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U.S. Code as of:
01/19/04
Section 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)
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).
(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.
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