2010 US Code
Title 50 - WAR AND NATIONAL DEFENSE
TITLE 50 - APPENDIX-WAR AND NATIONAL DEFENSE
DEFENSE PRODUCTION ACT OF 1950
Sec. 2078 - Modernization of small business suppliers
View MetadataPublication Title | United States Code, 2006 Edition, Supplement 4, Title 50 - WAR AND NATIONAL DEFENSE |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 50 - WAR AND NATIONAL DEFENSE TITLE 50 - APPENDIX-WAR AND NATIONAL DEFENSE DEFENSE PRODUCTION ACT OF 1950 ACT SEPT. 8, 1950, CH. 932, 64 STAT. 798 TITLE I - PRIORITIES AND ALLOCATIONS Sec. 2078 - Modernization of small business suppliers |
Contains | section 2078 |
Date | 2010 |
Laws in Effect as of Date | January 7, 2011 |
Positive Law | No |
Disposition | standard |
Source Credit | Sept. 8, 1950, ch. 932, title I, §108, as added Pub. L. 102-558, title I, §111, Oct. 28, 1992, 106 Stat. 4202. |
Statutes at Large References | 64 Stat. 798 106 Stat. 4202 |
Public Law References | Public Law 102-558 |
§2078. Modernization of small business suppliers (a) In general
In providing any assistance under this Act [sections 2061 to 2170, 2171, and 2172 of this Appendix], the President shall accord a strong preference for small business concerns which are subcontractors or suppliers, and, to the maximum extent practicable, to such small business concerns located in areas of high unemployment or areas that have demonstrated a continuing pattern of economic decline, as identified by the Secretary of Labor.
(b) Modernization of equipment (1) In generalFunds authorized under title III [sections 2091 to 2094 of this Appendix] may be used to guarantee the purchase or lease of advance manufacturing equipment, and any related services with respect to any such equipment for purposes of this Act [sections 2061 to 2170, 2171, and 2172 of this Appendix].
(2) Small business suppliersIn considering proposals for title III [sections 2091 to 2094 of this Appendix] projects under paragraph (1), the President shall provide a strong preference for proposals submitted by a small business supplier or subcontractor whose proposal—
(A) has the support of the department or agency which will provide the guarantee;
(B) reflects that the small business concern has made arrangements to obtain qualified outside assistance to support the effective utilization of the advanced manufacturing equipment being proposed for installation; and
(C) meets the requirements of section 301, 302, or 303 [section 2091, 2092, or 2093 of this Appendix].
(Sept. 8, 1950, ch. 932, title I, §108, as added Pub. L. 102–558, title I, §111, Oct. 28, 1992, 106 Stat. 4202.)
Effective DateSection deemed to have become effective Mar. 1, 1992, see section 304 of Pub. L. 102–558, set out as an Effective Date of 1992 Amendment note under section 2062 of this Appendix.
Termination DateTermination of section, see section 2166(a) of this Appendix.
Delegation of FunctionsFunctions of the President under act Sept. 8, 1950 [section 2061 et seq. of this Appendix], relating to the production, conservation, use, control, distribution, and allocation of energy, delegated to the Secretary of Energy, see section 4 of Ex. Ord. No. 11790, eff. June 25, 1974, 39 F.R. 23185, set out as a note under section 761 of Title 15, Commerce and Trade.
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