Title 15Commerce and TradeRelease 119-73not60

§9592 Federal Assistance

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

Last updated Apr 3, 2026|Official source

Summary

The Under Secretary may give federal help to public and private groups by grants or cooperative agreements to carry out the cited program sections. Within 120 days after money for this purpose is appropriated, the Under Secretary must widely publish a notice for that fiscal year saying the actual or expected amount of help, the kinds of help, how it will be split between public and private groups, and the method used to make that split. The Under Secretary must talk with public and private groups when choosing amounts and types, and must broadly publicize all funding opportunities, including using the notice methods required under 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 3, 2026

Release point: 119-73not60