,i #aag? ,,congress #b;d ,session ,h4 ,r4 #ghff ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #bd1 #bjbb,mr4 ,g>ca ( ,ill9ois 7= himself & ,mr4 ,johnson ( ,georgia7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,small ,bus9ess1 & 9 addition to ! ,committee on ,transportation & ,infra/ructure1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d title #di1 ,unit$ ,/ates ,code1 & ! ,small ,bus9ess ,act to direct ! ,dep>tm5t ( ,transportation & ! ,small ,bus9ess ,adm9i/ration to /r5g!n & advance c]ta9 disadvantag$ bus9esses1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,giv+ ,disadvantag$ ,bus9esses ,opportunities = ,success ,act4 #b4 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title4,sec4 #b4 ,table ( cont5ts4,sec4 #c4 ,congressional f9d+s on ! importance ( disadvantag$ bus9esses4,sec4 #d4 ,def9itions4,sec4 #e4 ,sev]ability4,title ,i--,dep>tm5t ( ,transportation,sec4 #aja4 ,inflation adju/m5t to ,dep>tm5t ( ,transportation net wor? caps4,sec4 #ajb4 ,update to ,dep>tm5t ( ,transportation ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe size /&>ds4,sec4 #ajc4 ,dep>tm5t ( ,transportation annual gross receipts timel9e4,sec4 #ajd4 ,def9ition ( assets "u ,dep>tm5t ( ,transportation p]sonal net wor? te/4,sec4 #aje4 ,additional fund+ = ,dep>tm5t ( ,transportation m9ority res\rce c5t]4,sec4 #ajf4 ,improvem5ts to ,dep>tm5t ( ,transportation ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe m5tor-protg programs4,sec4 #ajg4 ,dep>tm5t ( ,transportation ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe c]tification univ]sal recognition4,sec4 #ajh4 ,inc5tives = excell5ce 9 ,disadvantag$ ,bus9ess ,ent]prise programs & ,,acdbe programs4,sec4 #aji4 ,report+ requirem5ts & /&>ds = waiv]s & exemptions4,sec4 #aaj4 ,advisory committee on disadvantag$ bus9ess ent]prises & ,a,c,d,b,es4,title ,,ii--,small ,bus9ess ,administration,sec4 #bja4 ,update to small bus9ess conc]n disadvantag$ bus9ess net wor? caps4,sec4 #bjb4 ,update to c]ta9 size /&>ds "u ! ,small ,bus9ess ,act4,sec4 #bjc4 ,annual gross receipts timel9e "u ! ,small ,bus9ess ,act4,sec4 #bjd4 ,def9ition ( assets "u ! ,small ,bus9ess ,act4,sec4 #bje4 ,small bus9ess developm5t c5t] p>tn]%ips ) ! ,dep>tm5t ( ,transportation4,sec4 #bjf4 ,small bus9ess developm5t c5t] p>tn]%ips ) nonpr(its4 #c4 ,congressional f9d+s on ! importance ( disadvantag$ bus9esses ,congress f9ds ! foll[+3 7#a7 ,:ile significant progress has occurr$ due to ! e/abli%m5t ( ! ,disadvantag$ ,bus9ess ,ent]prise program ( ! ,dep>tm5t ( ,transportation "u section #aaaja7;e7 ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh71 ! ,,acdbe program ( ! ,dep>tm5t ( ,transportation "u "p #bc ( title #di1 ,code ( ,f$]al ,regulations1 & ! ,section #h7;a7 ,bus9ess ,developm5t ,program ( ! ,small ,bus9ess ,adm9i/ration 7e/abli%$ "u section #h7;a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcg771 discrim9ation & relat$ b>ri]s cont9ue to pose significant ob/acles = m9ority- & wom5-own$ bus9esses seek+ to d bus9ess 9 f$]ally assi/$ transportation m>kets across ! ,unit$ ,/ates & ?r\gh procurem5t contracts ( ,f$]al ag5cies4 7#b7 ,! cont9u+ b>ri]s describ$ 9 p>agraph 7#a7 m]it ! cont9uation ( ! ,disadvantag$ ,bus9ess ,ent]prise program1 ! ,,acdbe program1 & ! ,section #h7;a7 ,bus9ess ,developm5t ,program4 7#c7 ,congress has receiv$ & review$ te/imony & docum5tation ( race & g5d] discrim9ation f num]\s s\rces1 includ+ congressional he>+s & r\ndtables1 sci5tific reports1 reports issu$ by public & private ag5cies1 news /ories1 reports ( discrim9ation by organizations & individuals1 & discrim9ation lawsuits1 :i* %[ t race- & g5d]-neutral ef=ts alone are insuffici5t to address ! problem4 7#d7 ,"s examples ( ! s\rces describ$ 9 p>agraph 7#c7 include ! foll[+3 7,a7 ,! he>+ ( ! ,committee on ,transportation & ,infra/ructure ( ! ,h\se ( ,repres5tatives held on ,septemb] #bc1 #bjbj1 titl$ ,driv+ ,equity3 ,! ,u4,s4 ,dep>tm5t ( ,transportation's ,disadvantag$ ,bus9ess ,ent]prise ,program4 7,b7 ,! he>+ ( ! ,subcommittee on ,contract+ & ,infra/ructure ( ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives held on ,m>* #b1 #bjbb1 titl$ ,! #h7;a7 ,program3 ,ov]view & ,next ,/eps to ,promote ,small ,bus9ess ,success4 7,c7 ,! #bjag ,disp>ity ,/udy ( ! ,ill9ois ,dep>tm5t ( ,transportation4 7,d7 ,! #bjah ,disp>ity ,/udy ( ! ,city ( ,d5v]4 7#e7 ,! te/imony & docum5tation describ$ 9 p>agraphs 7#c7 & 7#d7 demon/rate t discrim9ation across ! ,unit$ ,/ates poses a b>ri] to full & fair p>ticipation ( wom5 bus9ess own]s & m9ority bus9ess own]s 9 f$]ally assi/$ transportation m>kets & ?r\gh procurem5t contracts ( ,f$]al ag5cies & has impact$ ! developm5t ( su* bus9esses4 7#f7 ,! te/imony & docum5tation describ$ 9 p>agraphs 7#c7 & 7#d7 provide a /rong basis t !re is a compell+ ne$ = ! cont9uation ( ,disadvantag$ ,bus9ess ,ent]prise program1 ! ,,acdbe program1 & ! ,section #h7;a7 ,bus9ess ,developm5t ,program to address race & g5d] discrim9ation 9 f$]ally assi/$ transportation m>kets & ?r\gh procurem5t contracts ( ,f$]al ag5cies4 #d4 ,def9itions ,9 ?is ,act3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration4 7#b7 ,airport concession disadvantag$ bus9ess ent]prise ,! t]ms ,airport ,concession ,disadvantag$ ,bus9ess ,ent]prise 7,,acdbe7 & ,,acdbe h ! mean+ giv5 ! t]m ,airport ,concession ,disadvantag$ ,bus9ess ,ent]prise 7,,acdbe7 9 "p #bc4c ( title #di1 ,code ( ,f$]al ,regulations4 7#c7 ,conc]n$ op]at+ adm9i/ration ,! t]m conc]n$ op]at+ adm9i/ration has ! mean+ giv5 su* t]m 9 "p #bf4e ( title #di1 ,code ( ,f$]al ,regulations4 7#d7 ,disadvantag$ ,bus9ess ,ent]prise ,! t]m ,disadvantag$ ,bus9ess ,ent]prise has ! mean+ giv5 su* t]m 9 "p #bf4e ( title #di1 ,code ( ,f$]al ,regulations4 7#e7 ,disadvantag$ ,bus9ess ,ent]prise ,advisory ,committee ,! t]m ,disadvantag$ ,bus9ess ,ent]prise ,advisory ,committee means ! committee e/abli%$ 9 section #aaj ( ?is ,act4 7#f7 ,prime contractor ,! t]m prime contractor has ! mean+ giv5 su* t]m 9 section #hgja7e7 ( title #da1 ,unit$ ,/ates ,code4 7#g7 ,recipi5t ,! t]m recipi5t has ! mean+ giv5 su* t]m 9 p>ts #bc4c & #bf4e ( title #di1 ,code ( ,f$]al ,regulations4 7#h7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,transportation4 7#i7 ,small bus9ess developm5t c5t] ,! t]m small bus9ess developm5t c5t] has ! mean+ giv5 su* t]m 9 section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb74 7#aj7 ,small bus9ess transportation res\rce c5t] ,! t]m small bus9ess transportation res\rce c5t] means an entity fund$ by ! ,(fice ( ,small & ,disadvantag$ ,bus9ess ,utilization ( ! ,dep>tm5t ( ,transportation t provides an array ( te*nical assi/ance to build ! capacity ( small disadvantag$ transportation bus9esses4 #e4 ,sev]ability ,if any provision ( ?is ,act1 an am5dm5t made by ?is ,act1 or ! application ( su* provision or am5dm5t to any p]son or circum/ance is held to be uncon/itutional1 ! rema9d] ( ?is ,act & ! am5dm5ts made by ?is ,act1 & ! application ( su* rema9d] to any p]son or circum/ance %all n be affect$4 ,i ,dep>tm5t ( ,transportation #aja4 ,inflation adju/m5t to ,dep>tm5t ( ,transportation net wor? caps 7a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ,transportation %all issue su* regulations z are necess>y to increase ! p]sonal net wor? cap conta9$ 9 p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations1 to acc\nt = any inflation t has occurr$ s9ce ! net wor? cap "u su* p>ts 0 increas$ 9 ! rule submitt$ by ! ,dep>tm5t ( ,transportation issu$ on ,janu>y #bh1 #bjaa1 titl$ ,disadvantag$ ,bus9ess ,ent]prise3 ,program ,improvem5ts 7#gf ,f$4 ,reg4 #ejhc74 7b7 ,p>amet]s ,9 c>ry+ out subsection 7a71 ! ,secret>y %all-- 7#a7 use ! consum] price index publi%$ by ! ,bureau ( ,labor ,/ati/ics z ! inflation metric2 & 7#b7 acc\nt = any inflation t occurr$ 9 ! "t p]iod betwe5 ! f9al effective date ( ! rule submitt$ by ! ,dep>tm5t ( ,transportation issu$ on ,janu>y #bh1 #bjaa1 titl$ ,disadvantag$ ,bus9ess ,ent]prise3 ,program ,improvem5ts 7#gf ,f$4 ,reg4 #ejhc7 & ! f9al effective date ( any rule issu$ pursuant to subsection 7a74 7c7 ,additional inflation adju/m5ts ,! ,secret>y ( ,transportation %all issue su* regulations z are necess>y to update p>ts #bc & #bf ( title #di1 ,unit$ ,/ates ,code1 to e/abli% an int]val 9 accordance ) ?is section to make additional adju/m5ts1 aft] ! adju/m5t "u subsection 7a71 to ! net wor? caps = det]m9+ social & economic disadvantage = inflation4 7d7 ,int]val ,! int]val = adju/+ ! net wor? caps describ$ 9 subsection 7c7 %all be ! same annual int]val t ! ,adm9i/rator adju/s ! net wor? caps = ! ,small ,bus9ess ,adm9i/ration "u section #bja7;b74 7e7 ,fir/ additional adju/m5t ,! fir/ additional inflation adju/m5t "u subsection 7c7 %all occur at ! same "t ! ,adm9i/rator c>ries out ! fir/ adju/m5t "u section #bja7;b77#a74 7f7 ,metric ,! ,secret>y %all use ! same inflation metric "u subsection 7c7 t ! ,adm9i/rator *ooses "u section #bja7;b74 #ajb4 ,update to ,dep>tm5t ( ,transportation ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe size /&>ds 7a7 ,highways & transit small bus9ess conc]n def9ition ,section #aaaja7;e77#b77;,a7 ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh7 is am5d$ to read z foll[s3 7,a7 ,small bus9ess conc]n ,! t]m small bus9ess conc]n has ! mean+ giv5 ! t]m 9 section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb74 4 7b7 ,aviation small bus9ess conc]n def9ition ,section #dgaac7;a77#a7 ( title #di1 ,unit$ ,/ates ,code1 is am5d$ to read z foll[s3 7#a7 small bus9ess conc]n has ! mean+ giv5 ! t]m 9 section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb72 4 7c7 ,rulemak+ ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all issue or am5d su* rules z are necess>y to c>ry out ! am5dm5t made by ?is section4 #ajc4 ,dep>tm5t ( ,transportation annual gross receipts timel9e 7a7 ,,fhwa & ,,fta gross receipts timel9e ,section #aaaja7;e77#b77;,a77ii7 ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh7 is am5d$ by /rik+ dur+ ! proce$+ #c fiscal ye>s & ins]t+ dur+ ! proce$+ #g fiscal ye>s4 7b7 ,,faa gross receipts timel9e ,! ,secret>y ( ,transportation %all issue su* regulations z are necess>y to update ! gross receipts timel9e conta9$ 9 "p #bc4cc ( title #di1 ,code ( ,f$]al ,regulations1 f #c ye>s to #g ye>s = ! purposes ( a firm be+ c]tifi$ z an ,,acdbe4 7c7 ,effective date ,! am5dm5t 9 subsection 7a7 %all be treat$ z if su* am5d$ 0 includ$ on ! date ( enactm5t ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh74 7d7 ,rulemak+ ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all issue su* regulations z are necess>y to c>ry out ! am5dm5t made by ?is section4 #ajd4 ,def9ition ( assets "u ,dep>tm5t ( ,transportation p]sonal net wor? te/ ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ,transportation %all issue su* regulations z are necess>y to update ! assets exclud$ 9 ! p]sonal net wor? te/ conta9$ 9 p>ts #bc4c & #bf4fg ( title #di1 ,code ( ,f$]al ,regulations1 to mat* ! assets exclud$ 9 ! computation ( net wor? "u ,section #h7;a77#f77;,e7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcg7;a77#f77;,e771 z am5d$ by section #bjd ( ?is ,act4 #aje4 ,additional fund+ = ,dep>tm5t ( ,transportation m9ority res\rce c5t] 7a7 ,improvem5ts to m9ority res\rce c5t] ,section #ccb ( title #di1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 9 subsection 7b7-- 7,a7 9 p>agraph 7#f7 by /rik+ & at ! end2 7,b7 by r$esignat+ p>agraph 7#g7 z p>agraph 7#h72 & 7,c7 by ins]t+ aft] p>agraph 7#f7 ! foll[+3 7#g7 e/abli% a goal ( hav+ a small bus9ess transportation res\rce c5t] 9 e ,/ate2 & 2 & 7#b7 9 subsection 7e77#b7 by /rik+ su* sums z may be necess>y = fiscal ye>s #bjje ?r\gh #bjji & ins]t+ #be1jjj1jjj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg4 7b7 ,use ( fund+ ,! ,secret>y %all use any additional fund+ appropriat$ "u section #ccb ( title #di1 ,unit$ ,/ates ,code1 to-- 7#a7 e/abli% additional small bus9ess transportation res\rce c5t]s ) ! goal ( hav+ #a 9 ea* ,/ate2 & 7#b7 provide additional fund+ to exi/+ small bus9ess transportation res\rce c5t]s to augm5t ! activities ( ! c5t] s ! c5t] c rea* m disadvantag$ bus9esses4 #ajf4 ,improvem5ts to ,dep>tm5t ( ,transportation ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe m5tor-protg programs 7a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all issue su* regulations z are necess>y to update p>ts #bc & #bf4ce ( title #di1 ,code ( ,f$]al ,regulations 7or a successor regulation7 to require cov]$ l>ge recipi5ts ) ,disadvantag$ ,bus9ess ,ent]prise programs or ,,acdbe programs to h a m5tor-protg program4 7b7 ,quality control /&>ds ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all issue or update regulations reg>d+ m9imum quality /&>ds or c]ta9 items t %all be includ$ 9 m5tor-protg programs 9 ord] = su* programs to qualify "u subsection 7a71 includ+-- 7#a7 ensur+ t any m5tor-protg program results 9 ! increase or success ( a protg 9-- 7,a7 capital base1 includ+-- 7i7 work+ capital2 7ii7 depreciat$ value ( equipm5t own$ or leas$2 7iii7 payroll2 7iv7 ov]head2 7v7 mat]ial exp5s$2 7vi7 ov]head exp5s$2 7vii7 net pr(it2 & 7viii7 available cr$it2 7,b7 bond+ limits1 by job & 9 ! aggregate2 7,c7 value ( curr5t & future "w2 7,d7 success 9 gett+ pr(itable "w outside any gov]nm5t or o!r procurem5t program = small1 m9ority1 wom51 or disadvantag$ bus9ess ent]prises2 7,e7 ret5tion ( reliable & productive employees2 7,f7 cu/om] loyalty result+ 9 repeat bus9ess2 & 7,g7 any o!r area det]m9$ by ! ,secret>y2 & 7#b7 ensur+ t any m5tor%ip-protg program demon/rates ov]all success 9-- 7,a7 high] ?an av]age survival rate = protgs2 7,b7 cont9u\s improvem5t 9 ! f9ancial /r5g? & bond+ capacity ( protgs2 7,c7 consi/5t success 9 meet+ ! objectives includ$ 9 ea* protg's individual bus9ess plan2 7,d7 a high rate ( successful transition out ( ! program2 & 7,e7 any o!r area det]m9$ by ! ,secret>y4 7c7 ,audit+ 7#a7 ,9 g5]al ,! ,secret>y %all p]iodically audit ! m5tor-protg programs ( recipi5ts to ensure su* programs are meet+ ! quality control /&>ds set "u subsection 7c74 7#b7 ,use ( in=mation ,! f9d+s ( ! audits "u p>agraph 7#a7 %all in=m any updates to ! quality control /&>ds t ! ,secret>y issues "u ?is section4 7d7 ,compliance ,9 c>ry+ out ?is section1 ! ,secret>y %all issue su* regulations z are necess>y to update p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations1 to make cle> t a ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program ( a cov]$ l>ge recipi5t is n 9 compliance ) ?is section unless su* recipi5t's ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program has ! requir$ m5tor-protg program & su* program complies ) all requirem5ts or regulations e/abli%$ by ! conc]n$ op]at+ adm9i/ration or ,secret>y1 includ+ any quality control /&>ds e/abli%$ "u subsection 7c74 7e7 ,au?orization ( appropriations ,!re is au?oriz$ to c>ry out ?is section #aj1jjj1jjj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg1 ( :i*-- 7#a7 #c1jjj1jjj = ea* fiscal ye> %all be = ! ,secret>y to c>ry out ! quality control1 audit+1 & compliance activities requir$ "u ?is section2 & 7#b7 #g1jjj1jjj = ea* fiscal ye> %all be = ! ,secret>y to assi/ recipi5ts ) sett+ up1 improv+1 & c>ry+ out m5tor-protg programs4 7f7 ,cov]$ l>ge recipi5ts def9$ ,9 ?is section1 ! t]m cov]$ l>ge recipi5ts means-- 7#a7 a ,/ate dep>tm5t ( ,transportation2 7#b7 l>ge public transportation & regional transportation ag5cies1 z def9$ by ! ,secret>y2 7#c7 any recipi5t ( airport funds au?oriz$ "u section #dgaja ( title #di1 ,unit$ ,/ates ,code1 t op]ates a l>ge hub airport 7z su* t]m is def9$ 9 section #dgajb7aa7 ( title #di1 ,unit$ ,/ates ,code72 & 7#d7 recipi5ts t are simil> 9 size & purpose to recipi5ts describ$ 9 p>agraphs 7#a7 ?r\gh 7#c71 z det]m9$ by ! ,secret>y4 #ajg4 ,dep>tm5t ( ,transportation ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe c]tification univ]sal recognition 7a7 ,univ]sal c]tification recognition ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all issue su* regulations z are necess>y to update p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations1 7or a successor regulation7 to require ,/ates & recipi5ts to recognize a c]tification issu$ by ano!r ,/ate to a bus9ess recogniz+ su* bus9ess z a ,disadvantag$ ,bus9ess ,ent]prise or an ,,acdbe )\t fur!r proc$ures4 7b7 ,c]tification crit]ia ,9 c]tify+ a bus9ess z a ,disadvantag$ ,bus9ess ,ent]prise or an ,,acdbe1 a ,/ate %all meet any requirem5ts t ! ,secret>y e/abli%es "u section #aaaja7;e77#e7 ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh74 7c7 ,secret>y au?ority ,! ,secret>y %all h ! au?ority to regulate c]ta9 items or issue /&>ds t any recipi5t's ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program %all meet z "p ( univ]sal c]tification recognition "u ?is section1 includ+-- 7#a7 ! transportation contracts t a ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe %all h access to bid on once su* bus9ess obta9s ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe c]tification2 7#b7 any diff]5ces 9 ! way a ,/ate a recipi5t treats a home /ate ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe v]sus an out ( ,/ate ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe2 7#c7 access to a ,/ate or recipi5t's res\rces & in=mation t an out ( ,/ate ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe has access to once su* bus9ess obta9s a ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe c]tification2 & 7#d7 any o!r area ! ,secret>y det]m9es necess>y to ensure ! success ( univ]sal c]tification recognition4 7d7 ,audit+ 7#a7 ,9 g5]al ,! ,secret>y %all p]iodically audit ,/ates & recipi5ts to ensure t su* ,/ates are recogniz+ a c]tification issu$ by ano!r ,/ate to a bus9ess recogniz+ su* bus9ess z a ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe )\t fur!r proc$ures4 7#b7 ,use ( in=mation ,! f9d+s ( ! audits "u p>agraph 7#a7 %all in=m any updates to ! regulations t ! ,secret>y issues "u subsection 7c74 7e7 ,compliance ,9 c>ry+ out ?is section1 ! ,secret>y %all issue su* regulations z are necess>y to update p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations1 to make cle> t a ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program ( a recipi5t is n 9 compliance ) ?is section unless said recipi5t's ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program recognizes a c]tification issu$ by ano!r ,/ate to a bus9ess recogniz+ su* bus9ess z a ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe )\t fur!r proc$ures & meets any /&>ds e/abli%$ by ! ,secret>y "u subsection 7c74 #ajh4 ,inc5tives = excell5ce 9 ,disadvantag$ ,bus9ess ,ent]prise programs & ,,acdbe programs 7a7 ,e/abli%m5t ( excell5ce aw>ds ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all e/abli% an aw>ds program t recognizes recipi5ts t h excell5t ,disadvantag$ ,bus9ess ,ent]prise programs or ,,acdbe programs4 7b7 ,annual aw>ds ,! ,secret>y %all on an annual basis review recipi5ts' ,disadvantag$ ,bus9ess ,ent]prise programs or ,,acdbe programs & recognize c]ta9 recipi5ts t h excell5t ,disadvantag$ ,bus9ess ,ent]prise programs or ,,acdbe programs ?r\gh ! aw>ds program "u subsection 7a74 7c7 ,crit]ia = aw>ds ,9 c>ry+ out ! aw>ds program e/abli%$ "u subsection 7a71 ! ,secret>y %all consid] ! foll[+ crit]ia3 7#a7 ,h[ high ! ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe p>ticipation goal ( ! ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program is4 7#b7 ,! success ( ! recipi5t 9 meet+ & exce$+ p>ticipation goals describ$ 9 p>agraph 7#a74 7#c7 ,h[ mu* successful gr[? a ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe 9 ! program has4 7#d7 ,to :at ext5t & h[ well a ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program welcomes new ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es4 7#e7 ,h[ well a ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program assi/s all socially & economically disadvantag$ individuals 9 ov]com+ b>ri]s to p>ticipation4 7#f7 ,! exi/5ce ( & ! quality ( a m5tor-protg program4 7#g7 ,any o!r crit]ia ! ,secret>y det]m9es is integral to an excell5t ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program4 7d7 ,adju/+ crit]ia ,! ,secret>y may adju/ ! crit]ia "u subsection 7c7 to acc\nt = a recipi5t's size1 type ( bus9ess1 geographic location1 or any o!r *>act]i/ic ! ,secret>y det]m9es necess>y4 7e7 ,discretion>y grant pref]5ce ,! ,secret>y %all provide pref]5ces = discretion>y grant fund+ aw>ds to recipi5ts t are recogniz$ "u subsections 7a7 & 7b74 7f7 ,notice ( fund+ opportunities ,not)/&+ any o!r provision ( law or regulation1 ! ,secret>y %all ensure t any notice ( fund+ opportunity or availability = discretion>y grant fund+ issu$ by ! ,secret>y conta9s ! pref]5ces "u subsection 7e74 7g7 ,tim+ ( requirem5t ,subsection 7f7 %all apply to any notice ( fund+ opportunity or availability issu$ aft] ! date ( enactm5t ( ?is ,act4 7h7 ,additional inc5tives ,9 addition to ! grant pref]5ces "u subsection 7e71 ! ,secret>y may provide additional inc5tives to recipi5ts t are recogniz$ "u subsections 7a7 & 7b74 7i7 ,report+ ,! ,secret>y %all-- 7#a7 make available on ! ,dep>tm5t ( ,transportation's website a li/ ( recipi5ts be+ recogniz$ = excell5t ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe programs "u subsection subsections 7a7 & 7b72 7#b7 include a rationale = :y ! ,secret>y is recogniz+ ! recipi5ts describ$ 9 p>agraph 7#a72 7#c7 provide in=mation reg>d+ ! recipi5ts' ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe programs1 includ+ a l9k to ! recipi5ts' program website2 & 7#d7 annually update ! in=mation requir$ "u ?is subsection4 7j7 ,au?orization ( appropriations ,!re is au?oriz$ to c>ry out ?is section #b1jjj1jjj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg4 #aji4 ,report+ requirem5ts & /&>ds = waiv]s & exemptions 7a7 ,report+ requirem5ts ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all update p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations1 to require ea* conc]n$ op]at+ adm9i/ration or model ag5cy to annually report to ! ,secret>y any waiv] or exemption su* adm9i/ration or ag5cy grants to a recipi5t f any requirem5t "u p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations4 7b7 ,cont5ts ( reports ,! reports "u subsection 7a7 %all conta9 ! foll[+ in=mation3 7#a7 ,! "n ( ! recipi5t grant$ ! waiv] or exemption4 7#b7 ,! "n ( ! conc]n$ op]at+ adm9i/ration or model ag5cy t grant$ ! waiv] or exemption4 7#c7 ,any provision t ! recipi5t receiv$ a waiv] or exemption f4 7#d7 ,! reason ! conc]n$ op]at+ adm9i/ration or model ag5cy grant$ ! waiv]4 7#e7 ,a description ( ! conditions 9 ! recipi5t's jurisdiction t made ! situation appropriate to grant ! recipi5t's program proposal4 7#f7 ,! duration ( ! waiv]4 7#g7 ,! public p>ticipation a recipi5t conduct$ 9 develop+ su* recipi5t's reque/1 includ+ any consultations ) ! ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe communities4 7#h7 ,any o!r in=mation ! ,secret>y det]m9es necess>y4 7c7 ,po/+ on website ,n lat] ?an #ij days aft] ! date on :i* a report is requir$ to be fil$ "u subsection 7a71 ! ,secret>y %all 9 a full-text se>*able1 sortable1 & d[nloadable =mat = access by ! public-- 7#a7 make ! reports submitt$ to ! ,secret>y "u subsection 7a7 available on ! website ( ! ,dep>tm5t ( ,transportation2 7#b7 report ! total numb] ( waiv]s or exemptions t a conc]n$ op]at+ adm9i/ration or model ag5cy grant$ t ye>2 & 7#c7 report ! total numb] ( waiv]s or exemptions t a recipi5t appli$ = or 0 grant$ t ye>4 7d7 ,/&>ds = grant+ waiv]s ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 & e #e ye>s !reaft]1 ! ,secret>y %all issue su* regulations z may be necess>y to update regulations reg>d+ ! /&>ds = grant+ waiv]s or exemptions to a recipi5t f any requirem5t "u p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations1 9 ord] to m9imize ! improp] grant+ ( su* waiv]s or exemptions4 7e7 ,consid]ations ,9 c>ry+ out subsection 7d71 ! ,secret>y %all consid]-- 7#a7 creat+ a uni=m li/ ( reasons = grant+ waiv]s or exemptions2 7#b7 creat+ a uni=m li/ ( conditions 9 jurisdictions t are appropriate = grant+ waiv]s or exemptions2 7#c7 limit+ ! numb] ( waiv]s or exemptions a recipi5t c receive2 7#d7 requir+ a recipi5t to conduct m public he>+s & consultations ) ! ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe communities be=e a proposal = a waiv] or exemption c be grant$2 & 7#e7 increas+ ! level ( /&>d = :i* a recipi5t's proposal mu/ meet be=e conc]n$ op]at+ adm9i/ration or model ag5cy w grant a waiv] or exemption to a recipi5t4 7f7 ,audit+ 7#a7 ,9 g5]al ,! ,secret>y %all p]iodically audit conc]n$ op]at+ adm9i/rations or model ag5cies to ensure t su* adm9i/rations or ag5cies are m9imiz+ ! improp] grant+ ( waiv]s or exemptions to a recipi5t f any requirem5t "u p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations4 7#b7 ,use ( in=mation ,! f9d+s ( ! audits "u p>agraph 7#a7 %all in=m any updates to ! regulations t ! ,secret>y issues or updates "u subsection 7d74 7g7 ,au?orization ( appropriations ,!re is au?oriz$ to c>ry out ?is section #c1jjj1jjj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg4 #aaj4 ,advisory committee on disadvantag$ bus9ess ent]prises & ,a,c,d,b,es 7a7 ,disadvantag$ bus9ess ent]prise & ,,acdbe advisory committee 7#a7 ,e/abli%m5t ,n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y %all e/abli% a ,disadvantag$ ,bus9ess ,ent]prise & ,,acdbe ,advisory ,committee 79 ?is section ref]r$ to z ! ,committee74 7#b7 ,duties ,! duties ( ! ,committee %all be to provide a =um = /akehold]s to discuss & make policy recomm5dations to ,congress ) respect to advanc+ ! success ( ,disadvantage ,bus9ess ,ent]prises & ,a,c,d,b,es 9 ! transportation1 infra/ructure1 con/ruction1 & build+ indu/ries4 7#c7 ,memb]%ip 7,a7 ,vot+ memb]s ,! ,committee %all be compos$ ( ! foll[+ vot+ memb]s3 7i7 ,! ,secret>y or ! ,secret>y's designee4 7ii7 ,! ,adm9i/rator or ! ,adm9i/rator's designee4 7iii7 ,a repres5tative ( ,/ate gov]nm5ts4 7iv7 ,a repres5tative ( local gov]nm5ts4 7v7 ,a repres5tative ( c\nty gov]nm5ts4 7vi7 ,a repres5tative ( ,/ate ,dep>tm5ts ( ,transportation4 7vii7 ,a repres5tative ( transit ag5cies4 7viii7 ,a repres5tative ( airports4 7ix7 ,a repres5tative f ! ,conf]5ce ( ,m9ority ,transportation ,(ficials4 7x7 ,two individuals :o h exp]i5ce advocat+ = ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es4 7xi7 ,two or m repres5tatives f ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es own$ by p]sons ( color4 7xii7 ,two or m repres5tatives f ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es own$ by wom54 7,b7 ,appo9t+ au?ority ,! ,secret>y %all appo9t all memb]s ( ! ,committee1 except = ! ,adm9i/rator1 :o %all h a self-execut+ appo9tm5t4 7,c7 ,appo9tm5t replacem5t ,! ,secret>y %all promptly appo9t a replacem5t = any memb] ^: t]m has expir$ or :o has resign$ f ! ,committee4 7,d7 ,t]m l5g? 7i7 ,9 g5]al ,ea* memb]1 except = ! ,secret>y or ! ,adm9i/rator1 %all s]ve = an initial t]m ( #d ye>s on ! ,committee4 7ii7 ,reappo9tm5t ,a memb] ^: t]m has expir$ may be reappo9t$ to ! ,committee = subsequ5t t]ms4 7,e7 ,s]vice cont9uation ,a memb] ^: t]m has expir$ may cont9ue to s]ve until ! ,secret>y has appo9t$ a replacem5t memb]4 7,f7 ,non-vot+ memb]s ,! ,secret>y may all[ additional int]e/$ /akehold]s to att5d & p>ticipate 9 ! activities ( ! ,committee z non-vot+ memb]s4 7#d7 ,meet+s ,! ,committee %all meet n less frequ5tly ?an-- 7,a7 #d times p] ye> until ! report "u p>agraph 7#e7 is submitt$2 & 7,b7 #b times p] ye> aft] su* report is submitt$4 7#e7 ,report 7,a7 ,9 g5]al ,n lat] ?an #b ye>s aft] ! e/abli%m5t ( ! ,committee1 ! ,committee %all submit to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate1 ! ,committee on ,environm5t & ,public ,works ( ! ,s5ate1 ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate1 ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate1 ! ,committee on ,transportation & ,infra/ructure ( ! ,h\se ( ,repres5tatives1 & ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives a report t conta9s recomm5dations1 support$ by at lea/ a majority ( all vot+ memb]s4 ,su* report %all include recomm5dations reg>d+-- 7i7 policy or regulatory *anges to help increase ! success ( ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es 9 ! transportation con/ruction & build+ indu/ries2 7ii7 policy or regulatory *anges to help increase ! numb] ( prime contractors t are ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es2 7iii7 policy or regulatory *anges to address ! p5alization t occurs :5 bus9esses own$ by wom5 or p]sons ( color become too l>ge to qualify z ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es2 7iv7 policy or regulatory *anges to address ! /ructural & legacy b>ri]s fac$ by wom5 & p]sons ( color 9 attempt+ to ent] or succe$ 9 ! transportation1 con/ruction1 & build+ indu/ries2 7v7 policy or regulatory *anges to increase ! access ( ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es to f9ancial capital & o!r necess>y ancill>y s]vices to succe$2 & 7vi7 ways to make exi/+ ,f$]al te*nical assi/ance programs su* z small bus9ess transportation res\rce c5t]s1 small bus9ess developm5t c5t]s1 m9ority bus9ess developm5t c5t]s1 & procurem5t te*nical assi/ance c5t]s "w bett] & rea* m ,disadvantag$ ,bus9ess ,ent]prises & ,a,c,d,b,es4 7,b7 ,diss5t+ views ,! report 9 subp>agraph 7,a7 %all include a section all[+ any diss5t+ views & ! diss5t's rationale f ! majority's recomm5dations4 7#f7 ,additional reports ,aft] ! submission ( ! report "u p>agraph 7#e71 ! ,committee %all1 f "t to "t at an appropriate "t det]m9$ by ! ,committee1 submit to ! ,secret>y & ,congress subsequ5t reports t are consi/5t ) ! duties ( ! ,committee describ$ 9 p>agraph 7#b74 7#g7 ,comp5sation ,memb]s ( ! ,committee %all s]ve )\t comp5sation1 b may be all[$ travel exp5ses1 includ+ p] diem 9 lieu ( subsi/5ce1 9 accordance ) sub*apt] ,i ( *apt] #g ( title #e1 ,unit$ ,/ates ,code4 7#h7 ,support ,! ,secret>y %all use ! res\rces ( ! ,dep>tm5t ( ,transportation & ! ,(fice ( ! ,secret>y to provide support to ! ,committee4 7b7 ,t]m9ation ,! ,committee %all t]m9ate on ! date t is #e ye>s aft] ! date on :i* ! ,committee is e/abli%$ "u subsection 7a74 7c7 ,regulations ,! ,secret>y %all h ! au?ority to issue or modify any regulations necess>y to c>ry out subsection 7a74 7d7 ,con=m+ am5dm5t ,sections #ajjeja1 #ajjejb1 & #ajjejc ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh7 are repeal$4 ,,ii ,small ,bus9ess ,adm9i/ration #bja4 ,update to small bus9ess conc]n disadvantag$ bus9ess net wor? caps 7a7 ,9 g5]al ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,adm9i/rator %all update "p #abd ( title #ac1 ,code ( ,f$]al ,regulations1 ) respect to ! maximum net wor? ( an individual claim+ economic disadvantage to be equal to ! net wor? cap e/abli%$ by ! ,secret>y ( ,transportation "u section #aja4 7b7 ,adju/m5t 7#a7 ,int]val ,on ! fir/ ,janu>y #a t is #b ye>s aft] ! date ! ,adm9i/rator makes ! update describ$ 9 subsection 7a71 & annually !reaft]1 ! ,adm9i/rator %all adju/ ! maximum net wor? describ$ 9 subsection 7a7 = inflation us+ a metric develop$ by ! ,adm9i/rator4 7#b7 ,metric ,9 develop+ ! metric describ$ 9 p>agraph 7#a7 to acc\nt = inflation1 ! ,adm9i/rator %all-- 7,a7 consid] us+ ! ,consum] ,price ,index publi%$ by ! ,bureau ( ,labor ,/ati/ics 9 su* metric2 7,b7 solicit & consid] ! recomm5dations ( ! ,secret>y ( ,transportation2 & 7,c7 solicit & consid] public comm5t on ! appropriate metric to use & :e!r su* metric %\ld take into acc\nt regional v>iations 9 maximum net wor?4 7#c7 ,f9al rule on inflation metric ,n lat] ?an #a ye> aft] ! ,adm9i/rator solicits public comm5t pursuant to p>agraph 7#b71 ! ,adm9i/rator %all issue a f9al rule describ+ ! metric develop$ "u ?is p>agraph4 7c7 ,report on net wor? v>iation 7#a7 ,9 g5]al ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator %all submit to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate & ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives a report exam9+ ! feasibility (1 & ! b5efits & drawbacks ( adju/+ ! maximum net wor? "u subsection 7a7 = regional v>iations 9 maximum net wor?4 7#b7 ,report requirem5ts ,! report requir$ "u p>agraph 7#a7 %all conta9-- 7,a7 an analysis ( ! feasibility ( measur+ regional v>iations 9 maximum net wor?2 7,b7 an exam9ation ( possible me?ods to measure regional v>iations 9 maximum net wor?2 7,c7 an exam9ation ( ! ef=ts ( o!r ,f$]al ag5cies to develop metrics on a regional basis & :e!r su* ef=ts c\ld be applicable measur+ regional v>iations 9 maximum net wor?2 7,d7 ! b5efits & co/s ( measur+ regional v>iations 9 maximum net wor?2 & 7,e7 a recomm5dation on :e!r or n ! ,small ,bus9ess ,adm9i/ration %\ld measure regional v>iations 9 maximum net wor?4 7#c7 ,consultation ,9 prep>+ ! report requir$ "u ?is p>agraph1 ! ,adm9i/rator %all consult ) int]e/$ p]sons1 includ+-- 7,a7 own]s ( socially & economically disadvantag$ small bus9ess conc]ns 7z def9$ 9 section #h7;a77#d77;,a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcg7;a77#d77;,a7772 7,b7 own]s ( conc]n t w\ld t w\ld qualify z a socially & economically disadvantag$ small bus9ess conc]n b = ! maximum net wor? e/abli%$ 9 "p #abd ( title #ac1 ,code ( ,f$]al ,regulations1 z 9 effect on ! date ( ! enactm5t ( ?is ,act2 7,c7 o!r ,f$]al ag5cies2 7,d7 ,/ate or local *amb]s ( comm]ce or equival5t organizations2 & 7,e7 gr\ps repres5t+ or advocat+ = own]s ( socially & economically disadvantag$ small bus9ess conc]ns4 #bjb4 ,update to c]ta9 size /&>ds "u ! ,small ,bus9ess ,act 7a7 ,c]ta9 size /&>ds review ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator %all conduct a detail$ review ( ! size /&>ds = small bus9ess conc]ns e/abli%$ "u section #c7;a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb7;a77 & "p #aba ( title #ac1 ,code ( ,f$]al ,regulation 7or a successor regulation71 includ+ a review ( ! ! size /&>ds me?odology conta9$ 9 ,small ,bus9ess ,size ,/&>ds3 ,revis$ ,size ,/&>ds ,me?odology 7#hd ,f$4 ,reg4 #adehg 7,april #aa1 #bjai771 = conc]ns assign$ a ,nor? ,am]ican ,indu/ry ,classification ,sy/em code beg9n+ ) #bc or #dh & make ! appropriate adju/m5ts to ! size /&>ds = su* conc]ns4 7b7 ,consultation ,9 c>ry+ out ! review describ$ 9 subsection 7a71 ! ,adm9i/rator %all consult ) int]e/$ p]sons1 includ+-- 7#a7 own]s ( socially & economically disadvantag$ small bus9ess conc]ns 7z def9$ 9 section #h7;a77#d77;,a7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcg7;a77#d77;,a777 assign$ a ,nor? ,am]ican ,indu/ry ,classification ,sy/em code beg9n+ ) #bc or #dh2 7#b7 own]s ( conc]ns 9 ! indu/ries assign$ a ,nor? ,am]ican ,indu/ry ,classification ,sy/em code beg9n+ ) #bc or #dh t w\ld qualify z a socially & economically disadvantag$ small bus9ess conc]n b = ! size /&>ds e/abli%$ 9 "p #aba ( title #ac1 ,code ( ,f$]al ,regulations1 z 9 effect on ! date ( ! enactm5t ( ?is ,act2 7#c7 ! ,secret>y ( ,transportation2 7#d7 gr\ps repres5t+ or advocat+ = own]s ( socially & economically disadvantag$ small bus9ess conc]ns 9 ! indu/ries cov]$ by subsection 7a72 7#e7 gr\ps repres5t+ con/ruction bus9esses & transportation & w>eh\s+ bus9esses2 & 7#f7 ,/ate or local *amb]s ( comm]ce or equival5t organizations4 7c7 ,requirem5ts ,9 mak+ an adju/m5t describ$ 9 subsection 7a71 ! ,adm9i/rator %all-- 7#a7 presume t m>ket conditions h *ang$ z a result ( ! increase 9 infra/ructure sp5d+ 9 ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh72 & 7#b7 ensure t ! size /&>ds describ$ 9 subsection 7a7 are increas$ by an am\nt equal to at lea/ #aej p]c5t ( su* size /&>ds t are 9 effect on ! date ( ! enactm5t ( ?is ,act1 unless ! ,adm9i/rator det]m9es t su* action w\ld jeop>dize ,f$]al assi/ance provid$ to own]s ( socially & economically disadvantag$ small bus9ess conc]ns4 7d7 ,report ,n lat] ?an #cj days aft] ! date on :i* ! ,adm9i/rator makes an adju/m5t "u subsection 7a71 ! ,adm9i/rator %all submit to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate & ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives1 make publicly available1 a report on ! review1 includ+-- 7#a7 in=mation on ! factors evaluat$ = ea* review conduct$ "u subsection 7a72 7#b7 a description ( any adju/m5t made to ea* size /&>d t 0 review$ pursuant to subsection 7a71 includ+ any revisions made to size /&>d me?odology pursuant to subsection 7a71 & ! rationale = t adju/m5t2 & 7#c7 if ! ,adm9i/rator makes a det]m9ation to n increase a size /&>d by an am\nt equal to at lea/ #aej p]c5t ( su* size /&>ds t are 9 effect on ! date ( ! enactm5t ( ?is ,act 7z describ$ 9 subsection 7c77#b771 an explanation ( ! rationale = su* det]m9ation4 #bjc4 ,annual gross receipts timel9e "u ! ,small ,bus9ess ,act 7a7 ,gross receipts timel9e ,section #c7;a77#b77;,c77ii77,,ii7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb7;a77#b77;,c77ii77,,ii77 is am5d$ by /rik+ #e ye>s & ins]t+ #g ye>s4 7b7 ,rulemak+ ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator %all issue or am5d su* rules z are necess>y to c>ry out ! am5dm5t made by subsection 7a74 #bjd4 ,def9ition ( assets "u ! ,small ,bus9ess ,act 7a7 ,def9ition ( assets ,section #h7;a77#f77;,e7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcg7;a77#f77;,e77 is am5d$-- 7#a7 9 clause 7i71 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 & 7#b7 by add+ ! foll[+ new clauses3 7iii7 retirem5t sav+s acc\nts ( disadvantag$ own]s2 7iv7 inve/m5ts 9 real e/ate o!r ?an prim>y p]sonal resid5ces ( disadvantag$ own]s2 & 7v7 equity 9 bus9esses t are n c]tifi$ "u ?is subsection ( disadvantag$ own]s4 4 7b7 ,rulemak+ ,n lat] ?an #a ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator %all issue or am5d su* rules z are necess>y to c>ry out ! am5dm5ts made by subsection 7a74 #bje4 ,small bus9ess developm5t c5t] p>tn]%ips ) ! ,dep>tm5t ( ,transportation 7a7 ,e/abli%m5t ( p>tn]%ip ,section #ba7;c77#c7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7;c77#c77 is am5d$-- 7#a7 9 subp>agraph 7,t71 by /rik+ & at ! end2 7#b7 9 clause 7v7 ( ! fir/ subp>agraph 7,u7 7relat+ to succession plann+71 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 7#c7 9 second subp>agraph 7,u7 7relat+ to tra9+ on dome/ic & int]national intellectual prop]ty protections7-- 7,a7 9 clause 7ii77,,ii71 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 & 7,b7 by r$esignat+ su* subp>agraph z subp>agraph 7,v72 & 7#d7 by add+ at ! end ! foll[+ new subp>agraph3 7,w7 pursuant to a coop]ative agreem5t ent]$ into "u section #bje ( ! ,giv+ ,disadvantag$ ,bus9esses ,opportunities = ,success ,act1 provid+ assi/ance to ,disadvantag$ ,bus9ess ,ent]prises 7z su* t]m is def9$ 9 "p #bf4e ( title #di1 ,code ( ,f$]al ,regulations71 ,airport ,concession ,disadvantag$ ,bus9ess ,ent]prises 7z su* t]m is def9$ 9 "p #bc4c ( su* title #di71 & small bus9ess conc]ns 9 />t+ or exp&+ bus9esses 9 ,f$]ally assi/$ surface transportation m>kets & obta9+ ! necess>y capital1 f9ancial1 & bus9ess exp]tise op]ate su* bus9ess4 4 7b7 ,coop]ative agreem5t ,n lat] ?an "o ye> aft] ! date ( ! enactm5t ( ?is ,act1 ! ,secret>y & ! ,adm9i/rator %all ent] into a coop]ative agreem5t to all[ ,disadvantag$ ,bus9ess ,ent]prises & ,a,c,d,b,es to h access to small bus9ess developm5t c5t]s 9 ! ,/ate 9 :i* a ,disadvantag$ ,bus9ess ,ent]prise or ,,acdbe1 respectively1 has its pr9cipal place ( bus9ess4 7c7 ,t]ms ( agreem5t ,! ,secret>y & ,adm9i/rator %all det]m9e ! t]ms & conditions ( ! coop]ative agreem5t requir$ by subsection 7a71 :i* %all include ! foll[+3 7#a7 ,! ways 9 :i* small bus9ess developm5t c5t]s & small bus9ess transportation res\rce c5t]s ( ! ,dep>tm5t ( ,transportation w =mally p>tn] to c>ry out ! coop]ative agreem5t4 7#b7 ,a process by :i* ! ,secret>y may provide assi/ance & exp]tise1 includ+ res\rces controll$ by ! ,secret>y & small bus9ess transportation res\rce c5t]s1 to small bus9ess developm5t c5t]s to c>ry out ! agreem5t4 7#c7 ,access = ,disadvantag$ ,bus9ess ,ent]prises to ! foll[+ assi/ance f small bus9ess developm5t c5t]s3 7,a7 ,e/imat+4 7,b7 ,bond+ & insurance4 7,c7 ,ca% fl[ managem5t4 7,d7 ,project managem5t4 7,e7 ,assi/ance ) pre-qualification applications to be eligible to bid on contracts4 7,f7 ,po/ contract aw>d managem5t4 7,g7 ,any o!r area det]m9$ necess>y by ! ,adm9i/rator & ,secret>y4 7#d7 ,me?ods to enc\rage collaboration betwe5 small bus9ess developm5t c5t]s & nonpr(it organizations ) relevant transportation con/ruction or ,disadvantag$ ,bus9ess ,ent]prises exp]tise4 7d7 ,,dbe & ,,acdbe programs ,! ,secret>y %all require ea* recipi5t ) a ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program c]tifi$ by ! ,secret>y "u section #aaaja7;e77#e77;,a7 ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh7 or "p #bc ( title #di1 ,code ( ,f$]al ,regulations1 to-- 7#a7 educate ,disadvantag$ ,bus9ess ,ent]prises or ,a,c,d,b,es ab\t available assi/ance f small bus9ess developm5t c5t]s2 & 7#b7 ^u reque/ by ! ,adm9i/rator or a small bus9ess developm5t c5t]1 provide assi/ance & exp]tise to small bus9ess developm5t c5t]s locat$ 9 ! same ,/ate z ! recipi5t4 7e7 ,/atus updates ,! ,secret>y & ,adm9i/rator %all provide updates to ! ,committee on ,transportation & ,infra/ructure & ! ,committee on ,small ,bus9ess ( ! ,h\se ( ,repres5tatives & ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation & ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ( ! ,s5ate on ! /atus ( ! coop]ative agreem5t requir$ "u subsection 7b7 e #f mon?s beg9n+ on ! date ( ! enactm5t ( ?is ,act & end+ on ! date on :i* su* agreem5t is f9aliz$4 7f7 ,compliance ,9 c>ry+ out ! requirem5ts "u ?is section1 ! ,secret>y %all issue su* regulations z are necess>y to update p>ts #bc & #bf ( title #di1 ,code ( ,f$]al ,regulations1 to cl>ify t a ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program is n 9 compliance ) ?is section unless ! ,disadvantag$ ,bus9ess ,ent]prise program or ,,acdbe program ( su* recipi5t has compli$ ) ! requirem5ts 9 subsection 7d74 7g7 ,au?orization ( appropriations ,!re is au?oriz$ to be appropriat$1 = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg1 to c>ry out ! activities "u ! coop]ative agreem5t requir$ "u subsection 7b7-- 7#a7 #e1jjj1jjj to ! ,secret>y2 & 7#b7 #e1jjj1jjj to ! ,adm9i/rator4 #bjf4 ,small bus9ess developm5t c5t] p>tn]%ips ) nonpr(its 7a7 ,nonpr(it eligibility ,section #ba7;a77#c7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fdh7;a77#c77 is am5d$-- 7#a7 9 subp>agraph 7,c71 by ins]t+ 7includ+ nonpr(it organizations7 aft] private p>tn]%ips2 & 7#b7 by add+ at ! end ! foll[+ new subp>agraphs3 7,d7 ,ea* small bus9ess developm5t c5t] %all develop & implem5t a process "u :i* a nonpr(it organization may apply at lea/ once e #b ye>s to p>tn] ) su* small bus9ess developm5t c5t] to provide s]vices1 exp]tise1 or res\rces to enhance & exp& ! s]vices ( su* small bus9ess developm5t c5t]4 7,e7 ,a small bus9ess developm5t c5t] may make a subgrant or subaw>d ( any ,f$]al funds aw>d$ to su* small bus9ess developm5t c5t] to a p>tn] nonpr(it organization 7z describ$ 9 subp>agraph 7,d77 to c>ry out activities ( ! small bus9ess developm5t c5t]4 4 7b7 ,rulemak+ ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act1 ! ,adm9i/rator %all issue or am5d su* rules z are necess>y to c>ry out ! am5dm5ts made by subsection 7a74