text: SECTION 1. PERMANENT LOAN GUARANTEE FEE WAIVERS FOR VETERANS.
  
      Section 7(a) of the Small Business Act (15 U.S.C. 636(a)) is 
  amended--
              (1) in paragraph (14)(B)(ii), by adding at the end the 
          following:
                                      ``(III) Guarantee fee waiver for 
                                  veterans.--
                                              ``(aa) Definition.--In this 
                                          subclause, the term `veteran or 
                                          spouse of a veteran' has the 
                                          meaning given the term in 
                                          paragraph (31)(G)(iii).
                                              ``(bb) Guarantee fee 
                                          waiver.--The Administrator may 
                                          not collect a guarantee fee 
                                          described in paragraph (18) in 
                                          connection with a loan of not 
                                          more than $150,000 made under 
                                          this paragraph to a veteran or 
                                          spouse of a veteran on or after 
                                          October 1 of the first fiscal 
                                          year beginning after the date 
                                          of enactment of this subclause.
                                              ``(cc) Exception.--If the 
                                          President's budget for the 
                                          upcoming fiscal year, submitted 
                                          to Congress pursuant to section 
                                          1105(a) of title 31, United 
                                          States Code, includes a cost 
                                          for the program established 
                                          under this subsection that is 
                                          above zero, the requirements of 
                                          item (bb) shall not apply to 
                                          loans made during such upcoming 
                                          fiscal year.'';
              (2) in paragraph (16), by adding at the end the following:
                      ``(G) Guarantee fee waiver for veterans.--
                              ``(i) Definition.--In this subparagraph, 
                          the term `veteran or spouse of a veteran' has 
                          the meaning given the term in paragraph 
                          (31)(G)(iii).
                              ``(ii) Guarantee fee waiver.--The 
                          Administrator may not collect a guarantee fee 
                          described in paragraph (18) in connection with 
                          a loan of not more than $150,000 made under 
                          this paragraph to a veteran or spouse of a 
                          veteran on or after October 1 of the first 
                          fiscal year beginning after the date of 
                          enactment of this subparagraph.
                              ``(iii) Exception.--If the President's 
                          budget for the upcoming fiscal year, submitted 
                          to Congress pursuant to section 1105(a) of 
                          title 31, United States Code, includes a cost 
                          for the program established under this 
                          subsection that is above zero, the requirements 
                          of clause (ii) shall not apply to loans made 
                          during such upcoming fiscal year.''; and
              (3) in paragraph (34), by adding at the end the following:
                      ``(D) Guarantee fee waiver for veterans.--
                              ``(i) Definition.--In this subparagraph, 
                          the term `veteran or spouse of a veteran' has 
                          the meaning given the term in paragraph 
                          (31)(G)(iii).
                              ``(ii) Guarantee fee waiver.--The 
                          Administrator may not collect a guarantee fee 
                          described in paragraph (18) in connection with 
                          an express loan of not more than $150,000 made 
                          under this paragraph to a veteran or spouse of 
                          a veteran on or after October 1 of the first 
                          fiscal year beginning after the date of 
                          enactment of this subparagraph.
                              ``(iii) Exception.--If the President's 
                          budget for the upcoming fiscal year, submitted 
                          to Congress pursuant to section 1105(a) of 
                          title 31, United States Code, includes a cost 
                          for the program established under this 
                          subsection that is above zero, the requirements 
                          of clause (ii) shall not apply to express loans 
                          made during such upcoming fiscal year.''.
target: This bill amends the Small Business Act to prohibit the Small Business Administration (SBA) from assessing a guarantee fee in connection with a loan of not more than $150,000 made to a veteran or spouse of a veteran beginning the first fiscal year after enactment of this bill under the SBA's Export Working Capital, International Trade, or Export Express programs. If the President's budget for the upcoming fiscal year includes a cost for such a program that is above zero, this prohibition shall not apply to loans made during such upcoming fiscal year.
feat_title: To amend the Small Business Act to waive the guarantee fee for loans of not more than $150,000 provided to veterans and spouses of veterans under the Export Working Capital, International Trade, and Export Express programs.