U.S Code last checked for updates: Nov 22, 2024
All TitlesTitle 15Chapter 120
§ 9502.
Minority Business Development Agency
(a)
In general
(b)
Under Secretary
(1)
Appointment and duties
The Agency shall be headed by the Under Secretary of Commerce for Minority Business Development, who shall—
(A)
be appointed by the President, by and with the advice and consent of the Senate;
(B)
except as otherwise expressly provided, be responsible for the administration of this chapter; and
(C)
report directly to the Secretary.
(2)
Compensation
(A)
In general
(B)
Omitted
(3)
References
(c)
Report to Congress
Not later than 120 days after November 15, 2021, the Secretary shall submit to Congress a report that describes—
(1)
the organizational structure of the Agency;
(2)
the organizational position of the Agency within the Department of Commerce; and
(3)
a description of how the Agency shall function in relation to the operations carried out by each other component of the Department of Commerce.
(d)
Office of Business Centers
(1)
Establishment
(2)
Director
(e)
Offices of the Agency
(1)
In general
(2)
Regional offices
(A)
In general
(B)
Duties
Each regional office established under subparagraph (A) shall expand the reach of the Agency and enable the Federal Government to better serve the needs of minority business enterprises in the region served by the office, including by—
(i)
understanding and participating in the business environment of that region;
(ii)
working with—
(I)
MBDA Business Centers that are located in that region;
(II)
resource and lending partners of other appropriate Federal agencies that are located in that region; and
(III)
Federal, State, and local procurement offices that are located in that region;
(iii)
being aware of business retention or expansion programs that are specific to that region;
(iv)
seeking out opportunities to collaborate with regional public and private programs that focus on minority business enterprises; and
(v)
promoting business continuity and preparedness.
(Pub. L. 117–58, div. K, § 100003, Nov. 15, 2021, 135 Stat. 1448.)
cite as: 15 USC 9502
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