Title 15Commerce and TradeRelease 119-73not60

§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

Last updated Apr 3, 2026|Official source

Summary

Give minority-owned businesses information about other financing options because they often have trouble getting traditional capital at affordable rates. By not later than 1 year after November 15, 2021, the Under Secretary must study those financing opportunities and send the study to Congress and post it on the Agency 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 15Commerce and Trade

Last Updated

Apr 3, 2026

Release point: 119-73not60