Authorization of appropriations for formula grants received by States

Section 21(a)(4)(C) of the Small Business Act (15 U.S.C. 648(a)(4)(C)) is amended— (1) in clause (vii), by striking this subparagraph and all that follows through the period at the end and inserting this subparagraph $175,000,000 for each of fiscal years 2026 through 2029.; and (2) in clause (viii)— (A) by striking shall reserve not less than $1,000,000 and inserting shall reserve not more than $2,000,000; and (B) by striking shall not exceed $100,000 and inserting shall not exceed $200,000.