Title 15Commerce and TradeRelease 119-73not60

§1354 Five-year Plan; Annual Technical Services Program

Title 15 › Chapter 37— STATE TECHNICAL SERVICES › § 1354

Last updated Apr 3, 2026|Official source

Summary

The designated agency must send the Secretary, under rules the Secretary publishes, a five-year plan that may be revised each year. The plan must describe the State’s technological and economic situation (including region, business, commerce, and industrial potential), name the main regional and industrial problems, explain general ways to solve them, say how to measure the help’s impact, and explain how the technical services program will be run and coordinated. The agency must also send an annual technical services program. It must list specific methods (which may include contracts) to reach the goals and show their likely effect on the five-year plan. It must include a detailed budget with fiscal controls, accounting, and auditing to protect funds, and must assign specific responsibilities to each participating institution in the State.

Full Legal Text

Title 15, §1354

Commerce and Trade — Source: USLM XML via OLRC

The designated agency shall prepare and submit to the Secretary in accordance with such regulations as he may publish—
(a)A five-year plan which may be revised annually and which shall: (1) outline the technological and economic conditions of the State, taking into account its region, business, commerce, and its industrial potential and identify the major regional and industrial problems; (2) identify the general approaches and methods to be used in the solution of these problems and outline the means for measuring the impact of such assistance on the State or regional economy; and (3) explain the methods to be used in administering and coordinating the technical services program.
(b)An annual technical services program which shall (1) identify specific methods, which may include contracts, for accomplishing particular goals and outline the likely impact of these methods in terms of the five-year plan; (2) contain a detailed budget, together with procedures for adequate fiscal control, fund accounting, and auditing, to assure proper disbursement for funds paid to the State under this chapter; and (3) indicate the specific responsibilities assigned to each participating institution in the State.

Reference

Citations & Metadata

Citation

15 U.S.C. § 1354

Title 15Commerce and Trade

Last Updated

Apr 3, 2026

Release point: 119-73not60