2009 US Code
Title 15 - COMMERCE AND TRADE
CHAPTER 14A - AID TO SMALL BUSINESS
Sec. 639a - Review of loan program; submission of estimated needs for additional authorization

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Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 14A - AID TO SMALL BUSINESS
Sec. 639a - Review of loan program; submission of estimated needs for additional authorization
Containssection 639a
Date2009
Laws in Effect as of DateFebruary 1, 2010
Positive LawNo
Dispositionstandard
Source CreditPub. L. 87-550, §1(b), July 25, 1962, 76 Stat. 221.
Statutes at Large Reference76 Stat. 221
Public Law ReferencePublic Law 87-550


§639a. Review of loan program; submission of estimated needs for additional authorization

It is the sense of the Congress that the regular business loan program of the Small Business Administration should be reviewed by the Congress at least once every two years. It is further the sense of the Congress that the Small Business Administration should submit its estimated needs for additional authorization for such program to the Congress at least one year in advance of the date on which such authorization is to be provided, in order to assure an orderly and recurring review of such program and to avoid emergency appeals for additional authorization. Compliance by the Small Business Administration with the foregoing policy will enable the Congress on and after July 25, 1962, to provide additional authorization for such program on a two-year basis.

(Pub. L. 87–550, §1(b), July 25, 1962, 76 Stat. 221.)

Codification

Section was not enacted as part of the Small Business Act which comprises this chapter.

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