15 U.S.C. § 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)

26 U.S.C. 1 29 U.S.C. 1001 15 U.S.C. 77a 15 U.S.C. 78a examine the effects on small business and competition of policies, programs, and activities, including, but not limited to the Internal Revenue Code [ et seq.], the Employee Retirement Income Security Act [ et seq.], the Securities Act of 1933 [ et seq.], and the Securities Exchange Act of 1934 [ 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)

section 631a of this title recommend a program for carrying out the policy declared in , 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

section 631a of this titleThe 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 .

(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)

1
1 See 1988 Amendment note below.
Small business concerns owned by disadvantaged individuals and by women 

The information and data required to be reported pursuant to subsection (a) shall separately detail those portions of such information and data that are relevant to—

(1)

section 637(d) of this title small business concerns owned and controlled by socially and economically disadvantaged individuals, by gender, as defined pursuant to ;

(2)

small business concerns owned and controlled by women; and

(3)

2 So in original. Two pars. (3) have been enacted.

3 See References in Text note below.

  qualified HUBZone small business concern (as defined in section 632(p)  of this title).

(3)

²section 632(q) of this title section 632(q) of this title  small business concerns owned and controlled by veterans, as defined in , and small business concerns owned and controlled by service-disabled veterans, as defined in such .

Pub. L. 96–302, title III, § 303July 2, 198094 Stat. 848 Pub. L. 100–533, title V, § 503Oct. 25, 1988102 Stat. 2697 Pub. L. 100–590, title I, § 124Nov. 3, 1988102 Stat. 3000 Pub. L. 101–574, title III, § 305Nov. 15, 1990104 Stat. 2829 Pub. L. 105–135, title VI, § 604(c)Dec. 2, 1997111 Stat. 2633 Pub. L. 106–50, title VI, § 602Aug. 17, 1999113 Stat. 248(, , ; , , ; , , ; , , ; , title VII, § 705, , , 2637; , , .)

Editorial Notes

References in Text

The Internal Revenue Code, referred to in subsec. (a)(4), is classified to Title 26, Internal Revenue Code.

Pub. L. 93–406Sept. 2, 197488 Stat. 829 section 1001 of Title 29The Employee Retirement Income Security Act, referred to in subsec. (a)(4), is , , , which is classified principally to chapter 18 (§ 1001 et seq.) of Title 29, Labor. For complete classification of this Act to the Code, see Short Title note set out under and Tables.

act May 27, 1933, ch. 38, title I 48 Stat. 74 section 77a of this titleThe Securities Act of 1933, referred to in subsec. (a)(4), is , , which is classified generally to subchapter I (§ 77a et seq.) of chapter 2A of this title. For complete classification of this Act to the Code, see and Tables.

act June 6, 1934, ch. 404 48 Stat. 881 section 78a of this titleThe Securities Exchange Act of 1934, referred to in subsec. (a)(4), is , , which is classified principally to chapter 2B (§ 78a et seq.) of this title. For complete classification of this Act to the Code, see and Tables.

Section 632(p) of this title section 657a(b) of this title Pub. L. 115–91, div. A, title XVII, § 1701(a)(2)Dec. 12, 2017131 Stat. 1795, referred to in subsec. (e)(3), was redesignated by , , .

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

Pub. L. 106–50, § 602(1)1999—Subsec. (e)(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.

Pub. L. 106–50, § 602(2)Subsec. (e)(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.

Pub. L. 106–50, § 602(3)Subsec. (e)(3). , added par. (3) relating to small business concerns owned and controlled by veterans.

Pub. L. 105–135, § 7051997—Subsec. (b). , substituted “, female-owned, and veteran-owned businesses” for “and female-owned businesses”.

Pub. L. 105–135, § 604(c)Subsec. (e)(3). , added par. (3).

Pub. L. 101–5741990—Subsec. (a)(2). 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;”.

Pub. L. 100–533 Pub. L. 100–590 Pub. L. 100–5331988—Subsec. (e). and added subsecs. (e) which were identical, except that the subsec. (e) added by , which is set out as text of this section, contained the phrase “, by gender,” in par. (1).

Statutory Notes and Related Subsidiaries

Change of Name

June 29, 2001Mar. 25, 1981Committee on Small Business of Senate changed to Committee on Small Business and Entrepreneurship of Senate. See Senate Resolution No. 123, One Hundred Seventh Congress, . Previously, Select Committee on Small Business of Senate became Committee on Small Business of Senate. See Senate Resolution No. 101, Ninety-Seventh Congress, .

Effective Date of 1997 Amendment

Pub. L. 105–135Oct. 1, 1997section 3 of Pub. L. 105–135 section 631 of this titleAmendment by effective , see , set out as a note under .

Effective Date

Oct. 1, 1980section 507 of Pub. L. 96–302 section 631 of this titleSection effective , see , set out as an Effective Date of 1980 Amendment note under .

Termination of Reporting Requirements

May 15, 2000section 3003 of Pub. L. 104–66 section 1113 of Title 31For termination, effective , of reporting provisions in subsecs. (a) and (b) of this section, see , as amended, set out as a note under , Money and Finance, and pages 17 and 34 of House Document No. 103–7.