S. 3663: Small Business International Trade Enhancements Act of 2006

109th Congress · introduced 2006-07-14 · Commerce · Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S7556)

federal

Follow this bill, step by step

Where it came from: introduced 2006-07-14 · official record
Who proposed it: Sen. Landrieu, Mary L. [D-LA] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S7556) Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Small Business International Trade Enhancements Act of 2006

Plain summary

Small Business International Trade Enhancements Act of 2006 - Amends the Small Business Act to increase: (1) the ceiling on a Small Business Administration (SBA) international trade loan (ITL) guarantee under the Export Working Capital Program from $1.75 million to $2.75 million; (2) the maximum ITL to $3.67 million; and (3) the maximum available for export working capital, supplies, or financing from $1.25 million to $2 million. Allows the use of an ITL for working capital. Allows an ITL to be secured by a second lien position on the property or equipment financed by the loan or on other assets of the small business concern. (Currently a first lien position or first mortgage on the property, equipment, or other business assets is required.) Directs the SBA Administrator to assign to the Office of International Trade (OIT) one additional full-time international finance specialist to carry out the export promotion efforts in Louisiana, Mississippi, and Alabama. Requires such specialist to be located at the U.S. Export Assistance Center in the New Orleans, Louisiana. Directs the Administrator to ensure that the number of full-time equivalent OIT employees (international finance specialists) assigned to the district and foreign one-stop shops for U.S. exporters operated by the United States and Foreign Commercial Service is at least the number of such employees (16) so assigned on January 1, 2006.

Congressional Research Service summary (Introduced in Senate), quoted unchanged (nonpartisan). Read the source.

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What does this mean? (plain words)

Official text

Small Business International Trade Enhancements Act of 2006

Source: Congressional Research Service summary (Introduced in Senate)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Landrieu, Mary L. [D-LA] · 3 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-109s3663.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/109/s>

Record fed-us-cong109-s3663 · catalog fed-us-congress-bills-cong109 · updated 2026-11-15 by psicol fed-bills-cong109