Title 15 — Commerce and TradeRelease 119-73
§639b Oversight
Title 15 › Chapter CHAPTER 14A— - AID TO SMALL BUSINESS › § 639b
Summary
Starting December 27, 2020, the Administrator must answer Comptroller General data or information requests within 15 days unless more time is allowed. If unable, they must notify Congress's Small Business committees before the deadline and explain in detail. Within 120 days of December 27, 2020, and at least twice yearly until December 27, 2022, the Administrator and Treasury Secretary must testify to those committees on how the law is implemented.
Full Legal Text
Title 15, §639b
Commerce and Trade — Source: USLM XML via OLRC
(a)(1)Except as provided in paragraph (2), on and after December 27, 2020, the Administrator shall comply with any data or information requests or inquiries made by the Comptroller General of the United States not later than 15 days (or such later date as the Comptroller General may specify) after receiving the request or inquiry.
(2)If the Administrator is unable to comply with a request or inquiry described in paragraph (1) before the applicable date described in that paragraph, the Administrator shall, before such applicable date, submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a notification that includes a detailed justification for the inability of the Administrator to comply with the request or inquiry.
(b)Not later than the date that is 120 days after December 27, 2020, and not less than twice each year thereafter until the date that is 2 years after December 27, 2020, the Administrator and the Secretary of the Treasury shall testify before the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives regarding implementation of this Act and the amendments made by this Act.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
This Act, referred to in subsec. (b), probably means title III of div. N of Pub. L. 116–260, Dec. 27, 2020, 134 Stat. 1993, known as the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. For complete classification of title III to the Code, see
Short Title
of 2020 Amendment note set out under section 9001 of this title and Tables. Codification Section was enacted as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and not as part of the Small Business Act which comprises this chapter.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective on Dec. 27, 2020, and applicable to loans and grants made on or after Dec. 27, 2020, see section 348 of Pub. L. 116–260, set out as an
Effective Date
of 2020 Amendment note under section 636 of this title. Definition of “Administrator” “Administrator” means the Administrator of the Small Business Administration, see section 302 of Pub. L. 116–260, set out as a note under section 9001 of this title.
Reference
Citations & Metadata
Citation
15 U.S.C. § 639b
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73