S.767 - Business Opportunity Development Reform Act Technical Corrections Act101st Congress (1989-1990)
|Sponsor:||Sen. Bumpers, Dale [D-AR] (Introduced 04/12/1989)|
|Committees:||Senate - Small Business | House - Small Business|
|Latest Action:||06/15/1989 Became Public Law No: 101-37. (All Actions)|
This bill has the status Became Law
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.767 — 101st Congress (1989-1990)All Information (Except Text)
Introduced in Senate (04/12/1989)
Business Opportunity Development Reform Act Technical Corrections Act - Amends the Business Opportunity Development Reform Act of 1988 to make technical and conforming amendments.
Amends the Small Business Act to revise the eligibility guidelines under which socially and economically disadvantaged individuals and Indian tribes may assert such disadvantage for more than one business concern.
Requires that applications for participation in the Minority Small Business and Capital Ownership Development Program be approved or denied within 90 days of receipt.
Amends the Business Opportunity Development Reform Act of 1988 to direct the Administrator of the Small Business Administration to designate an Executive Secretary and to provide interim support staff and services until the Commission on Minority Business Development has convened its organizational meeting.
Includes among the designated participating industry groups "Major Group 16 (Heavy Construction Other than Building Construction-Contractors) (excluding dredging)."
Sets the term for the "Alternative Program for Clothing and Textiles," from January 1, 1989, to September 30, 1992. Requires the Secretary of Defense to report to specified congressional committees regarding the Program's operation.
Increases from 210 days to 270 days the period during which the Small Business Administration must publish final rules and regulations in the Federal Register. Amends the effective dates for certain provisions of the Act.