Title 15 — Commerce and TradeRelease 119-73
§9542 Agency study on alternative financing solutions
Title 15 › Chapter CHAPTER 120— - MINORITY BUSINESS DEVELOPMENT › Subchapter SUBCHAPTER II— - NEW INITIATIVES TO PROMOTE ECONOMIC RESILIENCY FOR MINORITY BUSINESSES › § 9542
Summary
The Under Secretary must study ways to give minority-owned businesses other ways to get funding because they often have trouble getting affordable bank loans and similar capital. Within 1 year after November 15, 2021, the Under Secretary must finish that study, send a report of the findings to Congress, and post the report on the Agency’s website.
Full Legal Text
Title 15, §9542
Commerce and Trade — Source: USLM XML via OLRC
(a)The purpose of this section is to provide information relating to alternative financing solutions to minority business enterprises, as those business enterprises are more likely to struggle in accessing, particularly at affordable rates, traditional sources of capital.
(b)Not later than 1 year after November 15, 2021, the Under Secretary shall—
(1)conduct a study on opportunities for providing alternative financing solutions to minority business enterprises; and
(2)submit to Congress, and publish on the website of the Agency, a report describing the findings of the study carried out under paragraph (1).
Reference
Citations & Metadata
Citation
15 U.S.C. § 9542
Title 15 — Commerce and Trade
Last Updated
Apr 6, 2026
Release point: 119-73