Notice2024-07325
Solicitations of Nominations
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
April 8, 2024
Issuing agencies
Small Business Administration
Abstract
The SBA requests nominations of individuals to the Small Business Lending Advisory Council (Lending Council). The SBA will consider nominations received in response to this notice, as well as from other sources.
Full Text
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<title>Federal Register, Volume 89 Issue 68 (Monday, April 8, 2024)</title>
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[Federal Register Volume 89, Number 68 (Monday, April 8, 2024)]
[Notices]
[Pages 24556-24557]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-07325]
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SMALL BUSINESS ADMINISTRATION
Solicitations of Nominations
AGENCY: Small Business Administration (SBA).
ACTION: Notice.
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SUMMARY: The SBA requests nominations of individuals to the Small
Business Lending Advisory Council (Lending Council). The SBA will
consider nominations received in response to this notice, as well as
from other sources.
DATES: Nominations will be accepted through May 10, 2024 on a rolling
basis. The SBA will retain nominations received after this date for
consideration should additional vacancies occur.
ADDRESSES: All nominations should be emailed to <a href="/cdn-cgi/l/email-protection#0e426b606a6760694d617b606d67624e7d6c6f20696178"><span class="__cf_email__" data-cfemail="e1ad848f85888f86a28e948f82888da1928380cf868e97">[email protected]</span></a>
with the subject line 2024 Lending Council Nomination.
FOR FURTHER INFORMATION CONTACT: Alejandro Contreras, Acting Director,
Office of Financial Assistance, <a href="/cdn-cgi/l/email-protection#a0ecc5cec4c9cec7e3cfd5cec3c9cce0d3c2c18ec7cfd6"><span class="__cf_email__" data-cfemail="e0ac858e84898e87a38f958e83898ca0938281ce878f96">[email protected]</span></a> or (202) 205-
6436. The phone number may also be reached by individuals who are deaf
or hard of hearing, or who have speech disabilities, through the
Federal Communications Commission's TTY-Based Telecommunications Relay
Service teletype service at 711.
SUPPLEMENTARY INFORMATION: The Small Business Lending Advisory Council
(Lending Council) is being established as a Federal Advisory Committee
in accordance with the Federal Advisory Committee Act (FACA) (Pub. L.
92-463, 5 U.S.C. 10. The following provides information about the
Committee, membership, and the nomination process.
I. Objectives and Duties
1. The Small Business Lending Advisory Council: advises the SBA
Administrator on matters broadly related to facilitating greater access
and availability of capital for small business, especially in
underserved communities; provides feedback and input on pending and
enacted changes relevant to the small business lending community;
cultivating greater public-private engagement, cooperation, and
collaboration; develops recommendations for additions or enhancements
to SBA programs and services to address long-term capital access gaps
faced by small businesses and obstacles faced by the lenders that seek
to support them.
2. The Lending Council will provide advice and recommendations to
SBA on matters relating to small business lending, private sector
innovation in the small business lending community, and policy
impacting small businesses' ability to access capital, especially in
underserved communities.
3. Committee members will examine the issues, challenges and
obstacles facing small businesses seeking access to capital, lenders
seeking to provide those small businesses capital under the various SBA
capital access programs, underserved and under-resourced communities
and the stakeholders supporting them in these subject areas and
recommend to SBA policy and programmatic changes to help strengthen and
refine SBA's programs and services to better facilitate the flow of
capital to small businesses.
4. The Lending Council will submit to the SBA Administrator and the
Associate Administrator for the Office of Capital Access a report
containing a detailed description of the Committee's activities; its
findings, conclusions, and recommendations; and recommendations for
such administrative actions as the Lending Council considers
appropriate to fulfill the purpose and objectives for which the
Committee has been created.
5. The Lending Council will function solely as an advisory body and
shall comply fully with the provisions of the FACA and the Small
Business Act and applicable rules and regulations.
6. The Lending Council will report to the SBA Administrator and the
Associate Administrator for the Office of Capital Access.
II. Membership
1. The Lending Council shall consist of no more than twenty-five
(25) members appointed by the SBA Administrator and will serve in a
representative capacity.
a. Seventeen (17) members may consist of current or former
representatives of small business leaders, community leaders,
representatives of financial institutions, and members of the small
business lending community;
b. Four (4) members may consist of small business advocates,
research organizations, or members of the financial support and
inclusion community;
c. One (1) member shall be a designated representative of the
Department of Treasury, Office of the Comptroller of the Currency;
d. One (1) member shall be a designated representative of the
Consumer Financial Protection Bureau;
e. One (1) member shall be a designated representative of the
Department of Agriculture;
f. One (1) member shall be a designated representative of the
Federal Reserve Board. Representatives of federal agencies shall be
designated by the head of their respective department or agency.
2. Members shall be appointed for two (2) year terms and may not
serve for more than three consecutive terms if the council is renewed.
3. In appointing members of the Lending Council, the Administrator
shall, to the extent practicable, ensure that the members appointed
reflect geographic (including both urban and rural areas), racial,
gender, and economic diversity.
4. The SBA Administrator shall appoint a Chairperson and Vice
Chairperson from the membership of the Lending Council.
III. Miscellaneous
1. The SBA will not compensate members of the Lending Council for
their services, but shall, on request, reimburse travel expenses as
authorized by 5 U.S.C. 5703. All necessary staff support services,
facilities, and expenses will, to the extent permitted by law and
subject to the availability of funds, be furnished by the SBA Office of
Capital Access.
2. The Lending Council shall meet at least three (3) times per year
at the call of the Designated Federal Officer in consultation with the
Chairperson, or at the request of the SBA Administrator. There will be
one in person meeting held each year, with two virtual meetings.
3. The Designated Federal Officer for the Lending Council is the
career Deputy Associate Administrator, Office
[[Page 24557]]
of Capital Access, or any other full-time or part-time employee
designated and assigned by the SBA Administrator.
IV. Nomination Information
1. Nominations are requested as described below.
2. Nominees must have experience and technical expertise in such
areas as commercial lending, small business finance, government-
guaranteed lending, small business advocacy or advisement, and
expertise needed to provide advice on SBA's loan programs.
3. The SBA is especially interested in receiving applications from
persons with expertise in small business finance for underserved
communities, including rural communities and high-poverty communities.
4. Individuals, groups, and/or organizations may submit nominations
on behalf of individual candidates. Nominees must be able to actively
participate in the tasks of the Lending Council, including, but not
limited to, regular meeting attendance, Committee meeting discussant
responsibilities, review of materials, as well as participation in
conference calls, webinars, working groups, and/or special Committee
activities.
5. Self-nominations are permitted.
6. Nomination emails sent to <a href="/cdn-cgi/l/email-protection#9bd7fef5fff2f5fcd8f4eef5f8f2f7dbe8f9fab5fcf4ed"><span class="__cf_email__" data-cfemail="f1bd949f95989f96b29e849f92989db1829390df969e87">[email protected]</span></a> should include:
a. The subject line 2024 Lending Council Nomination.
b. The first and last name of the nominee, as well as the nominee's
phone number and email address.
c. The nominator, including either the first and last name of the
nominator and their current title, or the name of the organization.
d. The nominee's state of residence.
e. A nomination letter, not to exceed 2 pages, that highlights the
reason the nominee should serve on the Lending Council.
f. A summary of the nominee's qualifications in a resum[eacute] or
curriculum vitae, not to exceed 3 pages.
7. The SBA is committed to equal opportunity in the workplace and
seeks diverse membership.
Dated: April 2, 2024.
Andrienne Johnson,
Committee Management Officer.
[FR Doc. 2024-07325 Filed 4-5-24; 8:45 am]
BILLING CODE 8026-09-P
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