Title 15, Commerce and TradeRelease 119-110
§9542 Agency Study on Alternative Financing Solutions
Title 15 › CHAPTER 120 — MINORITY BUSINESS DEVELOPMENT › SUBCHAPTER II — NEW INITIATIVES TO PROMOTE ECONOMIC RESILIENCY FOR MINORITY BUSINESSES › § 9542
Summary
The Under Secretary must study ways to give minority businesses alternative financing because they often cannot get affordable traditional loans. Within one year after November 15, 2021, the Under Secretary must finish the study, send a report to Congress, and post it on the Agency’s website.
Full Legal Text
Title 15, §9542
Commerce and Trade, Source: USLM XML via OLRC
(a)Purpose
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)Study and report
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
Sep 22, 2026
Release point: 119-110