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S. Rept. 114-242 1 (2016-04-21)

handle is hein.congrecreports/crptxsgq0001 and id is 1 raw text is: AUT-ENTICATED US. GOVERNMENT INFORMATION GP Calendar No. 110 114TH CONGRESS REPORT 2d Session SENATE 114-242 SCORE FOR SMALL BUSINESS ACT OF 2015 APRIL 21, 2016.-Ordered to be printed Mr. VITTER, from the Committee on Small Business and Entrepreneurship, submitted the following REPORT [To accompany S. 1000] The Committee on Small Business and Entrepreneurship, to which was referred the bill (S. 1000) to strengthen resources for en- trepreneurs by improving the SCORE program, and for other pur- poses, having considered the same, reports favorably thereon, with an amendment in the nature of a substitute, and recommends that the bill, as amended, do pass. I. INTRODUCTION The SCORE for Small Business Act of 2015 (S. 1000) was intro- duced by Senator Risch, with original co-sponsorship from Senator Coons, on April 16, 2015. Senators Ayotte, Gardner, Peters, and Udall are also cosponsors of the legislation. The SCORE for Small Business Act of 2015 increases SCORE's authorization level to $10.5 million in fiscal years 2016 through 2018 and strengthens the SCORE program through directives that impact the quality, scope and cost of services provided through the SCORE program. During the markup of the bill, the Vitter amendment was ap- proved unanimously by voice vote. The Vitter amendment estab- lishes an offset for the increased authorization for the SCORE pro- gram. The offset will be a limitation on the amount the Adminis- tration can spend on entrepreneurship education programs to $5 million, $2.5 million of which must be obligated to the Emerging Leaders initiative. The bill, as amended, was approved unani- mously by voice vote. 59-010

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