Page:United States Statutes at Large Volume 94 Part 1.djvu/898

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PUBLIC LAW 96-000—MMMM. DD, 1980

94 STAT. 848 15 USC 636.

Ante, p. 843.

Repeal. Ante, p. 843. 15 USC 648 note. Small Business Economic Policy Act of 1980.

PUBLIC LAW 96-302—JULY 2, 1980 SEC. 203. Section 7(d)(1) of the Small Business Act is amended to read as follows: "(d)(1) On OP after October 1, 1980, the Administration shall not fund any small business development center or any variation thereof, except as authorized in section 21 of this Act: Provided, That in fiscal year 1980 nothing in this section or in section 21 shall be deemed to affect the operation of any small business development center which was funded by the Administration prior to October 1, 1979: Provided further. That no small business development center which was funded in fiscal year 1979 may be funded in excess of $300,000 in fiscal year 1980.". SEC. 204. Sections 201 and 202 of this title are repealed effective October 1, 1984. TITLE III—SMALL BUSINESS ECONOMIC POLICY SHORT TITLE

15 USC 631 note.

SEC. 301. This title may be cited as the 'Small Business Economic Policy Act of 1980". DECLARATION OF SMALL BUSINESS ECONOMIC POLICY

15 USC 631a.

SEC. 302. (a) For the purpose of preserving and promoting a competitive free enterprise economic system, Congress hereby declares that it is the continuing policy and responsibility of the Federal Government to use all practical means and to take such actions as are necessary, consistent with its needs and obligations and other essential considerations of national policy, to implement and coordinate all Federal department, agency, and instrumentality policies, programs, and activities in order to: foster the economic interests of small businesses; insure a competitive economic climate conducive to the development, growth and expansion of small businesses; establish incentives to assure that adequate capital and other resources at competitive prices are available to small businesses; reduce the concentration of economic resources and expand competition; and provide an opportunity for entrepreneurship, inventiveness, and the creation and growth of small businesses. (b) Congress further declares that the Federal Government is committed to a policy of utilizing all reasonable means, consistent with the overall economic policy goals of the Nation and the preservation of the competitive free enterprise system of the Nation, to establish private sector incentives that will help assure that adequate capital at competitive prices is available to small businesses. To fulfill this policy, departments, agencies, and instrumentalities of the Federal Government shall use all reasonable means to coordinate, create, and sustain policies and programs which promote investment in small businesses, including those investments which expand employment opportunities and which foster the effective and efficient use of human and natural resources in the economy of the Nation. STATE OP SMALL BUSINESS

Report to Congress. 15 USC 631b.

SEC. 303. (a) The President shall transmit to the Congress not later than January 20 of each year a Report on Small Business and Competition which shall—