15 U.S.C. 9006 (U.S. Code, current edition)
Summary
The current-edition U.S. Code text of 15 U.S.C. 9006, Direct appropriations. For the fiscal year ending September 30, 2020, available until September 30, 2021, it appropriates $670,335,000,000 for guaranteed loans under paragraph (36) of section 636(a); $675,000,000 for SBA salaries and expenses; $25,000,000 for the Office of Inspector General; $265,000,000 for entrepreneurial development programs; $10,000,000 for minority business centers; $10,000,000,000 for emergency EIDL grants under section 9009; $17,000,000,000 for section 9011; and $25,000,000 for the Treasury under section 9008. Subsection (b) covers secondary market guarantees of trust certificates from March 27, 2020 to September 30, 2021. The pages also carry § 9007, which defines a minority business enterprise as not less than 51 percent owned by socially disadvantaged individuals.
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“15 U.S.C. 9006 (U.S. Code, current edition).”
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Page 2479 TITLE 15—COMMERCE AND TRADE § 9006
(iii) the number of unique covered small (Pub. L. 116–136, div. A, title I, § 1105, Mar. 27,
business concerns that were served by the 2020, 134 Stat. 297; Pub. L. 116–260, div. N, title
Administration and resource partners; and III, § 345(a), Dec. 27, 2020, 134 Stat. 2051.)
(iv) other relevant outcome performance
data with respect to covered small busi- Editorial Notes
ness concerns, including the number of AMENDMENTS
employees affected, the effect on sales, the
2020—Pub. L. 116–260 substituted ‘‘the period begin-
disruptions of supply chains, and the ef- ning on March 27, 2020, and ending on June 30, 2021’’ for
forts made by the Administration and re- ‘‘the 3-month period beginning on March 27, 2020’’.
source partners to mitigate these effects;
and Statutory Notes and Related Subsidiaries
(B) with respect to the grant program EFFECTIVE DATE OF 2020 AMENDMENT
under subsection (c)— Pub. L. 116–260, div. N, title III, § 345(b), Dec. 27, 2020,
(i) the efforts of the Administrator and 134 Stat. 2051, provided that: ‘‘The amendment made by
the association or associations to develop subsection (a) [amending this section] shall be effective
and evolve an online resource for small as if included in the CARES Act (Public Law 116–136;
business concerns; and 134 Stat. 281).’’
(ii) the efforts of the Administrator and
§ 9005. Transferred
the association or associations to develop
a training program for resource partner Editorial Notes
counselors, including the number of coun-
selors trained. CODIFICATION
Section, Pub. L. 116–136, div. A, title I, § 1106, Mar. 27,
(Pub. L. 116–136, div. A, title I, § 1103, Mar. 27,
2020, 134 Stat. 297; Pub. L. 116–142, § 3(b), June 5, 2020, 134
2020, 134 Stat. 294; Pub. L. 116–260, div. N, title Stat. 641, which related to loan forgiveness, was renum-
III, § 346(a), Dec. 27, 2020, 134 Stat. 2051.) bered as section 7A of Pub. L. 85–536 by Pub. L. 116–260,
div. N, title III, § 304(b)(1)(A), Dec. 27, 2020, 134 Stat.
Editorial Notes 1993, and transferred to section 636m of this title.
AMENDMENTS
§ 9006. Direct appropriations
2020—Subsec. (b)(3)(A). Pub. L. 116–260 designated ex-
isting provisions as cl. (i), inserted heading, and added (a) In general
cl. (ii). There is appropriated, out of amounts in the
Treasury not otherwise appropriated, for the fis-
Statutory Notes and Related Subsidiaries cal year ending September 30, 2020, to remain
EFFECTIVE DATE OF 2020 AMENDMENT available until September 30, 2021, for additional
amounts—
Pub. L. 116–260, div. N, title III, § 346(b), Dec. 27, 2020,
134 Stat. 2052, provided that: ‘‘The amendments made
(1) $670,335,000,000 under the heading ‘‘Small
by subsection (a) [amending this section] shall be effec- Business Administration—Business Loans Pro-
tive as if included in the CARES Act (Public Law gram Account, CARES Act’’ for the cost of
116–136; 134 Stat. 281).’’ guaranteed loans as authorized under para-
graph (36) of section 636(a) of this title, as
§ 9003. State Trade Expansion Program added by section 1102(a) of this Act;
(a) In general (2) $675,000,000 under the heading ‘‘Small
Notwithstanding paragraph (3)(C)(iii) of sec- Business Administration—Salaries and Ex-
tion 649(l) of this title, for grants under the penses’’ for salaries and expenses of the Ad-
State Trade Expansion Program under such sec- ministration;
tion 649(l) of this title using amounts made (3) $25,000,000 under the heading ‘‘Small Busi-
available for fiscal year 2018 or fiscal year 2019, ness Administration—Office of Inspector Gen-
the period of the grant shall continue through eral’’, to remain available until September 30,
the end of fiscal year 2021. 2024, for necessary expenses of the Office of In-
spector General of the Administration in car-
(b) Reimbursement rying out the provisions of the Inspector Gen-
The Administrator shall reimburse any recipi- eral Act of 1978 (5 U.S.C. App.); 1
ent of assistance under section 649(l) of this title (4) $265,000,000 under the heading ‘‘Small
for financial losses relating to a foreign trade Business Administration—Entrepreneurial De-
mission or a trade show exhibition that was can- velopment Programs’’, of which—
celled solely due to a public health emergency (A) $240,000,000 shall be for carrying out
declared due to COVID–19 if the reimbursement section 9002(b) of this title; and
does not exceed a recipient’s grant funding. (B) $25,000,000 shall be for carrying out sec-
(Pub. L. 116–136, div. A, title I, § 1104, Mar. 27, tion 9002(c) of this title;
2020, 134 Stat. 297.) (5) $10,000,000 under the heading ‘‘Depart-
ment of Commerce—Minority Business Devel-
§ 9004. Waiver of matching funds requirement opment Agency’’ for minority business centers
under the Women’s Business Center program of the Minority Business Development Agency
During the period beginning on March 27, 2020, to provide technical assistance to small busi-
and ending on June 30, 2021, the requirement re- ness concerns;
lating to obtaining cash contributions from non- (6) $10,000,000,000 under the heading ‘‘Small
Federal sources under section 656(c)(1) of this Business Administration—Emergency EIDL
title is waived for any recipient of assistance
under such section 656 of this title. 1 See References in Text note below.
§ 9007 TITLE 15—COMMERCE AND TRADE Page 2480
Grants’’ shall be for carrying out section 9009 (2) the term ‘‘minority business center’’
of this title; means a Business Center of the Agency;
(7) $17,000,000,000 under the heading ‘‘Small (3) the term ‘‘minority business enterprise’’
Business Administration—Business Loans Pro- means a for-profit business enterprise—
gram Account, CARES Act’’ shall be for car- (A) not less than 51 percent of which is
rying out section 9011 of this title; and owned by 1 or more socially disadvantaged
(8) $25,000,000 under the heading ‘‘Depart- individuals, as determined by the Agency;
ment of the Treasury—Departmental Offices— and
Salaries and Expenses’’ shall be for carrying (B) the management and daily business op-
out section 9008 of this title. erations of which are controlled by 1 or more
(b) Secondary market socially disadvantaged individuals, as deter-
During the period beginning on March 27, 2020, mined by the Agency; and
and ending on September 30, 2021, guarantees of (4) the term ‘‘minority chamber of com-
trust certificates authorized by section 634(g) of merce’’ means a chamber of commerce devel-
this title with respect to loans under any para- oped specifically to support minority business
graph of section 636(a) of this title shall not ex- enterprises.
ceed a principal amount of $100,000,000,000. (b) Education, training, and advising grants
(c) Reports
(1) In general
Not later than 180 days after March 27, 2020,
The Agency may provide financial assist-
the Administrator shall submit to the Com-
ance in the form of grants to minority busi-
mittee on Appropriations of the Senate and the
ness centers and minority chambers of com-
Committee on Appropriations of the House of
merce to provide education, training, and ad-
Representatives a detailed expenditure plan for
vising to minority business enterprises.
using the amounts appropriated to the Adminis-
tration under subsection (a). (2) Use of funds
(Pub. L. 116–136, div. A, title I, § 1107, Mar. 27, Grants under this section shall be used for
2020, 134 Stat. 301; Pub. L. 116–139, div. A, the education, training, and advising of minor-
§ 101(a)(2), Apr. 24, 2020, 134 Stat. 620; Pub. L. ity business enterprises and their employees
116–260, div. N, title III, § 323(b), Dec. 27, 2020, 134 on—
Stat. 2019.) (A) accessing and applying for resources
provided by the Agency and other Federal
Editorial Notes resources relating to access to capital and
business resiliency;
REFERENCES IN TEXT
(B) the hazards and prevention of the
The CARES Act, referred to in subsec. (a)(1), (7), is transmission and communication of
Pub. L. 116–136, Mar. 27, 2020, 134 Stat. 281, also known COVID–19 and other communicable diseases;
as the Coronavirus Aid, Relief, and Economic Security
Act. For complete classification of this Act to the
(C) the potential effects of COVID–19 on
Code, see Short Title note set out under section 9001 of the supply chains, distribution, and sale of
this title and Tables. products of minority business enterprises
Section 1102(a) of this Act, referred to in subsec. and the mitigation of those effects;
(a)(1), means section 1102(a) of div. A of Pub. L. 116–136. (D) the management and practice of
The Inspector General Act of 1978, referred to in sub- telework to reduce possible transmission of
sec. (a)(3), is Pub. L. 95–452, Oct. 12, 1978, 92 Stat. 1101, COVID–19;
which was set out in the Appendix to Title 5, Govern-
(E) the management and practice of re-
ment Organization and Employees, and was substan-
tially repealed and restated in chapter 4 (§ 401 et seq.) mote customer service by electronic or other
of Title 5 by Pub. L. 117–286, §§ 3(b), 7, Dec. 27, 2022, 136 means;
Stat. 4206, 4361. For disposition of sections of the Act (F) the risks of and mitigation of cyber
into chapter 4 of Title 5, see Disposition Table pre- threats in remote customer service or
ceding section 101 of Title 5. telework practices;
AMENDMENTS (G) the mitigation of the effects of reduced
travel or outside activities on minority busi-
2020—Subsec. (a)(1). Pub. L. 116–139 substituted
ness enterprises during COVID–19 or similar
‘‘$670,335,000,000’’ for ‘‘$349,000,000,000’’.
Subsec. (b). Pub. L. 116–260 inserted ‘‘with respect to occurrences; and
loans under any paragraph of section 636(a) of this (H) any other relevant business practices
title’’ before ‘‘shall not exceed’’. necessary to mitigate the economic effects
of COVID–19 or similar occurrences.
Statutory Notes and Related Subsidiaries (3) No matching funds required
EFFECTIVE DATE OF 2020 AMENDMENT Matching funds shall not be required for any
Amendment by Pub. L. 116–260 effective on Dec. 27, grant under this section.
2020, and applicable to loans and grants made on or
(4) Goals and metrics
after Dec. 27, 2020, see section 348 of Pub. L. 116–260, set
out as a note under section 636 of this title. (A) In general
§ 9007. Minority Business Development Agency Goals and metrics for the funds made
available under this section shall be jointly
(a) Definitions developed, negotiated, and agreed upon, with
In this section— full participation of both parties, between
(1) the term ‘‘Agency’’ means the Minority the minority business centers, minority
Business Development Agency of the Depart- chambers of commerce, and the Agency,
ment of Commerce; which shall—
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