§ 631b. — Reports to Congress; state of small business.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 15USC631b]
TITLE 15--COMMERCE AND TRADE
CHAPTER 14A--AID TO SMALL BUSINESS
Sec. 631b. Reports to Congress; state of small business
(a) Report on Small Business and Competition
The President shall transmit to the Congress not later than January
20 of each year a Report on Small Business and Competition which shall--
(1) examine the current role of small business in the economy on
an industry-by-industry basis;
(2) present current and historical data on production,
employment, investment, population, job creation and retention,
annual business failures, annual business startups, and other
economic variables for small business in the economy as a whole and
for small business in each sector of the economy, with, to the
extent practicable, specific statistics divided as to urban,
suburban, and rural areas;
(3) identify economic trends which will or may affect the small
business sector and the state of competition;
(4) examine the effects on small business and competition of
policies, programs, and activities, including, but not limited to
the Internal Revenue Code [26 U.S.C. 1 et seq.], the Employee
Retirement Income Security Act [29 U.S.C. 1001 et seq.], the
Securities Act of 1933 [15 U.S.C. 77a et seq.], and the Securities
Exchange Act of 1934 [15 U.S.C. 78a et seq.], and regulations
promulgated thereunder; identify problems generated by such
policies, programs, and activities; and recommend legislative and
administrative solutions to such problems; and
(5) recommend a program for carrying out the policy declared in
section 631a of this title, together with such recommendations for
legislation as he may deem necessary or desirable.
(b) Appendix to report
The President also shall transmit simultaneously as an appendix to
such annual report, a report, by agency and department, on the total
dollar value of all Federal contracts exceeding $10,000 in amount and
the dollar amount (including the subcontracts thereunder in excess of
$10,000) awarded to small, minority-owned, female-owned, and veteran-
owned businesses.
(c) Supplementary reports
The President may transmit from time to time to the Congress reports
supplementary to the Report on Small Business and Competition, each of
which shall include such supplementary or revised recommendations as he
may deem necessary or desirable to achieve the policy declared in
section 631a of this title.
(d) Referral to Congressional committees
The Report on Small Business and Competition and all supplementary
reports transmitted under subsections (b) and (c) of this section shall,
when transmitted to Congress, be referred to the Senate Select Committee
on Small Business and the Committee on Small Business of the House of
Representatives.
(e) Small business concerns owned by disadvantaged individuals and by
women \1\
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\1\ See 1988 Amendment note below.
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The information and data required to be reported pursuant to
subsection (a) of this section shall separately detail those portions of
such information and data that are relevant to--
(1) small business concerns owned and controlled by socially and
economically disadvantaged individuals, by gender, as defined
pursuant to section 637(d) of this title;
(2) small business concerns owned and controlled by women; and
(3) \2\ qualified HUBZone small business concern (as defined in
section 632(p) of this title).
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\2\ So in original. Two pars. (3) have been enacted.
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(3) \2\ small business concerns owned and controlled by
veterans, as defined in section 632(q) of this title, and small
business concerns owned and controlled by service-disabled veterans,
as defined in such section 632(q) of this title.
(Pub. L. 96-302, title III, Sec. 303, July 2, 1980, 94 Stat. 848; Pub.
L. 100-533, title V, Sec. 503, Oct. 25, 1988, 102 Stat. 2697; Pub. L.
100-590, title I, Sec. 124, Nov. 3, 1988, 102 Stat. 3000; Pub. L. 101-
574, title III, Sec. 305, Nov. 15, 1990, 104 Stat. 2829; Pub. L. 105-
135, title VI, Sec. 604(c), title VII, Sec. 705, Dec. 2, 1997, 111 Stat.
2633, 2637; Pub. L. 106-50, title VI, Sec. 602, Aug. 17, 1999, 113 Stat.
248.)
References in Text
The Internal Revenue Code, referred to in subsec. (a)(4), is
classified to Title 26, Internal Revenue Code.
The Employee Retirement Income Security Act, referred to in subsec.
(a)(4), is Pub. L. 93-406, Sept. 2, 1974, 88 Stat. 829, as amended,
which is classified principally to chapter 18 (Sec. 1001 et seq.) of
Title 29, Labor. For complete classification of this Act to the Code,
see Short Title note set out under section 1001 of Title 29 and Tables.
The Securities Act of 1933, referred to in subsec. (a)(4), is act
May 27, 1933, ch. 38, title I, 48 Stat. 74, as amended, which is
classified generally to subchapter I (Sec. 77a et seq.) of chapter 2A of
this title. For complete classification of this Act to the Code, see
section 77a of this title and Tables.
The Securities Exchange Act of 1934, referred to in subsec. (a)(4),
is act June 6, 1934, ch. 404, 48 Stat. 881, as amended, which is
classified principally to chapter 2B (Sec. 78a et seq.) of this title.
For complete classification of this Act to the Code, see section 78a of
this title and Tables.
Codification
Section was enacted as part of the Small Business Economic Policy
Act of 1980, and not as part of the Small Business Act which comprises
this chapter.
Amendments
1999--Subsec. (e)(1). Pub. L. 106-50, Sec. 602(1), which directed
amendment of par. (1) by striking ``and'' after the semicolon, could not
be executed because the word ``and'' did not appear after the semicolon.
Subsec. (e)(2). Pub. L. 106-50, Sec. 602(2), which directed
amendment of par. (2) by substituting ``; and'' for the period, could
not be executed because par. (2) did not contain a period.
Subsec. (e)(3). Pub. L. 106-50, Sec. 602(3), added par. (3) relating
to small business concerns owned and controlled by veterans.
1997--Subsec. (b). Pub. L. 105-135, Sec. 705, substituted ``,
female-owned, and veteran-owned businesses'' for ``and female-owned
businesses''.
Subsec. (e)(3). Pub. L. 105-135, Sec. 604(c), added par. (3).
1990--Subsec. (a)(2). Pub. L. 101-574 added par. (2) and struck out
former par. (2) which read as follows: ``present current and historical
data on production, employment, investment, and other economic variables
for small business in the economy as a whole and for small business in
each sector of the economy;''.
1988--Subsec. (e). Pub. L. 100-533 and Pub. L. 100-590 added
subsecs. (e) which were identical, except that the subsec. (e) added by
Pub. L. 100-533, which is set out as text of this section, contained the
phrase ``, by gender,'' in par. (1).
Effective Date of 1997 Amendment
Amendment by Pub. L. 105-135 effective Oct. 1, 1997, see section 3
of Pub. L. 105-135, set out as a note under section 631 of this title.
Effective Date
Section effective Oct. 1, 1980, see section 507 of Pub. L. 96-302,
set out as an Effective Date of 1980 Amendment note under section 631 of
this title.
Termination of Reporting Requirements
For termination, effective May 15, 2000, of reporting provisions in
subsecs. (a) and (b) of this section, see section 3003 of Pub. L. 104-
66, as amended, set out as a note under section 1113 of Title 31, Money
and Finance, and pages 17 and 34 of House Document No. 103-7.
Section Referred to in Other Sections
This section is referred to in section 644 of this title.
