Title 15Commerce and TradeRelease 119-73

§9592 Federal assistance

Title 15 › Chapter CHAPTER 120— - MINORITY BUSINESS DEVELOPMENT › Subchapter SUBCHAPTER VII— - ADMINISTRATIVE POWERS OF THE AGENCY; MISCELLANEOUS PROVISIONS › § 9592

Last updated Apr 6, 2026|Official source

Summary

The Under Secretary may give federal help to public and private organizations to carry out sections 101, 102, and 103(a). That help can come as grants or partnership agreements. The Under Secretary must talk with public and private organizations when choosing how much help to offer and what kinds to offer. Within 120 days after money is approved, the Under Secretary must widely announce what help will be available that year. The announcement must say the expected dollar amounts, the kinds of help, how help will be split between public and private groups, and the method used to make those splits. The announcement must be made using the outreach methods required by section 116.

Full Legal Text

Title 15, §9592

Commerce and Trade — Source: USLM XML via OLRC

(a)(1)To carry out section ___101, ___102, and ___103(a),11 So in original. See References in Text note below. the Under Secretary may provide Federal assistance to public sector entities and private sector entities in the form of grants or cooperative agreements.
(2)Not later than 120 days after the date on which amounts are appropriated to carry out this section, the Under Secretary shall, in accordance with subsection (b), broadly publish a statement regarding Federal assistance that will, or may, be provided under paragraph (1) during the fiscal year for which those amounts are appropriated, including—
(A)the actual, or anticipated, amount of Federal assistance that will, or may, be made available;
(B)the types of Federal assistance that will, or may, be made available;
(C)the manner in which Federal assistance will be allocated among public sector entities and private sector entities, as applicable; and
(D)the methodology used by the Under Secretary to make allocations under subparagraph (C).
(3)The Under Secretary shall consult with public sector entities and private sector entities, as applicable, in deciding the amounts and types of Federal assistance to make available under paragraph (1).
(b)In carrying out this section, the Under Secretary shall broadly publicize all opportunities for Federal assistance available under this section, including through the means required under section ___116. 1

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section ___101, ___102, and ___103(a), referred to in subsec. (a)(1), probably mean section 100101, 100102, and 100103(a) of Pub. L. 117–58, which are classified to section 9511, 9512, and 9513(a) of this title. section ___116, referred to in subsec. (b), probably means section 100116 of Pub. L. 117–58, which is classified to section 9526 of this title.

Reference

Citations & Metadata

Citation

15 U.S.C. § 9592

Title 15Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73