EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET WASHINGTON, D.C. 20503

STATEMENT OF ADMINISTRATION POLICY
(THIS STATEMENT HAS BEEN COORDINATED BY OMB WITH THE CONCERNED AGENCIES.)

March 1, 1999 (Senate)

S. 314 - Small Business Year 2000 Readiness Act (Bond (R) MO and 16 cosponsors)

The Administration has no objection to Senate passage of S. 314. The Administration notes, however, that there are existing loan programs at the Small Business Administration that could be used by most small businesses to address their Y2K readiness needs.