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SBA

RIN: 3245-AF89

Publication ID: Spring 2009

Title: ●Implementation of American Recovery and Reinvestment Act of 2009
Abstract: SBA plans to issue regulations to implement the American Recovery and Reinvestment Act of 2009. The new regulations will make conforming changes to existing regulations and establish several new programs. These programs include a secondary market guarantee program for 504 first mortgages, a refinancing program for community development loans, a business stabilization loan program for small businesses experiencing immediate financial hardship, and a program to make loans to systemically important SBA secondary market broker-dealers. In addition, new regulations will increase the maximum leverage limits for small business investment companies, and will increase the maximum contract amount in the Surety Bond Guarantee program.
Agency: Small Business Administration(SBA)	Priority: Other Significant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: No	Unfunded Mandates: No
CFR Citation: 13 CFR 107,115, and 120 (To search for a specific CFR, visit the Code of Federal Regulations.)
Legal Authority: 15 USC 636 15 USC 683(b) 15 USC 686(a) 15 USC 695,697

Legal Deadline: None

Timetable:

Action	Date	FR Cite
Interim Final Rule	04/00/2009

Regulatory Flexibility Analysis Required: Yes	Government Levels Affected: None
Small Entities Affected: Businesses	Federalism: No
Included in the Regulatory Plan: No
RIN Data Printed in the FR: Yes
Agency Contact: Eric R Zarnikow Associate Administrator, Office of Capital Access Small Business Administration 409 3rd Street SW, Washington, DC 20416 Phone:202 205-6657 Fax:202 481-0797 Email: eric.zarnikow@sba.gov