H.R. 2992 would amend the Small Business Act to improve trade programs.

== Detailed Summary ==

<summary>
SBA Trade Programs Act of 2007 - Amends the Small Business Act to require the director of the Office of International Trade (Office) within the Small Business Administration (SBA) to: (1) present recommendations regarding small business exporters to trade negotiators; (2) develop trade policies that support small businesses in domestic and foreign markets; (3) implement trade policies through relationships developed with federal trade policymakers and transnational organizations; (4) establish programs to boost exports of entrepreneurs and encourage transnational organizations to support and publicize such programs; (5) notify the congressional small business committees of pending strategic alliances; (6) develop and maintain a small business trade strategy; (7) develop a system to track small business exports and the use by small businesses of federal trade promotion resources; (8) design a program that provides technical assistance, counseling services, and reference materials to assist small businesses in navigating the trade dispute and remedy processes; (9) establish a comprehensive set of services to assist small business trade readjustment; and (10) carry out a national study to compare the rates of exports from each state and major metropolitan region to the availability of SBA staff participating in Export Assistance Centers in such state or region. Requires the Office to: (1) design counseling services for small businesses taking legal action to secure their rights to domestic patents in foreign countries; and (2) increase the number of trade finance specialists at Export Assistance Centers.

Directs the SBA to increase outreach and marketing of international trade loans to district offices and private lenders.

Increases SBA business loan limits for small and medium-sized exporters participating in export working capital and international trade programs.
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== Status of the Legislation ==

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Latest Major Action: 9/4/2007: Passed/agreed9/5/2007: Referred to in House.Senate committee. Status: On motion to suspendReceived in the rulesSenate and pass the bill, as amended AgreedRead twice and referred to by voice vote.the Committee on Small Business and Entrepreneurship.
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== Points in Favor ==

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== Points Against ==

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