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H. Rept. 115-655 1 (2018-04-26)

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                    115TH CONGRESS                                          REPORT
                        2d Session     HOUSE OF REPRESENTATIVES             115-655







                        SMALL BUSINESS 7(A) LENDING OVERSIGHT REFORM
                                               ACT OF 2018



                     APRIL 26, 2018.-Committed to the Committee of the Whole House on the State of
                                        the Union and ordered to be printed



                            Mr. CHABOT, from the Committee on Small Business,
                                          submitted the following


                                              REPORT

                                            [To accompany H.R. 4743]

                      The Committee on Small Business, to whom was referred the bill
                    (H.R. 4743) to amend the Small Business Act to strengthen the Of-
                    fice of Credit Risk Management within the Small Business Admin-
                    istration, and for other purposes, having considered the same, re-
                    port favorably thereon with an amendment and recommend that
                    the bill as amended do pass.

                                                 CONTENTS
                                                                                     Page
                        I. Purpose  and  Bill  Sum m ary  .......................................................................  6
                        II. Background  and  the  Need  for Legislation  ............................................... .  6
                        III.  H earin gs  .......................................................................................................  8
                        IV .  Com m ittee  Consideration  .........................................................................  9
                        V .  C om m ittee  V otes  .......................................................................................  9
                        VI. Section-by-Section  Analysis of H .R. 4743  ..................................................  13
                      VII. Congressional Budget Office Cost Estimate .............................................  16
                      V III.  U nfunded  M andates  ................................................................................... .  16
                      IX. New Budget Authority, Entitlement Authority and Tax Expenditures            16
                        X .  O versight  Findings  ..................................................................................... .  16
                        XI. Statem ent of Constitutional Authority  ......................................................  16
                      XII. Congressional Accountability  Act  ..............................................................  16
                      XIII. Federal Advisory  Committee  Statement   ...................................................  17
                      XIV .  Statem ent  of  N o  Earm arks  ........................................................................  17
                      XV. Statement of Duplication of Federal Programs ........................................  17
                      XVI. Disclosure  of Directed  Rule  M akings  .......................................................  17
                      XVII. Perform  ance  Goals  and  Objectives  ...........................................................  17
                    XVIII. Changes in Existing Law Made by the Bill, as Reported ........................ 17
                      The amendment is as follows:
                      Strike all after the enacting clause and insert the following:


79-006

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