To amend the Small Business Act to enhance the Office of Credit Risk Management, to require the Administrator of the Small Business Administration to issue rules relating to environmental obligations of certified development companies, and for other purposes.

Bill 118 hr 10247, also known as the Small Business Credit Risk Management Enhancement Act, aims to make changes to the Small Business Act in order to improve the Office of Credit Risk Management within the Small Business Administration (SBA). The bill specifically focuses on enhancing the oversight and management of credit risks associated with small business loans.

One key provision of the bill is the requirement for the Administrator of the SBA to issue rules related to the environmental obligations of certified development companies. This is aimed at ensuring that small businesses receiving loans through these programs are meeting their environmental responsibilities and not causing harm to the environment.

Overall, the bill seeks to strengthen the SBA's ability to manage credit risks associated with small business loans, as well as to ensure that environmental obligations are being met by certified development companies. The ultimate goal of the bill is to promote responsible lending practices and protect both small businesses and the environment.