,,ii #aag? ,,congress #a/ ,session ,s4 #bjfh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,june #ae1 #bjba,mr4 ,c>d9 7= himself1 ,mr4 ,scott ( ,s\? ,c>ol9a1 ,ms4 ,cantwell1 & ,mr4 ,wick]7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ,a ,,bill ,to require ! ,m9ority ,bus9ess ,developm5t ,ag5cy ( ! ,dep>tm5t ( ,comm]ce to promote & adm9i/] programs 9 ! public & private sectors to assi/ ! developm5t ( m9ority bus9ess ent]prises1 to ensure t su* ,ag5cy has ! necess>y support+ res\rces1 p>ticul>ly dur+ economic d[nturns1 & = o!r purposes4 #a4 ,%ort title2 table ( cont5ts 7a7 ,%ort title ,?is ,act may be cit$ z ! ,m9ority ,bus9ess ,developm5t ,act ( #bjba4 7b7 ,table ( cont5ts ,! table ( cont5ts = ?is ,act is z foll[s3 ,sec4 #a4 ,%ort title2 table ( cont5ts4,sec4 #b4 ,f9d+s & purposes4,sec4 #c4 ,def9itions4,sec4 #d4 ,m9ority ,bus9ess ,developm5t ,ag5cy4,,title ,i--,exi/+ initiatives,subtitle ,a--,m>ket developm5t1 rese>*1 & information,sec4 #aja4 ,private sector developm5t4,sec4 #ajb4 ,public sector developm5t4,sec4 #ajc4 ,rese>* & in=mation4,subtitle ,b--,m9ority ,bus9ess ,developm5t ,ag5cy ,bus9ess ,c5t] ,program,sec4 #aaa4 ,def9ition4,sec4 #aab4 ,purpose4,sec4 #aac4 ,e/abli%m5t4,sec4 #aad4 ,grants & coop]ative agreem5ts4,sec4 #aae4 ,m9imiz+ disruptions to exi/+ ,,mbda ,bus9ess ,c5t] program4,sec4 #aaf4 ,publicity4,,title ,,ii--,new initiatives to promote economic resili5cy = m9ority businesses,sec4 #bja4 ,annual div]se bus9ess =um on capital =mation4,sec4 #bjb4 ,ag5cy /udy on alt]native f9anc+ solutions4,sec4 #bjc4 ,educational developm5t relat+ to managem5t & entrepr5eur%ip4,,title ,,iii--,rural m9ority bus9ess c5t] program,sec4 #cja4 ,def9itions4,sec4 #cjb4 ,bus9ess c5t]s4,sec4 #cjc4 ,report to ,congress4,sec4 #cjd4 ,/udy & report4,,title ,,iv--,m9ority bus9ess developm5t grants,sec4 #dja4 ,grants to nonpr(it organizations t support m9ority bus9ess ent]prises4,,title ,v--,m9ority bus9ess ent]prises advisory council,sec4 #eja4 ,purpose4,sec4 #ejb4 ,composition & t]m4,sec4 #ejc4 ,duties4,,title ,,vi--,f$]al coord9ation ( m9ority bus9ess programs,sec4 #fja4 ,g5]al duties4,sec4 #fjb4 ,p>ticipation ( ,f$]al dep>tm5ts & ag5cies4,,title ,,vii--,adm9i/rative p[]s ( ! ,ag5cy2 miscellane\s provisions,sec4 #gja4 ,adm9i/rative p[]s4,sec4 #gjb4 ,f$]al assi/ance4,sec4 #gjc4 ,recordkeep+4,sec4 #gjd4 ,review & report by ,comptroll] ,g5]al4,sec4 #gje4 ,biannual reports2 recomm5dations4,sec4 #gjf4 ,sep>ability4,sec4 #gjg4 ,executive ,ord] #aafbe4,sec4 #gjh4 ,am5dm5t to ! ,f$]al ,acquisition ,/reaml9+ ,act ( #aiid4,sec4 #gji4 ,au?orization ( appropriations4 #b4 ,f9d+s & purposes 7a7 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,dur+ times ( economic d[nturn or recession1 communities ( color1 & bus9esses )9 ^? communities1 are g5]ally m adv]sely affect$4 7#b7 ,despite ! gr[? 9 ! numb] ( m9ority bus9ess ent]prises1 gaps rema9 ) respect to key metrics = ^? ent]prises1 su* z access to capital1 rev5ue1 numb] ( employees1 & survival rate4 ,specifically-- 7,a7 accord+ to ! #bjba ,small ,bus9ess ,cr$it ,survey ( ! ,f$]al ,res]ve ,banks1 ,black-own$ & ,lat9o-own$ employ] bus9esses are m ?an #b & #a4e times m likely to be d5i$ loans1 respectively1 ?an ,:ite-own$ employ] bus9esses2 7,b7 accord+ to ! ,bureau ( ! ,c5sus1 ! av]age non-m9ority bus9ess ent]prise reports rev5ue t is m ?an #c times high] ?an rev5ue report$ by ! av]age m9ority bus9ess ent]prise2 & 7,c7 accord+ to ! ,kauffman ,f\ndation-- 7i7 m9ority bus9ess ent]prises are #a_/b z likely to employ individuals1 z comp>$ ) non-m9ority bus9ess ent]prises2 & 7ii7 if m9orities />t$ & own$ bus9esses at ! same rate z non-m9orities1 ! economy ( ! ,unit$ ,/ates w\ld h m ?an #a1jjj1jjj additional employ] bus9esses & m ?an #i1ejj1jjj additional jobs4 7#c7 ,because ( ! conditions describ$ 9 p>agraph 7#b71 x is 9 ! int]e/ ( ! ,unit$ ,/ates & ! economy ( ! ,unit$ ,/ates to exp$iti\sly ameliorate ! disp>ities t m9ority bus9ess ent]prises exp]i5ce4 7#d7 ,_m individuals :o own m9ority bus9ess ent]prises are socially disadvantag$ because ^? individuals id5tify z memb]s ( c]ta9 gr\ps t h suff]$ ! effects ( discrim9atory practices or simil> circum/ances ov] :i* ^? individuals h no control1 includ+ individuals :o are-- 7,a7 ,black or ,african ,am]ican2 7,b7 ,hispanic or ,lat9o2 7,c7 ,am]ican ,indian or ,alaska ,native2 7,d7 ,asian2 & 7,e7 ,native ,hawaiian or o!r ,pacific ,isl&]4 7#e7 ,discrim9atory practices & simil> circum/ances describ$ 9 p>agraph 7#d7 are a significant det]m9ant ( ov]all economic disadvantage 9 ! ,unit$ ,/ates4 7#f7 ,x is 9 ! int]e/ ( ,congress to address ! p]si/5t racial weal? gap 9 ! ,unit$ ,/ates & to support entrepr5eur%ip z a pa?way to weal? developm5t4 7#g7 ,:ile o!r ,f$]al ag5cies focus only on small bus9esses & bus9esses t repres5t a broad] demographic ?an solely m9ority bus9ess ent]prises1 ! ,ag5cy focuses exclusively on-- 7,a7 ! unique ne$s ( m9ority bus9ess ent]prises2 & 7,b7 enhanc+ ! capacity ( m9ority bus9ess ent]prises4 7b7 ,purposes ,! purposes ( ?is ,act are to-- 7#a7 require ! ,ag5cy to promote & adm9i/] programs 9 ! public & private sectors to assi/ ! developm5t ( m9ority bus9ess ent]prises2 & 7#b7 a*ieve ! developm5t describ$ 9 p>agraph 7#a7 by au?oriz+ ! ,"u ,secret>y to c>ry out programs t w result 9 increas$ access to capital1 managem5t1 & te*nology = m9ority bus9ess ent]prises4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,ag5cy ,! t]m ,ag5cy means ! ,m9ority ,bus9ess ,developm5t ,ag5cy ( ! ,dep>tm5t ( ,comm]ce4 7#b7 ,community-bas$ organization ,! t]m community-bas$ organization has ! mean+ giv5 ! t]m 9 section #haja ( ! ,elem5t>y & ,second>y ,education ,act ( #aife 7#bj ,u4,s4,c4 #ghja74 7#c7 ,eligible entity ,except z o!rwise expressly provid$1 ! t]m eligible entity-- 7,a7 means-- 7i7 a private sector entity2 7ii7 a public sector entity2 or 7iii7 a ,tribal gov]nm5t2 & 7,b7 includes an in/itution ( high] education4 7#d7 ,f$]al ag5cy ,! t]m ,f$]al ag5cy has ! mean+ giv5 ! t]m ag5cy 9 section #eea ( title #e1 ,unit$ ,/ates ,code4 7#e7 ,f$]ally recogniz$ area ( economic di/ress ,! t]m f$]ally recogniz$ area ( economic di/ress means-- 7,a7 a ,h,u,b,zone1 z t t]m is def9$ 9 section #ca7;b7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #feg;a7b772 7,b7 an area t-- 7i7 has be5 designat$ z-- 7,i7 an emp[]m5t zone "u section #acia ( ! ,int]nal ,rev5ue ,code ( #aihf2 or 7,,ii7 a ,promise ,zone by ! ,secret>y ( ,h\s+ & ,urban ,developm5t2 or 7ii7 is a l[ or mod]ate income area1 z det]m9$ by ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t2 7,c7 a qualifi$ opportunity zone1 z t t]m is def9$ 9 section #adjj,z-#a ( ! ,int]nal ,rev5ue ,code ( #aihf2 or 7,d7 any o!r political subdivision or un9corporat$ area ( a ,/ate det]m9$ by ! ,"u ,secret>y to be an area ( economic di/ress4 7#f7 ,indian ,tribe ,! t]m ,indian ,tribe-- 7,a7 has ! mean+ giv5 ! t]m 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd72 & 7,b7 includes a ,native ,hawaiian organization4 7#g7 ,in/itution ( high] education ,! t]m in/itution ( high] education has ! mean+ giv5 ! t]m 9 section #aja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja74 7#h7 ,,mbda ,bus9ess ,c5t] ,! t]m ,,mbda ,bus9ess ,c5t] means any bus9ess c5t] t-- 7,a7 is e/abli%$ by ! ,ag5cy2 & 7,b7 provides te*nical bus9ess assi/ance to m9ority bus9ess ent]prises consi/5t ) ! requirem5ts ( ?is ,act4 7#i7 ,,mbda ,bus9ess ,c5t] agreem5t ,! t]m ,,mbda ,bus9ess ,c5t] agreem5t means a legal in/rum5t-- 7,a7 reflect+ a relation%ip betwe5 ! ,ag5cy & ! recipi5t ( a ,f$]al assi/ance aw>d t is ! subject ( ! in/rum5t2 & 7,b7 t e/abli%es ! t]ms by :i* ! recipi5t describ$ 9 subp>agraph 7,a7 %all op]ate an ,,mbda ,bus9ess ,c5t]4 7#aj7 ,m9ority bus9ess ent]prise 7,a7 ,9 g5]al ,! t]m m9ority bus9ess ent]prise means a bus9ess ent]prise-- 7i7 t is n less ?an #ea p]c5t-own$ by #a or m socially or economically disadvantag$ individuals2 & 7ii7 ! managem5t & daily bus9ess op]ations ( :i* are controll$ by #a or m socially or economically disadvantag$ individuals4 7,b7 ,rule ( con/ruction ,no?+ 9 subp>agraph 7,a7 may be con/ru$ to exclude a bus9ess ent]prise f qualify+ z a m9ority bus9ess ent]prise "u t subp>agraph because (-- 7i7 ! /atus ( ! bus9ess ent]prise z a =-pr(it or n-=-pr(it ent]prise2 or 7ii7 ! annual rev5ue ( ! bus9ess ent]prise4 7#aa7 ,private sector entity ,! t]m private sector entity-- 7,a7 means an entity t is n a public sector entity2 & 7,b7 does n include-- 7i7 ! ,f$]al ,gov]nm5t2 7ii7 any ,f$]al ag5cy2 or 7iii7 any in/rum5tality ( ! ,f$]al ,gov]nm5t4 7#ab7 ,public sector entity ,! t]m public sector entity means-- 7,a7 a ,/ate2 7,b7 an ag5cy ( a ,/ate2 7,c7 a political subdivision ( a ,/ate2 or 7,d7 an ag5cy ( a political subdivision ( a ,/ate4 7#ac7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,comm]ce4 7#ad7 ,socially or economically disadvantag$ bus9ess conc]n ,! t]m socially or economically disadvantag$ bus9ess conc]n means a =-pr(it bus9ess ent]prise-- 7,a7 7i7 t is n less ?an #ea p]c5t own$ by #a or m socially or economically disadvantag$ individuals2 or 7ii7 t is socially or economically disadvantag$2 or 7,b7 ! managem5t & daily bus9ess op]ations ( :i* are controll$ by #a or m socially or economically disadvantag$ individuals4 7#ae7 ,socially or economically disadvantag$ individual 7,a7 ,9 g5]al ,! t]m socially or economically disadvantag$ individual means an individual :o has be5 subject$ to racial or e?nic prejudice or cultural bias 7or ! ability ( :om to compete 9 ! free ent]prise sy/em has be5 impair$ due to dim9i%$ capital & cr$it opportunities1 z comp>$ to o!rs 9 ! same l9e ( bus9ess & competitive m>ket area7 because ( ! id5tity ( ! individual z a memb] ( a gr\p1 )\t reg>d to any individual quality ( ! individual t is unrelat$ to t id5tity4 7,b7 ,presumption ,9 c>ry+ out ?is ,act1 ! ,"u ,secret>y %all presume t ! t]m socially or economically disadvantag$ individual includes any individual :o is-- 7i7 ,black or ,african ,am]ican2 7ii7 ,hispanic or ,lat9o2 7iii7 ,am]ican ,indian or ,alaska ,native2 7iv7 ,asian2 7v7 ,native ,hawaiian or o!r ,pacific ,isl&]2 or 7vi7 a memb] ( a gr\p t ! ,ag5cy det]m9es "u "p #adjj ( title #ae1 ,code ( ,f$]al ,regulations1 z 9 effect on ,novemb] #bc1 #aihd1 is a socially disadvantag$ gr\p eligible to receive assi/ance4 7#af7 ,specialty c5t] ,! t]m specialty c5t] means an ,,mbda ,bus9ess ,c5t] t provides specialty s]vices focus+ on specific bus9ess ne$s1 includ+ assi/ance relat+ to-- 7,a7 capital access2 7,b7 ,f$]al procurem5t2 7,c7 entrepr5eur%ip2 7,d7 te*nology transf]2 or 7,e7 any o!r area det]m9$ necess>y or appropriate bas$ on ! priorities ( ! ,ag5cy4 7#ag7 ,/ate ,! t]m ,/ate means-- 7,a7 ea* ( ! ,/ates ( ! ,unit$ ,/ates2 7,b7 ! ,di/rict ( ,columbia2 7,c7 ! ,commonweal? ( ,pu]to ,rico2 7,d7 ! ,unit$ ,/ates ,virg9 ,isl&s2 7,e7 ,guam2 7,f7 ,am]ican ,samoa2 7,g7 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s2 & 7,h7 ea* ,indian ,tribe4 7#ah7 ,"u ,secret>y ,! t]m ,"u ,secret>y means ! ,"u ,secret>y ( ,comm]ce = ,m9ority ,bus9ess ,developm5t1 :o is appo9t$ z describ$ 9 section #d7;b7 to adm9i/] ?is ,act4 #d4 ,m9ority ,bus9ess ,developm5t ,ag5cy 7a7 ,9 g5]al ,!re is )9 ! ,dep>tm5t ( ,comm]ce ! ,m9ority ,bus9ess ,developm5t ,ag5cy4 7b7 ,"u ,secret>y 7#a7 ,appo9tm5t & duties ,! ,ag5cy %all be head$ by ! ,"u ,secret>y ( ,comm]ce = ,m9ority ,bus9ess ,developm5t1 :o %all-- 7,a7 be appo9t$ by ! ,presid5t1 by & ) ! advice & cons5t ( ! ,s5ate2 7,b7 except z o!rwise expressly provid$1 be responsible = ! adm9i/ration ( ?is ,act2 & 7,c7 report directly to ! ,secret>y4 7#b7 ,comp5sation 7,a7 ,9 g5]al ,! ,"u ,secret>y %all be comp5sat$ at an annual rate ( basic pay prescrib$ = level ,,iii ( ! ,executive ,s*$ule "u section #ecad ( title #e1 ,unit$ ,/ates ,code4 7,b7 ,te*nical & con=m+ am5dm5t ,section #ecad ( title #e1 ,unit$ ,/ates ,code1 is am5d$ by /rik+ & ,"u ,secret>y ( ,comm]ce = ,travel & ,t\rism & ins]t+ ,"u ,secret>y ( ,comm]ce = ,travel & ,t\rism1 & ,"u ,secret>y ( ,comm]ce = ,m9ority ,bus9ess ,developm5t4 7c7 ,report to ,congress ,n lat] ?an #abj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all submit to ,congress a report t describes-- 7#a7 ! organizational /ructure ( ! ,ag5cy2 7#b7 ! organizational position ( ! ,ag5cy )9 ! ,dep>tm5t ( ,comm]ce2 & 7#c7 a description ( h[ ! ,ag5cy %all function 9 relation to ! op]ations c>ri$ out by ea* o!r compon5t ( ! ,dep>tm5t ( ,comm]ce4 7d7 ,(fice ( ,bus9ess ,c5t]s 7#a7 ,e/abli%m5t ,!re is e/abli%$ )9 ! ,ag5cy ! ,(fice ( ,bus9ess ,c5t]s4 7#b7 ,director ,! ,(fice ( ,bus9ess ,c5t]s %all be adm9i/]$ by a ,director1 :o %all be appo9t$ by ! ,"u ,secret>y4 7e7 ,(fices ( ! ,ag5cy 7#a7 ,9 g5]al ,9 addition to ! regional (fices t ! ,"u ,secret>y is requir$ to e/abli% "u p>agraph 7#b71 ! ,"u ,secret>y %all e/abli% su* o!r (fices )9 ! ,ag5cy z are necess>y to c>ry out ?is ,act4 7#b7 ,regional (fices 7,a7 ,9 g5]al ,9 ord] to c>ry out ?is ,act1 ! ,"u ,secret>y %all e/abli% a regional (fice ( ! ,ag5cy = ea* ( ! regions ( ! ,unit$ ,/ates1 z det]m9$ by ! ,"u ,secret>y4 7,b7 ,duties ,ea* regional (fice e/abli%$ "u subp>agraph 7,a7 %all exp& ! rea* ( ! ,ag5cy & enable ! ,f$]al ,gov]nm5t to bett] s]ve ! ne$s ( m9ority bus9ess ent]prises 9 ! region s]v$ by ! (fice1 includ+ by-- 7i7 und]/&+ & p>ticipat+ 9 ! bus9ess environm5t ( t region2 7ii7 work+ )-- 7,i7 ,,mbda ,bus9ess ,c5t]s t are locat$ 9 t region2 7,,ii7 res\rce & l5d+ p>tn]s ( o!r appropriate ,f$]al ag5cies t are locat$ 9 t region2 & 7,,iii7 ,f$]al1 ,/ate1 & local procurem5t (fices t are locat$ 9 t region2 7iii7 be+ aw>e ( bus9ess ret5tion or expansion programs t are specific to t region2 7iv7 seek+ out opportunities to collaborate ) regional public & private programs t focus on m9ority bus9ess ent]prises2 & 7v7 promot+ bus9ess cont9uity & prep>$ness4 ,i ,exi/+ initiatives ,a ,m>ket developm5t1 rese>*1 & in=mation #aja4 ,private sector developm5t ,! ,"u ,secret>y %all1 :5ev] ! ,"u ,secret>y det]m9es su* action is necess>y or appropriate-- 7#a7 provide ,f$]al assi/ance to m9ority bus9ess ent]prises op]at+ 9 dome/ic & =eign m>kets by mak+ available to ^? bus9ess ent]prises1 ei!r directly or 9 coop]ation ) private sector entities1 includ+ community-bas$ organizations & national nonpr(it organizations-- 7,a7 res\rces relat+ to managem5t2 7,b7 te*nological & te*nical assi/ance2 7,c7 f9ancial1 legal1 & m>ket+ s]vices2 & 7,d7 s]vices relat+ to work=ce developm5t2 7#b7 enc\rage m9ority bus9ess ent]prises to e/abli% jo9t v5tures & projects-- 7,a7 ) o!r m9ority bus9ess ent]prises2 or 7,b7 9 coop]ation ) public sector entities or private sector entities1 includ+ community-bas$ organizations & national nonpr(it organizations1 to increase ! %>e ( any m>ket activity be+ p]=m$ by m9ority bus9ess ent]prises2 & 7#c7 facilitate ! ef=ts ( private sector entities & ,f$]al ag5cies to advance ! gr[? ( m9ority bus9ess ent]prises4 #ajb4 ,public sector developm5t ,! ,"u ,secret>y %all1 :5ev] ! ,"u ,secret>y det]m9es su* action is necess>y or appropriate-- 7#a7 consult & coop]ate ) public sector entities = ! purpose ( lev]ag+ res\rces available 9 ! jurisdictions ( ^? public sector entities to promote ! position ( m9ority bus9ess ent]prises 9 ! local economies ( ^? public sector entities1 includ+ by assi/+ public sector entities to e/abli% or enhance-- 7,a7 programs to procure goods & s]vices ?r\gh m9ority bus9ess ent]prises & goals = t procurem5t2 7,b7 programs (f]+ assi/ance relat+ to-- 7i7 managem5t2 7ii7 te*nology2 7iii7 law2 7iv7 f9anc+1 includ+ acc\nt+2 7v7 m>ket+2 & 7vi7 work=ce developm5t2 & 7,c7 in=mational programs design$ to in=m m9ority bus9ess ent]prises locat$ 9 ! jurisdictions ( ^? public sector entities ab\t ! availability ( programs describ$ 9 ?is section2 7#b7 meet ) lead]s & (ficials ( public sector entities = ! purpose ( recomm5d+ & promot+ local adm9i/rative & legislative initiatives ne$$ to advance ! position ( m9ority bus9ess ent]prises 9 ! local economies ( ^? public sector entities2 & 7#c7 facilitate ! ef=ts ( public sector entities & ,f$]al ag5cies to advance ! gr[? ( m9ority bus9ess ent]prises4 #ajc4 ,rese>* & in=mation 7a7 ,9 g5]al ,9 ord] to a*ieve ! purposes ( ?is ,act1 ! ,"u ,secret>y-- 7#a7 %all-- 7,a7 collect & analyze data1 includ+ data relat+ to ! causes ( ! success or failure ( m9ority bus9ess ent]prises2 7,b7 conduct rese>*1 /udies1 & surveys (-- 7i7 economic conditions g5]ally 9 ! ,unit$ ,/ates2 & 7ii7 h[ ! conditions describ$ 9 clause 7i7 p>ticul>ly affect ! developm5t ( m9ority bus9ess ent]prises2 & 7,c7 provide outrea*1 educational s]vices1 & te*nical assi/ance 91 at a m9imum1 ! #e mo/ commonly spok5 languages 9 ! ,unit$ ,/ates to ensure t limit$-,engli% pr(ici5t individuals receive culturally & l+ui/ically appropriate access to ! s]vices & in=mation provid$ by ! ,ag5cy2 & 7#b7 may p]=m an evaluation ( programs c>ri$ out by ! ,"u ,secret>y t are design$ to assi/ ! developm5t ( m9ority bus9ess ent]prises4 7b7 ,in=mation cle>+h\se ,! ,"u ,secret>y %all-- 7#a7 e/abli% & ma9ta9 an in=mation cle>+h\se = ! collection & dissem9ation to relevant p>ties 7includ+ bus9ess own]s & rese>*]s7 ( demographic1 economic1 f9ancial1 manag]ial1 & te*nical data relat+ to m9ority bus9ess ent]prises2 & 7#b7 take su* /eps z ! ,"u ,secret>y may det]m9e to be necess>y & desirable to-- 7,a7 se>* =1 collect1 classify1 coord9ate1 integrate1 record1 & catalog ! data describ$ 9 p>agraph 7#a72 & 7,b7 9 a mann] t is consi/5t ) section #eeb;a ( title #e1 ,unit$ ,/ates ,code1 protect ! privacy ( ! m9ority bus9ess ent]prises to :i* ! data describ$ 9 p>agraph 7#a7 relates4 ,b ,m9ority ,bus9ess ,developm5t ,ag5cy ,bus9ess ,c5t] ,program #aaa4 ,def9ition ,9 ?is subtitle1 ! t]m ,,mbda ,bus9ess ,c5t] ,program means ! program e/abli%$ "u section #aac4 #aab4 ,purpose ,! purpose ( ! ,,mbda ,bus9ess ,c5t] ,program %all be to create a national network ( public-private p>tn]%ips t-- 7#a7 assi/ m9ority bus9ess ent]prises to-- 7,a7 access capital1 contracts1 & grants2 & 7,b7 create & ma9ta9 jobs2 7#b7 provide c\nsel+ & m5tor+ to m9ority bus9ess ent]prises2 & 7#c7 facilitate ! gr[? ( m9ority bus9ess ent]prises by promot+ trade4 #aac4 ,e/abli%m5t 7a7 ,9 g5]al ,!re is e/abli%$ 9 ! ,ag5cy a program-- 7#a7 t %all be kn[n z ! ,,mbda ,bus9ess ,c5t] ,program2 7#b7 t %all be sep>ate & di/9ct f ! ef=ts ( ! ,"u ,secret>y "u section #aja2 & 7#c7 "u :i* ! ,"u ,secret>y %all make ,f$]al assi/ance aw>ds to eligible entities to op]ate ,,mbda ,bus9ess ,c5t]s1 :i* %all1 9 accordance ) section #aad1 provide te*nical assi/ance & bus9ess developm5t s]vices1 or specialty s]vices1 to m9ority bus9ess ent]prises4 7b7 ,cov]age ,! ,"u ,secret>y %all take all necess>y actions to ensure t ! ,,mbda ,bus9ess ,c5t] ,program1 9 accordance ) section #aad1 (f]s ! s]vices describ$ 9 subsection 7a77#c7 9 all regions ( ! ,unit$ ,/ates4 #aad4 ,grants & coop]ative agreem5ts 7a7 ,requirem5ts ,an ,,mbda ,bus9ess ,c5t] 7ref]r$ to 9 ?is subtitle z a ,c5t]71 ) respect to ! ,f$]al f9ancial assi/ance aw>d made to op]ate ! ,c5t] "u ! ,,mbda ,bus9ess ,c5t] ,program-- 7#a7 %all-- 7,a7 provide to m9ority bus9ess ent]prises programs & s]vices det]m9$ to be appropriate by ! ,"u ,secret>y1 :i* may include-- 7i7 ref]ral s]vices to meet ! ne$s ( m9ority bus9ess ent]prises2 & 7ii7 programs & s]vices to accompli% ! goals describ$ 9 section #aja7a72 7,b7 develop1 cultivate1 & ma9ta9 a network ( /rategic p>tn]%ips ) organizations t fo/] access by m9ority bus9ess ent]prises to economic m>kets1 capital1 or contracts2 7,c7 cont9ue to upgrade & modify ! s]vices provid$ by ! ,c5t]1 z necess>y1 9 ord] to meet ! *ang+ & evolv+ ne$s ( ! bus9ess community2 7,d7 e/abli% or cont9ue a ref]ral relation%ip ) n less ?an #a community-bas$ organization2 & 7,e7 collaborate ) o!r ,c5t]s2 & 7#b7 9 provid+ programs & s]vices "u ! applicable ,,mbda ,bus9ess ,c5t] agreem5t1 may-- 7,a7 op]ate on a fee-=-s]vice basis2 or 7,b7 g5]ate income ?r\gh ! collection (-- 7i7 cli5t fees2 7ii7 memb]%ip fees2 & 7iii7 any o!r appropriate fees propos$ by ! ,c5t] 9 ! application submitt$ by ! ,c5t] "u subsection 7e74 7b7 ,t]m ,subject to subsection 7g77#c71 ! t]m ( an ,,mbda ,bus9ess ,c5t] agreem5t %all be n less ?an #c ye>s4 7c7 ,f9ancial assi/ance 7#a7 ,9 g5]al ,! am\nt ( f9ancial assi/ance provid$ by ! ,"u ,secret>y "u an ,,mbda ,bus9ess ,c5t] agreem5t %all be n less ?an #bej1jjj = ! t]m ( ! agreem5t4 7#b7 ,mat*+ requirem5t 7,a7 ,9 g5]al ,a ,c5t] %all mat* n less ?an #a_/c ( ! am\nt ( ! f9ancial assi/ance aw>d$ to ! ,c5t] "u ! t]ms ( ! applicable ,,mbda ,bus9ess ,c5t] agreem5t1 unless ! ,"u ,secret>y det]m9es t a waiv] ( t requirem5t is necess>y aft] a demon/ration by ! ,c5t] ( a sub/antial ne$ = t waiv]4 7,b7 ,=m ( funds ,a ,c5t] may meet ! mat*+ requirem5t "u subp>agraph 7,a7 by us+-- 7i7 ca% or 9-k9d contributions1 )\t reg>d to :e!r ! contribution is made by a ?ird p>ty2 or 7ii7 ,f$]al funds receiv$ f o!r ,f$]al programs4 7#c7 ,use ( f9ancial assi/ance & program income ,a ,c5t] %all use-- 7,a7 all f9ancial assi/ance aw>d$ to ! ,c5t] "u ! applicable ,,mbda ,bus9ess ,c5t] agreem5t to c>ry out subsection 7a72 & 7,b7 all income t ! ,c5t] g5]ates 9 c>ry+ out subsection 7a7-- 7i7 to meet ! mat*+ requirem5t "u p>agraph 7#b7 ( ?is subsection2 & 7ii7 if ! ,c5t] meets ! mat*+ requirem5t "u p>agraph 7#b7 ( ?is subsection1 to c>ry out subsection 7a74 7d7 ,crit]ia = selection ,! ,"u ,secret>y %all-- 7#a7 e/abli% crit]ia t-- 7,a7 ! ,"u ,secret>y %all use 9 det]m9+ :e!r to ent] into an ,,mbda ,bus9ess ,c5t] agreem5t ) an eligible entity2 & 7,b7 may include crit]ia relat+ to :e!r an eligible entity is locat$ 9-- 7i7 an area1 ! population ( :i* is compos$ ( n less ?an #ea p]c5t socially or economically disadvantag$ individuals1 z det]m9$ 9 accordance ) data collect$ by ! ,bureau ( ! ,c5sus2 7ii7 a f$]ally recogniz$ area ( economic di/ress2 or 7iii7 a ,/ate t is und]s]v$ ) respect to ! ,,mbda ,bus9ess ,c5t] ,program1 z def9$ by ! ,"u ,secret>y2 & 7#b7 make ! crit]ia & /&>ds e/abli%$ "u p>agraph 7#a7 publicly available1 includ+-- 7,a7 on ! website ( ! ,ag5cy2 & 7,b7 9 ea* ,notice ( ,fund+ ,opportunity solicit+ ,,mbda ,bus9ess ,c5t] agreem5ts4 7e7 ,applications ,an eligible entity desir+ to ent] into an ,,mbda ,bus9ess ,c5t] agreem5t %all submit to ! ,"u ,secret>y an application t includes-- 7#a7 a /atem5t (-- 7,a7 h[ ! eligible entity w c>ry out subsection 7a72 & 7,b7 any exp]i5ce or plans ( ! eligible entity ) respect to-- 7i7 assi/+ m9ority bus9ess ent]prises to-- 7,i7 obta9-- 7aa7 l>ge-scale contracts1 grants1 or procurem5ts2 7bb7 f9anc+2 or 7cc7 legal assi/ance2 7,,ii7 access e/abli%$ supply *a9s2 & 7,,iii7 engage 9-- 7aa7 jo9t v5tures1 team+ arrangem5ts1 & m]g]s & acquisitions2 or 7bb7 l>ge-scale transactions 9 global m>kets2 7ii7 support+ m9ority bus9ess ent]prises 9 increas+ ! size ( ! work=ces ( ^? ent]prises1 includ+1 ) respect to a m9ority bus9ess ent]prise t does n h employees1 aid+ ! m9ority bus9ess ent]prise 9 becom+ an ent]prise t has employees2 & 7iii7 advocat+ = m9ority bus9ess ent]prises2 & 7#b7 ! budget & correspond+ budget n>rative t ! eligible entity w use 9 c>ry+ out subsection 7a7 dur+ ! t]m ( ! applicable ,,mbda ,bus9ess ,c5t] agreem5t4 7f7 ,notification ,if ! ,"u ,secret>y grants an application ( an eligible entity submitt$ "u subsection 7e71 ! ,"u ,secret>y %all notify ! eligible entity t ! application has be5 grant$ n lat] ?an #aej days aft] ! la/ day on :i* an application may be submitt$ "u t subsection4 7g7 ,program exam9ation2 accr$itation2 ext5sions 7#a7 ,exam9ation ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 & bi5nially !reaft]1 ! ,"u ,secret>y %all conduct a programmatic f9ancial exam9ation ( ea* ,c5t]4 7#b7 ,accr$itation ,! ,"u ,secret>y may provide f9ancial support1 by contract or o!rwise1 to an association1 n less ?an #ea p]c5t ( ! memb]s ( :i* are ,c5t]s1 to-- 7,a7 pursue matt]s ( common conc]n ) respect to ,c5t]s2 & 7,b7 develop an accr$itation program ) respect to ,c5t]s4 7#c7 ,ext5sions 7,a7 ,9 g5]al ,! ,"u ,secret>y may ext5d ! t]m "u subsection 7b7 ( an ,,mbda ,bus9ess ,c5t] agreem5t to :i* a ,c5t] is a p>ty1 if ! ,c5t] cons5ts to ! ext5sion4 7,b7 ,f9ancial assi/ance ,if ! ,"u ,secret>y ext5ds ! t]m ( an ,,mbda ,bus9ess ,c5t] agreem5t "u p>agraph 7#a71 ! ,"u ,secret>y %all1 9 ! same mann] & am\nt 9 :i* f9ancial assi/ance 0 provid$ dur+ ! initial t]m ( ! agreem5t1 provide f9ancial assi/ance "u ! agreem5t dur+ ! ext5d$ t]m ( ! agreem5t4 7h7 ,,mbda involvem5t ,! ,"u ,secret>y may take actions to ensure t ! ,ag5cy is sub/antially involv$ 9 ! activities ( ,c5t]s 9 c>ry+ out subsection 7a71 includ+ by-- 7#a7 provid+ to ea* ,c5t] tra9+ relat+ to ! ,,mbda ,bus9ess ,c5t] ,program2 7#b7 requir+ t ! op]ator & /aff ( ea* ,c5t]-- 7,a7 att5d-- 7i7 a conf]5ce ) ! ,ag5cy to e/abli% ! s]vices & programs t ! ,c5t] w provide 9 c>ry+ out ! requirem5ts be=e ! date on :i* ! ,c5t] beg9s provid+ ^? s]vices & programs2 & 7ii7 tra9+ provid$ "u p>agraph 7#a72 7,b7 receive necess>y guidance relat+ to c>ry+ out ! requirem5ts "u subsection 7a72 & 7,c7 "w 9 coord9ation & collaboration ) ! ,"u ,secret>y to c>ry out ! ,,mbda ,bus9ess ,c5t] ,program & o!r programs ( ! ,ag5cy2 7#c7 facilitat+ connections betwe5 ,c5t]s &-- 7,a7 ,f$]al ag5cies o!r ?an ! ,ag5cy1 z appropriate2 & 7,b7 o!r in/itutions or entities t use ,f$]al res\rces1 su* z-- 7i7 small bus9ess developm5t c5t]s1 z t t]m is def9$ 9 section #c7t7 ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb7t772 7ii7 wom5's bus9ess c5t]s describ$ 9 section #bi ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fef72 7iii7 eligible entities1 z t t]m is def9$ 9 section #bdaa ( title #aj1 ,unit$ ,/ates ,code1 t provide s]vices "u ! program c>ri$ out "u *apt] #adb ( t title2 & 7iv7 entities p>ticipat+ 9 ! ,holl+s ,manufactur+ ,ext5sion ,p>tn]%ip ,program e/abli%$ "u section #be ( ! ,national ,in/itute ( ,/&>ds & ,te*nology ,act 7#ae ,u4,s4,c4 #bghk72 7#d7 monitor+ projects c>ri$ out by ea* ,c5t]2 & 7#e7 e/abli%+ & en=c+ adm9i/rative & report+ requirem5ts = ea* ,c5t] to c>ry out subsection 7a74 7i7 ,regulations ,! ,"u ,secret>y %all issue & publi% regulations t e/abli% m9imum /&>ds reg>d+ v]ification ( m9ority bus9ess ent]prise /atus = cli5ts ( entities op]at+ "u ! ,,mbda ,bus9ess ,c5t] ,program4 #aae4 ,m9imiz+ disruptions to exi/+ ,,mbda ,bus9ess ,c5t] program ,! ,"u ,secret>y %all ensure t ea* ,f$]al assi/ance aw>d made "u ! ,bus9ess ,c5t]s program ( ! ,ag5cy1 z is 9 effect on ! day be=e ! date ( enactm5t ( ?is ,act1 is c>ri$ out 9 a mann] t1 to ! greate/ ext5t practicable1 prev5ts disruption ( any activity c>ri$ out "u t aw>d4 #aaf4 ,publicity ,9 c>ry+ out ! ,,mbda ,bus9ess ,c5t] ,program1 ! ,"u ,secret>y %all widely publicize ! ,,mbda ,bus9ess ,c5t] ,program1 includ+-- 7#a7 on ! website ( ! ,ag5cy2 7#b7 via social m$ia outlets2 & 7#c7 by %>+ in=mation relat+ to ! ,,mbda ,bus9ess ,c5t] ,program ) community-bas$ organizations1 includ+ int]pretation gr\ps :]e necess>y1 to communicate 9 ! mo/ common languages spok5 by ! gr\ps s]v$ by ^? organizations4 ,,ii ,new initiatives to promote economic resili5cy = m9ority bus9esses #bja4 ,annual div]se bus9ess =um on capital =mation 7a7 ,responsibility ( ,ag5cy ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 & annually !reaft]1 ! ,"u ,secret>y %all conduct a ,gov]nm5t-bus9ess =um to review ! curr5t /atus ( problems & programs relat+ to capital =mation by m9ority bus9ess ent]prises4 7b7 ,p>ticipation 9 =um plann+ ,! ,"u ,secret>y %all invite ! heads ( o!r ,f$]al ag5cies1 su* z ! ,*airman ( ! ,securities & ,ex*ange ,commission1 ! ,secret>y ( ! ,treasury1 & ! ,*airman ( ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em1 organizations repres5t+ ,/ate securities commission]s1 repres5tatives ( lead+ m9ority *amb]s ( comm]ce1 n less ?an #a c]tifi$ own] ( a m9ority bus9ess ent]prise1 bus9ess organizations1 & pr(essional organizations conc]n$ ) capital =mation to p>ticipate 9 ! plann+ ( ea* =um conduct$ "u subsection 7a74 7c7 ,prep>ation ( /atem5ts & reports 7#a7 ,reque/s ,! ,"u ,secret>y may reque/ t any head ( a ,f$]al dep>tm5t1 ag5cy1 or organization1 includ+ ^? describ$ 9 subsection 7b71 or any o!r gr\p or individual1 prep>e a /atem5t or report to be deliv]$ at any =um conduct$ "u subsection 7a74 7#b7 ,coop]ation ,any head ( a ,f$]al dep>tm5t1 ag5cy1 or organization :o receives a reque/ "u p>agraph 7#a7 %all1 to ! greate/ ext5t practicable1 coop]ate ) ! ,"u ,secret>y to fulfill t reque/4 7d7 ,transmittal ( proce$+s & f9d+s ,! ,"u ,secret>y %all-- 7#a7 prep>e a summ>y ( ! proce$+s ( ea* =um conduct$ "u subsection 7a71 :i* %all include ! f9d+s & recomm5dations ( ! =um2 & 7#b7 transmit ! summ>y describ$ 9 p>agraph 7#a7 ) respect to ea* =um conduct$ "u subsection 7a7 to-- 7,a7 ! p>ticipants 9 ! =um2 7,b7 ,congress2 & 7,c7 ! public1 ?r\gh a publicly available website4 7e7 ,review ( f9d+s & recomm5dations2 public /atem5ts 7#a7 ,9 g5]al ,a ,f$]al ag5cy to :i* a f9d+ or recomm5dation describ$ 9 subsection 7d77#a7 relates %all-- 7,a7 review t f9d+ or recomm5dation2 & 7,b7 promptly aft] ! f9d+ or recomm5dation is transmitt$ "u subsection 7d77#b77;,c71 issue a public /atem5t-- 7i7 assess+ ! f9d+ or recomm5dation2 & 7ii7 disclos+ ! action1 if any1 ! ,f$]al ag5cy int5ds to take ) respect to ! f9d+ or recomm5dation4 7#b7 ,jo9t /atem5t p]mitt$ ,if a f9d+ or recomm5dation describ$ 9 subsection 7d77#a7 relates to m ?an #a ,f$]al ag5cy1 ! applicable ,f$]al ag5cies may1 = ! purposes ( ! public /atem5t requir$ "u p>agraph 7#a77;,b71 issue a jo9t /atem5t4 #bjb4 ,ag5cy /udy on alt]native f9anc+ solutions 7a7 ,purpose ,! purpose ( ?is section is to provide in=mation relat+ to alt]native f9anc+ solutions to m9ority bus9ess ent]prises1 z ^? bus9ess ent]prises are m likely to /ruggle 9 access+1 p>ticul>ly at af=dable rates1 traditional s\rces ( capital4 7b7 ,/udy & report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,"u ,secret>y %all-- 7#a7 conduct a /udy on opportunities = provid+ alt]native f9anc+ solutions to m9ority bus9ess ent]prises2 & 7#b7 submit to ,congress1 & publi% on ! website ( ! ,ag5cy1 a report describ+ ! f9d+s ( ! /udy c>ri$ out "u p>agraph 7#a74 #bjc4 ,educational developm5t relat+ to managem5t & entrepr5eur%ip 7a7 ,duties ,! ,"u ,secret>y %all1 :5ev] ! ,"u ,secret>y det]m9es su* action is necess>y or appropriate-- 7#a7 promote ! education & tra9+ ( socially or economically disadvantag$ individuals 9 subjects directly relat+ to bus9ess adm9i/ration & managem5t2 7#b7 enc\rage in/itutions ( high] education1 lead]s 9 bus9ess & indu/ry1 & o!r public sector entities & private sector entities1 p>ticul>ly m9ority bus9ess ent]prises1 to-- 7,a7 develop programs to (f] s*ol>%ips & fell[%ips1 appr5tice%ips1 & int]n%ips relat+ to bus9ess to socially or economically disadvantag$ individuals2 & 7,b7 sponsor sem9>s1 conf]5ces1 & simil> activities relat+ to bus9ess = ! b5efit ( socially or economically disadvantag$ individuals2 7#c7 /imulate & accel]ate curriculum design & improvem5t 9 support ( developm5t ( m9ority bus9ess ent]prises2 & 7#d7 enc\rage & assi/ private in/itutions & organizations & public sector entities to und]take activities simil> to ! activities describ$ 9 p>agraphs 7#a71 7#b71 & 7#c74 7b7 ,p>r5 ,j4 ,mit*ell entrepr5eur%ip education grants 7#a7 ,def9ition ,9 ?is subsection1 ! t]m eligible in/itution means an in/itution ( high] education describ$ 9 any ( p>agraphs 7#a7 ?r\gh 7#g7 ( section #cga7;a7 ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajfgq7a774 7#b7 ,grants ,! ,"u ,secret>y %all aw>d grants to eligible in/itutions to develop & implem5t entrepr5eur%ip curricula4 7#c7 ,requirem5ts ,an eligible in/itution to :i* a grant is aw>d$ "u ?is subsection %all use ! grant funds to-- 7,a7 develop a curriculum t includes tra9+ 9 v>i\s skill sets ne$$ by contempor>y successful entrepr5eurs1 includ+-- 7i7 bus9ess managem5t & m>ket+2 7ii7 f9ancial managem5t & acc\nt+2 7iii7 m>ket analysis2 7iv7 competitive analysis2 7v7 innovation2 7vi7 /rategic & succession plann+2 7vii7 m>ket+2 & 7viii7 any o!r skill set t ! eligible in/itution det]m9es is necess>y = ! /ud5ts s]v$ by ! eligible in/itution & ! community 9 :i* ! eligible in/itution is locat$2 & 7,b7 implem5t ! curriculum develop$ "u subp>agraph 7,a7 at ! eligible in/itution4 7#d7 ,implem5tation timel9e ,! ,"u ,secret>y %all e/abli% & publi% a timel9e "u :i* an eligible in/itution to :i* a grant is aw>d$ "u ?is section %all c>ry out ! requirem5ts "u p>agraph 7#c74 7#e7 ,reports ,ea* ye>1 ! ,"u ,secret>y %all submit to all applicable committees ( ,congress1 & z "p ( ! annual budget submission ( ! ,presid5t "u section #aaje7;a7 ( title #ca1 ,unit$ ,/ates ,code1 a report evaluat+ ! aw>d+ & use ( grants "u ?is subsection dur+ ! fiscal ye> imm$iately prec$+ ! date on :i* ! report is submitt$1 :i* %all include1 ) respect to t fiscal ye>-- 7,a7 a description ( ea* curriculum develop$ & implem5t$ "u ea* grant aw>d$ "u ?is section2 7,b7 ! date on :i* ea* grant aw>d$ "u ?is section 0 aw>d$2 & 7,c7 ! numb] ( eligible entities t 7 recipi5ts ( grants aw>d$ "u ?is section4 ,,iii ,rural m9ority bus9ess c5t] program #cja4 ,def9itions ,9 ?is title3 7#a7 ,appropriate congressional committees ,! t]m appropriate congressional committees means-- 7,a7 ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate2 & 7,b7 ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives4 7#b7 ,eligible entity ,! t]m eligible entity means-- 7,a7 a "p ,b in/itution2 or 7,b7 a consortium ( in/itutions ( high] education t is l$ by a "p ,b in/itution4 7#c7 ,,mbda ,rural ,bus9ess ,c5t] ,! t]m ,,mbda ,rural ,bus9ess ,c5t] means an ,,mbda ,bus9ess ,c5t] t provides te*nical bus9ess assi/ance to m9ority bus9ess ent]prises locat$ 9 rural areas4 7#d7 ,,mbda ,rural ,bus9ess ,c5t] agreem5t ,! t]m ,,mbda ,rural ,bus9ess ,c5t] agreem5t means an ,,mbda ,bus9ess ,c5t] agreem5t t e/abli%es ! t]ms by :i* ! recipi5t ( ! ,f$]al assi/ance aw>d t is ! subject ( ! agreem5t %all op]ate an ,,mbda ,rural ,bus9ess ,c5t]4 7#e7 ,"p ,b in/itution ,! t]m "p ,b in/itution has ! mean+ giv5 ! t]m 9 section #cbb ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajfa74 7#f7 ,rural area ,! t]m rural area has ! mean+ giv5 ! t]m 9 section #cdc7;a7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aiia7;a774 7#g7 ,rural m9ority bus9ess ent]prise ,! t]m rural m9ority bus9ess ent]prise means a m9ority bus9ess ent]prise locat$ 9 a rural area4 #cjb4 ,bus9ess c5t]s 7a7 ,9 g5]al ,! ,"u ,secret>y may e/abli% ,,mbda ,rural ,bus9ess ,c5t]s4 7b7 ,p>tn]%ip 7#a7 ,9 g5]al ,) respect to an ,,mbda ,rural ,bus9ess ,c5t] e/abli%$ by ! ,"u ,secret>y1 ! ,"u ,secret>y %all e/abli% ! ,,mbda ,rural ,bus9ess ,c5t] 9 p>tn]%ip ) an eligible entity 9 accordance ) p>agraph 7#b74 7#b7 ,,mbda agreem5t 7,a7 ,9 g5]al ,) respect to ea* ,,mbda ,rural ,bus9ess ,c5t] e/abli%$ by ! ,"u ,secret>y1 ! ,"u ,secret>y %all ent] into a coop]ative agreem5t ) an eligible entity t provides t-- 7i7 ! eligible entity %all provide space1 facilities1 & /aff+ = ! ,,mbda ,rural ,bus9ess ,c5t]2 7ii7 ! ,"u ,secret>y %all provide fund+ =1 & ov]sight ) respect to1 ! ,,mbda ,rural ,bus9ess ,c5t]2 & 7iii7 subject to subp>agraph 7,b71 ! eligible entity %all mat* #bj p]c5t ( ! am\nt ( ! fund+ provid$ by ! ,"u ,secret>y "u clause 7ii71 :i* may be calculat$ to include ! co/s ( provid+ ! space1 facilities1 & /aff+ "u clause 7i74 7,b7 ,l[] mat* requirem5t ,bas$ on ! available res\rces ( an eligible entity1 ! ,"u ,secret>y may ent] into a coop]ative agreem5t ) ! eligible entity t provides t-- 7i7 ! eligible entity %all mat* less ?an #bj p]c5t ( ! am\nt ( ! fund+ provid$ by ! ,"u ,secret>y "u subp>agraph 7,a77ii72 or 7ii7 if ! ,"u ,secret>y makes a det]m9ation1 ^u a demon/ration by ! eligible entity ( sub/antial ne$1 ! eligible entity %all n be requir$ to provide any mat* ) respect to ! fund+ provid$ by ! ,"u ,secret>y "u subp>agraph 7,a77ii74 7,c7 ,eligible funds ,an eligible entity may provide mat*+ funds requir$ "u an ,,mbda ,rural ,bus9ess ,c5t] agreem5t ) ,f$]al funds receiv$ f o!r ,f$]al programs4 7#c7 ,t]m ,! initial t]m ( an ,,mbda ,rural ,bus9ess ,c5t] agreem5t %all be n less ?an #c ye>s4 7#d7 ,ext5sion ,! ,"u ,secret>y & an eligible entity may agree to ext5d ! t]m ( an ,,mbda ,rural ,bus9ess ,c5t] agreem5t ) respect to an ,,mbda ,rural ,bus9ess ,c5t]4 7c7 ,functions ,an ,,mbda ,rural ,bus9ess ,c5t] %all-- 7#a7 prim>ily s]ve cli5ts t are-- 7,a7 rural m9ority bus9ess ent]prises2 or 7,b7 m9ority bus9ess ent]prises t are locat$ m ?an #ej miles f an ,,mbda ,bus9ess ,c5t] 7o!r ?an t ,,mbda ,rural ,bus9ess ,c5t]72 7#b7 focus on-- 7,a7 issues relat+ to-- 7i7 ! adoption ( broadb& int]net access s]vice 7z def9$ 9 section #h4a7;b7 ( title #dg1 ,code ( ,f$]al ,regulations1 or any successor regulation71 digital lit]acy skills1 & e-comm]ce by rural m9ority bus9ess ent]prises2 7ii7 advanc$ manufactur+2 7iii7 ! promotion ( manufactur+ 9 ! ,unit$ ,/ates2 7iv7 ways 9 :i* rural m9ority bus9ess ent]prises c meet gaps 9 ! supply *a9 ( critical supplies & ess5tial goods & s]vices = ! ,unit$ ,/ates2 7v7 improv+ ! connectivity ( rural m9ority bus9ess ent]prises ?r\gh transportation & logi/ics2 7vi7 promot+ trade & export opportunities by rural m9ority bus9ess ent]prises2 7vii7 secur+ f9ancial capital2 7viii7 facilitat+ entrepr5eur%ip 9 rural areas2 & 7ix7 creat+ jobs 9 rural areas2 & 7,b7 any o!r issue relat+ to ! unique *all5ges fac$ by rural m9ority bus9ess ent]prises2 & 7#c7 provide education1 tra9+1 & legal1 f9ancial1 & te*nical assi/ance to m9ority bus9ess ent]prises4 7d7 ,applications 7#a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 ! ,"u ,secret>y %all issue a ,notice ( ,fund+ ,opportunity reque/+ applications f eligible entities t desire to ent] into ,,mbda ,rural ,bus9ess ,c5t] agreem5ts4 7#b7 ,crit]ia & priority ,9 select+ an eligible entity ) :i* to ent] into an ,,mbda ,rural ,bus9ess ,c5t] agreem5t1 ! ,"u ,secret>y %all-- 7,a7 select an eligible entity t demon/rates-- 7i7 ! ability to collaborate ) gov]nm5tal & private sector entities to lev]age capabilities ( m9ority bus9ess ent]prises ?r\gh public-private p>tn]%ips2 7ii7 ! rese>* & ext5sion capacity to support m9ority bus9ess ent]prises2 7iii7 k ( ! community t ! eligible entity s]ves & ! ability to conduct effective outrea* to t community to advance ! goals ( an ,,mbda ,rural ,bus9ess ,c5t]2 7iv7 ! ability to provide innovative bus9ess solutions1 includ+ access to contract+ opportunities1 m>kets1 & capital2 7v7 ! ability to provide s]vices t advance ! developm5t ( sci5ce1 te*nology1 eng9e]+1 & ma? jobs )9 m9ority bus9ess ent]prises2 7vi7 ! ability to lev]age res\rces f )9 ! eligible entity to advance an ,,mbda ,rural ,bus9ess ,c5t]2 7vii7 t ! mission ( ! eligible entity aligns ) ! mission ( ! ,ag5cy2 7viii7 ! ability to lev]age relation%ips ) rural m9ority bus9ess ent]prises2 & 7ix7 a ref]ral relation%ip ) n less ?an #a community-bas$ organization2 & 7,b7 give priority to an eligible entity locat$ 9 a ,/ate or region t-- 7i7 lacks an ,,mbda ,bus9ess ,c5t]1 z ( ! date ( enactm5t ( ?is ,act2 or 7ii7 has a significant population ( socially or economically disadvantag$ individuals4 #cjc4 ,report to ,congress ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,"u ,secret>y %all submit to ! appropriate congressional committees a report t includes-- 7#a7 a summ>y ( ! ef=ts ( ! ,"u ,secret>y to provide s]vices to m9ority bus9ess ent]prises locat$ 9 ,/ates t lack an ,,mbda ,bus9ess ,c5t]1 z ( ! date ( enactm5t ( ?is ,act1 & especially 9 ^? ,/ates t h significant m9ority populations2 & 7#b7 recomm5dations = ext5d+ ! outrea* ( ! ,ag5cy to und]s]v$ areas4 #cjd4 ,/udy & report 7a7 ,9 g5]al ,! ,"u ,secret>y1 9 coord9ation ) relevant lead]%ip ( ! ,ag5cy & relevant individuals outside ( ! ,dep>tm5t ( ,comm]ce1 %all conduct a /udy t addresses ! ways 9 :i* m9ority bus9ess ent]prises c meet gaps 9 ! supply *a9 ( ! ,unit$ ,/ates1 ) a p>ticul> focus on ! supply *a9 ( advanc$ manufactur+ & ess5tial goods & s]vices4 7b7 ,report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 ! ,"u ,secret>y %all submit to ! appropriate congressional committees a report t includes ! results ( ! /udy conduct$ "u subsection 7a71 :i* %all include recomm5dations reg>d+ ! ways 9 :i* m9ority bus9ess ent]prises c meet gaps 9 ! supply *a9 ( ! ,unit$ ,/ates4 ,,iv ,m9ority bus9ess developm5t grants #dja4 ,grants to nonpr(it organizations t support m9ority bus9ess ent]prises 7a7 ,def9ition ,9 ?is section1 ! t]m cov]$ entity means a private nonpr(it organization t-- 7#a7 is describ$ 9 p>agraph 7#c71 7#d71 7#e71 or 7#f7 ( section #eja7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf & exempt f tax "u section #eja7;a7 ( su* ,code2 & 7#b7 c demon/rate t a prim>y activity ( ! organization is to provide s]vices to m9ority bus9ess ent]prises1 :e!r ?r\gh education1 mak+ grants or loans1 or o!r simil> activities4 7b7 ,purpose ,! purpose ( ?is section is to make grants to cov]$ entities to help ^? cov]$ entities cont9ue ! necess>y "w ( support+ m9ority bus9ess ent]prises4 7c7 ,e/abli%m5t ( (fice ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,"u ,secret>y %all e/abli% )9 ! ,ag5cy an (fice t has adequate /aff+ to make & adm9i/] grants "u ?is section4 7d7 ,application ,a cov]$ entity desir+ a grant "u ?is section %all submit to ! ,"u ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,"u ,secret>y may require4 7e7 ,priority ,! ,"u ,secret>y %all1 9 c>ry+ out ?is section1 prioritize grant+ an application submitt$ by a cov]$ entity t is locat$ 9 a f$]ally recogniz$ area ( economic di/ress4 7f7 ,use ( funds ,a cov]$ entity to :i* a grant is made "u ?is section may use ! grant funds to support ! developm5t1 gr[?1 or ret5tion ( m9ority bus9ess ent]prises4 7g7 ,proc$ures ,! ,"u ,secret>y %all e/abli% proc$ures to-- 7#a7 disc\rage & prev5t wa/e1 fraud1 & abuse by applicants =1 & recipi5ts (1 grants made "u ?is section2 & 7#b7 ensure t grants are made "u ?is section to a div]se array ( cov]$ entities1 includ+-- 7,a7 cov]$ entities ) a national pres5ce2 7,b7 community-bas$ cov]$ entities2 7,c7 cov]$ entities ) annual budgets bel[ #a1jjj1jjj2 & 7,d7 cov]$ entities t pr9cipally s]ve l[-income & rural communities4 7h7 ,inspector ,g5]al audit ,n lat] ?an #ahj days aft] ! date on :i* ! ,"u ,secret>y beg9s mak+ grants "u ?is section1 ! ,inspector ,g5]al ( ! ,dep>tm5t ( ,comm]ce %all-- 7#a7 conduct an audit ( grants made "u ?is section1 :i* %all seek to id5tify any discrepancies or irregul>ities ) respect to ^? grants2 & 7#b7 submit to ,congress a report reg>d+ ! audit conduct$ "u p>agraph 7#a74 7i7 ,updates to ,congress ,n lat] ?an #ij days aft] ! date on :i* ! ,"u ,secret>y e/abli%es ! (fice describ$ 9 subsection 7c71 & once e #cj days !reaft]1 ! ,"u ,secret>y %all submit to ,congress a report t conta9s-- 7#a7 ! numb] ( grants made "u ?is section dur+ ! p]iod cov]$ by ! report2 & 7#b7 ) respect to ! grants describ$ 9 p>agraph 7#a7-- 7,a7 ! geographic di/ribution ( ^? grants by ,/ate & c\nty2 7,b7 if applicable1 demographic in=mation ) respect to ! m9ority bus9ess ent]prises s]v$ by ! cov]$ entities to :i* ! grants 7 made2 & 7,c7 in=mation reg>d+ ! indu/ries ( ! m9ority bus9ess ent]prises s]v$ by ! cov]$ entities to :i* ! grants 7 made4 ,v ,m9ority bus9ess ent]prises advisory c\ncil #eja4 ,purpose ,! ,"u ,secret>y %all e/abli% ! ,m9ority ,bus9ess ,ent]prises ,advisory ,c\ncil 7ref]r$ to 9 ?is title z ! ,c\ncil7 to advise & assi/ ! ,ag5cy4 #ejb4 ,composition & t]m 7a7 ,composition ,! ,c\ncil %all be compos$ ( #i memb]s ( ! private sector & #a repres5tative f ea* ( n few] ?an #aj ,f$]al ag5cies t support or o!rwise h duties t relate to bus9ess =mation1 includ+ duties relat+ to labor developm5t1 monet>y policy1 national security1 en]gy1 agriculture1 transportation1 & h\s+4 7b7 ,*air ,! ,"u ,secret>y %all designate #a ( ! private sector memb]s ( ! ,c\ncil z ! ,*air ( ! ,c\ncil = a #a-ye> t]m4 7c7 ,t]m ,! ,c\ncil %all meet at ! reque/ ( ! ,"u ,secret>y & memb]s %all s]ve = a t]m ( #b ye>s4 ,memb]s ( ! ,c\ncil may be reappo9t$4 #ejc4 ,duties 7a7 ,9 g5]al ,! ,c\ncil %all provide advice to ! ,"u ,secret>y by-- 7#a7 s]v+ z a s\rce ( k & in=mation on developm5ts 9 areas ( ! economic & social life ( ! ,unit$ ,/ates t affect socially or economically disadvantag$ bus9ess conc]ns2 7#b7 provid+ ! ,"u ,secret>y ) in=mation reg>d+ plans1 programs1 & activities 9 ! public & private sectors t relate to socially or economically disadvantag$ bus9ess conc]ns2 & 7#c7 advis+ ! ,"u ,secret>y reg>d+-- 7,a7 any measures to bett] a*ieve ! objectives ( ?is ,act2 & 7,b7 problems & matt]s ! ,"u ,secret>y ref]s to ! ,c\ncil4 7b7 ,capacity ,memb]s ( ! ,c\ncil %all n be comp5sat$ = s]vice on ! ,c\ncil b may be all[$ travel exp5ses1 includ+ p] diem 9 lieu ( subsi/5ce1 9 accordance ) sub*apt] ,i ( *apt] #eg ( title #e1 ,unit$ ,/ates ,code4 7c7 ,t]m9ation ,not)/&+ section #ad ( ! ,f$]al ,advisory ,committee ,act 7#e ,u4,s4,c4 ,app471 ! ,c\ncil %all t]m9ate on ! date t is #e ye>s aft] ! date ( enactm5t ( ?is ,act4 ,,vi ,f$]al coord9ation ( m9ority bus9ess programs #fja4 ,g5]al duties ,! ,"u ,secret>y may coord9ate1 z consi/5t ) law1 ! plans1 programs1 & op]ations ( ! ,f$]al ,gov]nm5t t affect1 or may contribute to1 ! e/abli%m5t1 pres]vation1 & /r5g!n+ ( socially or economically disadvantag$ bus9ess conc]ns4 #fjb4 ,p>ticipation ( ,f$]al dep>tm5ts & ag5cies ,! ,"u ,secret>y %all-- 7#a7 consult ) o!r ,f$]al dep>tm5ts & ag5cies z appropriate to-- 7,a7 develop policies1 compreh5sive plans1 & specific program goals = ! programs c>ri$ out "u subtitle ,b ( title ,i & title ,,iii2 7,b7 e/abli% regul> p]=mance monitor+ & report+ sy/ems to ensure t goals e/abli%$ by ! ,"u ,secret>y ) respect to ! implem5tation ( ?is ,act are be+ a*iev$2 & 7,c7 evaluate ! impact ( ,f$]al support ( socially or economically disadvantag$ bus9ess conc]ns 9 a*iev+ ! objectives ( ?is ,act2 7#b7 conduct a coord9at$ review ( all propos$ ,f$]al tra9+ & te*nical assi/ance activities 9 direct support ( ! programs c>ri$ out "u subtitle ,b ( title ,i & title ,,iii to ensure consi/5cy ) program goals & to avoid duplication2 & 7#c7 conv5e1 = purposes ( coord9ation1 meet+s ( ! heads ( su* dep>tm5ts & ag5cies1 or _! designees1 ! programs & activities ( :i* may affect or contribute to ! c>ry+ out ( ?is ,act4 ,,vii ,adm9i/rative p[]s ( ! ,ag5cy2 miscellane\s provisions #gja4 ,adm9i/rative p[]s 7a7 ,9 g5]al ,9 c>ry+ out ?is ,act1 ! ,"u ,secret>y may-- 7#a7 adopt & use a seal = ! ,ag5cy1 :i* %all be judicially notic$2 7#b7 hold he>+s1 sit & act1 & take te/imony z ! ,"u ,secret>y may det]m9e to be necess>y or appropriate to c>ry out ?is ,act2 7#c7 acquire1 9 any lawful mann]1 any prop]ty t ! ,"u ,secret>y det]m9es to be necess>y or appropriate to c>ry out ?is ,act2 7#d7 ) ! cons5t ( ano!r ,f$]al ag5cy1 ent] into an agreem5t ) t ,f$]al ag5cy to utilize1 ) or )\t reimbursem5t1 any s]vice1 equipm5t1 p]sonnel1 or facility ( t ,f$]al ag5cy2 & 7#e7 coord9ate ) ! heads ( ! ,(fices ( ,small & ,disadvantag$ ,bus9ess ,utilization ( ,f$]al ag5cies4 7b7 ,use ( prop]ty 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 9 c>ry+ out ?is ,act1 ! ,"u ,secret>y may1 )\t co/ 7except = co/s ( c>e & h&l+71 all[ any public sector entity1 or any recipi5t nonpr(it organization1 = ! purpose ( ! developm5t ( m9ority bus9ess ent]prises1 to use any real or tangible p]sonal prop]ty acquir$ by ! ,ag5cy 9 c>ry+ out ?is ,act4 7#b7 ,t]ms1 conditions1 res]vations1 & re/rictions ,! ,"u ,secret>y may impose reasonable t]ms1 conditions1 res]vations1 & re/rictions ^u ! use ( any prop]ty "u p>agraph 7#a74 #gjb4 ,f$]al assi/ance 7a7 ,9 g5]al 7#a7 ,provision ( ,f$]al assi/ance ,to c>ry out sections #aja1 #ajb1 & #ajc7;a71 ! ,"u ,secret>y may provide ,f$]al assi/ance to public sector entities & private sector entities 9 ! =m ( grants or coop]ative agreem5ts4 7#b7 ,notice ,n lat] ?an #abj days aft] ! date on :i* am\nts are appropriat$ to c>ry out ?is section1 ! ,"u ,secret>y %all1 9 accordance ) subsection 7b71 broadly publi% a /atem5t reg>d+ ,f$]al assi/ance t w1 or may1 be provid$ "u p>agraph 7#a7 dur+ ! fiscal ye> = :i* ^? am\nts are appropriat$1 includ+-- 7,a7 ! actual1 or anticipat$1 am\nt ( ,f$]al assi/ance t w1 or may1 be made available2 7,b7 ! types ( ,f$]al assi/ance t w1 or may1 be made available2 7,c7 ! mann] 9 :i* ,f$]al assi/ance w be allocat$ among public sector entities & private sector entities1 z applicable2 & 7,d7 ! me?odology us$ by ! ,"u ,secret>y to make allocations "u subp>agraph 7,c74 7#c7 ,consultation ,! ,"u ,secret>y %all consult ) public sector entities & private sector entities1 z applicable1 9 decid+ ! am\nts & types ( ,f$]al assi/ance to make available "u p>agraph 7#a74 7b7 ,publicity ,9 c>ry+ out ?is section1 ! ,"u ,secret>y %all broadly publicize all opportunities = ,f$]al assi/ance available "u ?is section1 includ+ ?r\gh ! means requir$ "u section #aaf4 #gjc4 ,recordkeep+ 7a7 ,9 g5]al ,ea* recipi5t ( assi/ance "u ?is ,act %all keep su* records z ! ,"u ,secret>y %all prescribe1 includ+ records t fully disclose1 ) respect to ! assi/ance receiv$ by ! recipi5t "u ?is ,act-- 7#a7 ! am\nt & nature ( t assi/ance2 7#b7 ! disposition by ! recipi5t ( ! proce$s ( t assi/ance2 7#c7 ! total co/ ( ! und]tak+ = :i* ! assi/ance is giv5 or us$2 7#d7 ! am\nt & nature ( ! portion ( ! co/ ( ! und]tak+ describ$ 9 p>agraph 7#c7 t is suppli$ by a s\rce o!r ?an ! ,ag5cy2 & 7#e7 any o!r record t w facilitate an effective audit ) respect to ! assi/ance4 7b7 ,access by ,gov]nm5t (ficials ,! ,"u ,secret>y1 ! ,inspector ,g5]al ( ! ,dep>tm5t ( ,comm]ce1 & ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates1 or any duly au?oriz$ repres5tative ( any su* individual1 %all h access1 = ! purpose ( audit1 inve/igation1 & exam9ation1 to any book1 docum5t1 pap]1 record1 or o!r mat]ial ( ! ,ag5cy or an ,,mbda ,bus9ess ,c5t]4 #gjd4 ,review & report by ,comptroll] ,g5]al ,n lat] ?an #d ye>s aft] ! date ( enactm5t ( ?is ,act1 ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates %all-- 7#a7 conduct a ?or\gh review ( ! programs c>ri$ out "u ?is ,act2 & 7#b7 submit to ,congress a detail$ report ( ! f9d+s ( ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates "u ! review c>ri$ out "u p>agraph 7#a71 :i* %all include-- 7,a7 an evaluation ( ! effectiv5ess ( ! programs 9 a*iev+ ! purposes ( ?is ,act2 7,b7 a description ( any failure by any recipi5t ( assi/ance "u ?is ,act to comply ) ! requirem5ts "u ?is ,act2 & 7,c7 recomm5dations = any legislative or adm9i/rative action t %\ld be tak5 to improve ! a*ievem5t ( ! purposes ( ?is ,act4 #gje4 ,biannual reports2 recomm5dations 7a7 ,biannual report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 & #ij days aft] ! la/ day ( ea* odd-numb]$ ye> !reaft]1 ! ,"u ,secret>y %all submit to ,congress1 & publi% on ! website ( ! ,ag5cy1 a report ( ea* activity ( ! ,ag5cy c>ri$ out "u ?is ,act dur+ ! p]iod cov]$ by ! report4 7b7 ,recomm5dations ,! ,"u ,secret>y %all p]iodically submit to ,congress & ! ,presid5t recomm5dations = legislation or o!r actions t ! ,"u ,secret>y det]m9es to be necess>y or appropriate to promote ! purposes ( ?is ,act4 #gjf4 ,sep>ability ,if a provision ( ?is ,act1 or ! application ( a provision ( ?is ,act to any p]son or circum/ance1 is held by a c\rt ( compet5t jurisdiction to be invalid1 t judgm5t-- 7#a7 %all n affect1 impair1 or invalidate-- 7,a7 any o!r provision ( ?is ,act2 or 7,b7 ! application ( ?is ,act to any o!r p]son or circum/ance2 & 7#b7 %all be conf9$ 9 its op]ation to-- 7,a7 ! provision ( ?is ,act ) respect to :i* ! judgm5t is r5d]$2 or 7,b7 ! application ( ! provision ( ?is ,act to ea* p]son or circum/ance directly involv$ 9 ! controv]sy 9 :i* ! judgm5t is r5d]$4 #gjg4 ,executive ,ord] #aafbe ,! p[]s & duties ( ! ,ag5cy %all be det]m9$-- 7#a7 9 accordance ) ?is ,act & ! requirem5ts ( ?is ,act2 & 7#b7 )\t reg>d to ,executive ,ord] #aafbe 7#cf ,f$4 ,reg4 #aiifg2 relat+ to prescrib+ additional arrangem5ts = develop+ & coord9at+ a national program = m9ority bus9ess ent]prise74 #gjh4 ,am5dm5t to ! ,f$]al ,acquisition ,/reaml9+ ,act ( #aiid ,section #gajd7;c7 ( ! ,f$]al ,acquisition ,/reaml9+ ,act ( #aiid 7#ae ,u4,s4,c4 #fdd;a7c77 is am5d$ by /rik+ p>agraph 7#b7 & ins]t+ ! foll[+3 7#b7 ,! ,"u ,secret>y ( ,comm]ce = ,m9ority ,bus9ess ,developm5t4 4 #gji4 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,"u ,secret>y #ajj1jjj1jjj = ea* ( fiscal ye>s #bjba ?r\gh #bjbe to c>ry out ?is ,act1 ( :i*-- 7#a7 a majority %all be us$ 9 ea* su* fiscal ye> to c>ry out ! ,,mbda ,bus9ess ,c5t] ,program "u subtitle ,b ( title ,i1 includ+ ! compon5t ( t program relat+ to specialty c5t]s2 & 7#b7 #aj1jjj1jjj %all be us$ 9 ea* su* fiscal ye> to c>ry out title ,,iii4