§661 Congressional declaration of policy

This chapter, referred to in text, was in the original “this Act”, meaning Pub. L. 85–699, which enacted this chapter, amended section 77c, 77ddd, 80a–18, 633 and 636 of this title, and section 217 [now 212], 218 [now 213], 221 [now 216], 657, 1006 and 1014 of Title 18, Crimes and Criminal Procedure, repealed section 352a of Title 12, Banks and Banking, and enacted notes set out under this section and section 352a of Title 12. section 212 and 213 of Title 18, as renumbered by Pub. L. 87–849, were subsequently repealed. For complete classification of this Act to the Code, see

note set out below and Tables.

1992—Pub. L. 102–366 inserted at end “It is the intention of the Congress that in the award of financial assistance under this chapter, when practicable, priority be accorded to small business concerns which lease or purchase equipment and supplies which are produced in the United States and that small business concerns receiving such assistance be encouraged to continue to lease or purchase such equipment and supplies.”

of 2018 Amendment Pub. L. 115–371, § 1, Dec. 21, 2018, 132 Stat. 5106, provided that: This Act [amending section 696 of this title] may be cited as the “Small Business Access to Capital and Efficiency Act” or the “Small Business ACE Act”. Pub. L. 115–333, § 1, Dec. 19, 2018, 132 Stat. 4488, provided that: “This Act [amending section 662, 681, and 687 of this title] may be cited as the ‘Spurring Business in Communities Act of 2017’.” Pub. L. 115–187, § 1, June 21, 2018, 132 Stat. 1489, provided that: “This Act [amending section 683 of this title] may be cited as the ‘Small Business Investment Opportunity Act of 2017’.”

of 2004 Amendment Pub. L. 108–232, § 1, May 28, 2004, 118 Stat. 649, provided that:“This Act [amending section 697e of this title] may be cited as the ‘Premier Certified Lenders Program Improvement Act of 2004’.”

of 2001 Amendment Pub. L. 107–100, § 1, Dec. 21, 2001, 115 Stat. 966, provided that: “This Act [amending section 636, 683, 687d, 687e, and 697 of this title, section 1833a of Title 12, Banks and Banking, and section 1014 of Title 18, Crimes and Criminal Procedure, and enacting provisions set out as notes under section 636, 683, and 697 of this title] may be cited as the ‘Small Business Investment Company

Act of 2001’.”

of 2000 Amendment Pub. L. 106–554, § 1(a)(8) [§ 1(a)], Dec. 21, 2000, 114 Stat. 2763, 2763A–653, provided that: “This section [enacting part B of subchapter III of this chapter, amending section 683 of this title, section 109 of Title 11, Bankruptcy, and section 1464 of Title 12, Banks and Banking, and amending provisions set out as a note under section 631 of this title] may be cited as the ‘New Markets Venture Capital Program Act of 2000’.” Pub. L. 106–554, § 1(a)(9) [title III, § 301], Dec. 21, 2000, 114 Stat. 2763, 2763A–684, provided that: “This title [enacting section 697g of this title, amending sections 695 to 697 and 697e of this title, enacting provisions set out as a note under section 697g of this title, and repealing provisions set out as a note under section 697e of this title] may be cited as the ‘Certified Development Company Program Improvements Act of 2000’.” Pub. L. 106–554, § 1(a)(9) [title IV, § 401], Dec. 21, 2000, 114 Stat. 2763, 2763A–690, provided that: “This title [amending section 662, 682, 683, and 687b of this title] may be cited as the ‘Small Business Investment Corrections Act of 2000’.”

of 1999 Amendment Pub. L. 106–9, § 1, Apr. 5, 1999, 113 Stat. 17, provided that: “This Act [amending section 662, 683, 687, and 687m of this title and provisions set out as notes under this section and section 631 of this title] may be cited as the ‘Small Business Investment Improvement Act of 1999’.”

of 1994 Amendment Pub. L. 103–403, title V, § 501, Oct. 22, 1994, 108 Stat. 4198, provided that: “This title [enacting section 697f of this title and provisions set out as a note under section 697f of this title] may be cited as the ‘Small Business Prepayment Penalty Relief Act of 1994’.”

of 1992 Amendment Pub. L. 102–366, title IV, § 401, Sept. 4, 1992, 106 Stat. 1007, provided that: “This Act [probably means “This title”, amending this section and section 662, 682, 683, 685 to 687, 687b, and 687l of this title, enacting provisions set out as notes under this section and section 681 and 687b of this title, and amending provisions set out as a note under section 631 of this title] may be cited as the ‘Small Business Equity Enhancement Act of 1992’.”

of 1988 Amendment Pub. L. 100–590, title II, § 201, Nov. 3, 1988, 102 Stat. 3007, provided that: “This title [amending section 694b and 694c of this title and enacting provisions set out as notes under section 694b of this title] may be cited as the ‘Preferred Surety Bond Guarantee Program Act of 1988’.”

of 1972 Amendment Pub. L. 92–595, § 1, Oct. 27, 1972, 86 Stat. 1314, provided: “That this Act [enacting section 687i and 687j of this title and amending section 80a–18, 633, 636, 662, 681, 683, 684, and 686 of this title] may be cited as the ‘Small Business Investment Act

of 1972’.”

of 1967 Amendment Pub. L. 90–104, title II, § 201, Oct. 11, 1967, 81 Stat. 269, provided that: “This title [amending section 681, 682, 683, 684, 686, 687, 687b, and 692 of this title] may be cited as the ‘Small Business Investment Act

of 1967’.”

of 1966 Amendment Pub. L. 89–779, § 1, Nov. 6, 1966, 80 Stat. 1359, provided: “That this Act [enacting section 687e, 687f, 687g, and 687h of this title and amending section 633, 671, 687, 687a, 687b, and 687c of this title, and section 5315 and 5316 of Title 5, Government Organization and Employees] may be cited as the ‘Small Business Investment Act

of 1966’.”

of 1964 Amendment Pub. L. 88–273, § 1, Feb. 28, 1964, 78 Stat. 146, provided: “That this Act [enacting section 687d and amending section 682, 686, and 687 of this title] may be cited as the ‘Small Business Investment Act

of 1963’.”

of 1961 Amendment Pub. L. 87–341, § 1, Oct. 3, 1961, 75 Stat. 752, provided: “That this Act [enacting section 687a, 687b, and 687c of this title, amending section 633, 662, 681, 683 to 687, and 696 of this title, and enacting provisions set out as notes under section 631 and 686 of this title] may be cited as the ‘Small Business Investment Act

of 1961’.”

of 1960 Amendment Pub. L. 86–502, § 1, June 11, 1960, 74 Stat. 196, provided: “That this Act [amending section 662, 681, 682, and 684 of this title, and section 26–610 of the District of Columbia Code, 1973 edition] may be cited as the ‘Small Business Investment Act

of 1960’.”

Pub. L. 85–699, title I, § 101, Aug. 21, 1958, 72 Stat. 689, as amended by Pub. L. 106–9, § 2(d)(3), Apr. 5, 1999, 113 Stat. 18, provided that: “This Act [enacting this chapter, amending section 77c, 77ddd, 80a–18, 633 and 636 of this title, and section 217 [now 212], 218 [now 213], 221 [now 216], 657, 1006 and 1014 of Title 18, Crimes and Criminal Procedure, repealing section 352a of Title 12, Banks and Banking, and enacting notes set out under this section and former section 352a of title 12] may be cited as the ‘Small Business Investment Act of 1958’.”

Pub. L. 102–366, title IV, § 415, Sept. 4, 1992, 106 Stat. 1018, provided that: “Notwithstanding any law, rule, regulation or administrative moratorium, except as otherwise expressly provided in this Act [probably means “this title”, see

of 1992 Amendment note above], the Small Business Administration shall— “(1) within 90 days after the date of enactment of this Act [Sept. 4, 1992], publish in the Federal Register proposed

implementing this Act and the

made by this Act; and “(2) within 180 days after the date of enactment of this Act, publish in the Federal Register final

implementing this Act, and enter such contracts as are necessary to implement this Act and the

made by this Act.” Effect of Small Business Equity Enhancement Act of 1992 on Securities Laws Pub. L. 102–366, title IV, § 418, Sept. 4, 1992, 106 Stat. 1019, provided that: “Nothing in this Act [probably means “this title”, see

of 1992 Amendment note above] (and no amendment made by this Act) shall be construed to affect the applicability of the securities laws, as that term is defined in section 3(a)(47) of the Securities Exchange Act of 1934 [15 U.S.C. 78c(a)(47)], or any of the

thereunder, or otherwise supersede or limit the jurisdiction of the Securities and Exchange Commission or the authority at any time conferred under the securities laws.”