Minority Business Development and Assistance Act

Summary

Minority Business Development and Assistance Act - Establishes the Minority Business Development and Assistance Administration in the Department of Commerce. Creates the position of the Assistant Secretary of Commerce for Minority Business Development and Assistance 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. Directs the heads of Federal departments to cooperate with the Secretary of Commerce by furnishing specified information. Establishes the Advisory Council for Minority Enterprise to advise the Secretary on economic and social developments which affect minority business enterprises. Directs the Secretary of Commerce to submit as a part of the annual report of the Department of Commerce a report of his activities under this Act. Authorizes the appropriation of $10,000,000 in each fiscal year and such other sums as may be necessary to carry out the provisions of this Act.

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1 official file

• Introduced in Senate

  summary · EN · 7 March 1977

  Open at official source

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