Minority Business Development Act

Summary

Minority Business Development Act - Establishes the Minority Business Development Administration in the Department of Commerce. Creates the position of the Assistant Secretary of Commerce for Minority Business Development to direct such Administration. Empowers the Assistant Secretary to make grants and enter into contracts with any person in order to provide management and technical assistance to minority enterprises. Sets forth the functions of the Assistant Secretary including the establishment of goals for other Federal departments which may affect minority business enterprises and the collection and dissemination of information useful for the undertaking and the promoting of minority businesses. Direct the heads of Federal departments to cooperate with the Secretary of Commerce by furnishing specified information. Calls for interagency cooperation with the Assistant Secretary's investigative function. Directs the Assistant Secretary to submit an annual report to the President, the Office of Management and Budget, and Congress.

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1 official file

• Introduced in Senate

  summary · EN · 3 February 1977

  Open at official source

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