This compilation includes

1 This compilation includes PL 112-239, enacted 1/3/13. SMALL BUSINESS ACT TABLE OF CONTENTS. Sec. 1 Citation. Sec. 2 policy of Congress. 15 USC 631. Sec. 3 Definitions. 15 USC 632. Sec. 4 Small Business Administration. 15 USC 633. Sec. 5 Administration powers. 15 USC 634. Sec. 6 Depositaries of funds. 15 USC 635. Sec. 7 Business loans. 15 USC 636. Sec. 8 SBA's additional powers. 15 USC 637. Sec. 9 Research and development. 15 USC 638. Sec. 10 Reports. 15 USC 639. Sec. 11 Antitrust exemption. 15 USC 640. Sec. 12 Transfer of small-business functions. 15 USC 641. Sec. 13 Listing of agents and attorneys. 15 USC 642. Sec. 14 Charges for Government-owned property.

2 15 USC 643. Sec. 15 Awards or contracts. 15 USC 644. Sec. 16 Criminal penalties. 15 USC 645. Sec. 17 Subordination of SBA collateral. 15 USC 646. Sec. 18 Avoidance of duplication. 15 USC 647. Sec. 19 Separability. 15 USC 631 note. Sec. 20 Authorization for appropriations. 15 USC 631 note. (Rev. 13). SMALL BUSINESS ACT. Sec. 21 Small business development centers. 15 USC 648. Sec. 22 Office of International Trade. 15 USC 649. Sec. 23 Supervisory and enforcement authority for small business lending companies. 15. USC 650. Sec. 24 Tree planting. 15 USC 651. Sec. 25 Central European Enterprise Development. 15 USC 652. Sec. 26 Office of Rural Affairs.

3 15 USC 653. Sec. 27 Paul D. Coverdell drug-free workplace demonstration program. 15 USC 654. Sec. 28 Pilot technology access program. 15 USC 655. Sec. 29 Women's business center program. 15 USC 656. Sec. 30 Oversight of regulatory enforcement. 15 USC 657. Sec. 31 HUBZone program. 15 USC 657a. Sec. 32 Veterans Programs. 15 USC 657b. Sec. 33 National Veterans Business Development Corporation. 15 USC 657c. Sec. 34 Federal and state technology partnership program. 15 USC 657d. Sec. 35 Mentoring networks. 15 USC 657e. Sec. 36 Procurement program for small business concerns owned and controlled by service-disabled veterans. 15 USC 657f.

4 Sec. 37 Coordination of disaster assistance programs with FEMA. 15 USC 657i. Sec. 38 Information tracking and follow-up system for disaster assistance. 15 USC 657j. Sec. 39 Disaster processing redundancy. 15 USC 657k. Sec. 40 Comprehensive disaster response plan. 15 USC 657l. Sec. 41 Plans to secure sufficient office space. 15 USC 657m. Sec. 42 Immediate disaster assistance program. 15 USC 657n. 2 (Rev. 13). SMALL BUSINESS ACT. Sec. 43 Annual reports on disaster assistance. 15 USC 657o. Sec. 44 Consolidation of contract requirements. 15 USC 657q. Sec. 45 Mentor-Prot g programs. 15 USC 657r. Sec. 46 Limitations on subcontracting.

5 15 USC 657s. Sec. 47 15 USC 631 note. SMALL BUSINESS ACT. (Public Law 85-536, as amended). 1. This Act may be cited as the Small Business Act.. 2. (a) The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business, and opportunities for the expression and growth of personal initiative and individual judgment be assured. The preservation and expansion of such competition is basic not only to the economic well-being but to the security of this Nation. Such security and well-being cannot be realized unless the actual and potential capacity of small business is encouraged and developed.

6 It is the declared policy of the Congress that the Government should aid, counsel, assist, and protect, insofar as is possible, the interests of small-business concerns in order to preserve free competitive enterprise, to insure that a fair proportion of the total purchases and contracts or subcontracts for property and services for the Government (including but not limited to contracts or subcontracts for maintenance, repair, and construction) be placed with small business enterprises, to insure that a fair proportion of the total sales of Government property be made to such enterprises, and to maintain and strengthen the overall economy of the Nation.

7 (b) (1) It is the declared policy of the Congress that the Federal Government, through the Administrator of the Small Business Administration, acting in cooperation with the Department of Commerce and other relevant State and Federal agencies, should aid and assist small businesses, as defined under this Act, to increase their ability to compete in international markets by . (A) enhancing their ability to export;. (B) facilitating technology transfers;. 3 (Rev. 13). SMALL BUSINESS ACT. (C) enhancing their ability to compete effectively and efficiently against imports;. (D) increasing the access of small businesses to long-term capital for the purchase of new plant and equipment used in the production of goods and services involved in international trade.

8 (E) disseminating information concerning State, Federal, and private programs and initiatives to enhance the ability of small businesses to compete in international markets; and (F) ensuring that the interests of small businesses are adequately represented in bilateral and multilateral trade negotiations. (2) The Congress recognizes that the Department of Commerce is the principal Federal agency for trade development and export promotion and that the Department of Commerce and the Small Business Administration work together to advance joint interests. It is the purpose of this Act to enhance, not alter, their respective roles.

9 (c) It is the declared policy of the Congress that the Government, through the Small Business Administration, should aid and assist small business concerns which are engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries; and the financial assistance programs authorized by this Act are also to be used to assist such concerns. (d) (1) The assistance programs authorized by sections 7(i) and 7(j) of this Act are to be utilized to assist in the establishment, preservation, and strengthening of small business concerns and improve the managerial skills employed in such enterprises, with special attention to small business concerns (1) located in urban or rural areas with high proportions of unemployed or low-income individuals; or (2) owned by low-income individuals; and to mobilize for these objectives private as well as public managerial skills and resources.

10 (2) (A) With respect to the programs authorized by section 7(j) of this Act, the Congress finds . (i) that ownership and control of productive capital is concentrated in the economy of the United States and certain groups, therefore, own and control little productive capital;. (ii) that certain groups in the United States own and control little productive capital because they have limited opportunities for small business ownership;. (iii) that the broadening of small business ownership among groups that presently own and control little productive capital is essential to provide for the 4 (Rev. 13). SMALL BUSINESS ACT. well-being of this Nation by promoting their increased participation in the free enterprise system of the United States.