Summary: H.R.4816 — 101st Congress (1989-1990)All Information (Except Text)

There is one summary for H.R.4816. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/15/1990)

Rural Small Business Enhancement Act of 1990 - Title I: Loan Programs - Amends the Small Business Act to direct the Administrator of Small Business to make loans to rural economic development entities which must use them for: (1) the creation and expansion of business concerns; and (2) rural small business incubators. Prescribes lending guidelines. Authorizes appropriations.

Title II: Rural Small Business Investment Companies - Modifies the capital requirements for certain companies licensed to assist rural small business concerns. Authorizes paid-in capital to include contributions by State and local governments and nonprofit institutions.

Title III: Technical Assistance for Rural Small Business Concerns - Establishes an Office of Rural Affairs (the Office) in the Small Business Administration to be headed by an Associate Administrator who shall: (1) ensure that rural small businesses receive a percentage of financial assistance representative of the population and economic needs in their areas; (2) compile specified rural business statistics; and (3) disseminate information regarding sources of assistance.

Mandates that rural area statistics compiled by the Office be included in the President's annual report on small business and competition.

Directs the Administrator to: (1) make grants to rural economic development entities to fund a portion of the salaries and expenses of rural technical assistance specialists; (2) report to the Congress regarding the effectiveness of such grants; (3) make marketing assistance grants for rural small businesses; and (4) make grants to assist marketing studies regarding tourism promotion in rural areas. Authorizes appropriations. Sets forth matching grant requirements.

Title IV: Infrastructure Improvement - Amends the Surface Transportation and Uniform Relocation Assistance Act of 1987 to increase the authorization for rural Federal-aid highways.

Mandates that each State conduct a rural scenic byways preservation and improvement program with Federal amounts apportioned for construction projects on such byways. Outlines funding guidelines. Authorizes appropriations.

Title V: National Commission on Rural America - Establishes the National Commission on Rural America to evaluate and report to the Congress on specified aspects of the Federal rural assistance program. Terminates the Commission after it submits such report.

Title VI: Research and Reporting Requirements - Directs the Administration to study and report to the Congress on methods to: (1) assist rural small businesses to obtain Government contracts; and (2) expand the export of goods and services provided by such businesses.

Directs the Administrator to compile and distribute to the public and the Congress a catalog of Federal rural small business assistance programs.