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22 U.S.C. § 2352 — Small business

Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2352 — Small business

Page 830 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2352 tracts on the basis of competitive selection pro- cedures. All such contracts should be let on the basis of competitive selection procedures except in those limited cases in which the procurement regulations governing the agency primarily re- sponsible for administering subchapter I of this chapter allow noncompetitive procedures to be used. (2) Repealed. Pub. L. 97–113, title VII, § 734(a)(1), Dec. 29, 1981, 95 Stat. 1560. (Pub. L. 87–195, pt. III, § 601, Sept. 4, 1961, 75 Stat. 438; Pub. L. 88–205, pt. III, § 301(a), (b), Dec. 16, 1963, 77 Stat. 385; Pub. L. 88–633, pt. III, § 301(a), (b), Oct. 7, 1964, 78 Stat. 1012; Pub. L. 89–583, pt. III, § 301(a), Sept. 19, 1966, 80 Stat. 803; Pub. L. 90–137, pt. III, § 301(a), Nov. 14, 1967, 81 Stat. 458; Pub. L. 95–424, title I, § 102(g)(2)(B), title V, § 501, Oct. 6, 1978, 92 Stat. 942, 956; Pub. L. 97–113, title VII, § 734(a)(1), Dec. 29, 1981, 95 Stat. 1560.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in subsecs. (b) and (d), was in the original ‘‘this Act’’, meaning Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424, known as the Foreign Assist- ance Act of 1961. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. AMENDMENTS 1981—Subsec. (e)(2). Pub. L. 97–113 struck out par. (2) which required reports to Congress on Agency for Inter- national Development contracts over $100,000 entered into without competitive selection. See section 2394(a)(2)(F) of this title. 1978—Subsec. (b)(5). Pub. L. 95–424 substituted ‘‘sec- tion 2151t’’ for ‘‘section 2161’’. Subsec. (e). Pub. L. 95–424 added subsec. (e). 1967—Subsec. (c)(3). Pub. L. 90–137 substitut

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Page 830 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2352 tracts on the basis of competitive selection pro- cedures. All such contracts should be let on the basis of competitive selection procedures except in those limited cases in which the procurement regulations governing the agency primarily re- sponsible for administering subchapter I of this chapter allow noncompetitive procedures to be used. (2) Repealed. Pub. L. 97–113, title VII, § 734(a)(1), Dec. 29, 1981, 95 Stat. 1560. (Pub. L. 87–195, pt. III, § 601, Sept. 4, 1961, 75 Stat. 438; Pub. L. 88–205, pt. III, § 301(a), (b), Dec. 16, 1963, 77 Stat. 385; Pub. L. 88–633, pt. III, § 301(a), (b), Oct. 7, 1964, 78 Stat. 1012; Pub. L. 89–583, pt. III, § 301(a), Sept. 19, 1966, 80 Stat. 803; Pub. L. 90–137, pt. III, § 301(a), Nov. 14, 1967, 81 Stat. 458; Pub. L. 95–424, title I, § 102(g)(2)(B), title V, § 501, Oct. 6, 1978, 92 Stat. 942, 956; Pub. L. 97–113, title VII, § 734(a)(1), Dec. 29, 1981, 95 Stat. 1560.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in subsecs. (b) and (d), was in the original ‘‘this Act’’, meaning Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424, known as the Foreign Assist- ance Act of 1961. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. AMENDMENTS 1981—Subsec. (e)(2). Pub. L. 97–113 struck out par. (2) which required reports to Congress on Agency for Inter- national Development contracts over $100,000 entered into without competitive selection. See section 2394(a)(2)(F) of this title. 1978—Subsec. (b)(5). Pub. L. 95–424 substituted ‘‘sec- tion 2151t’’ for ‘‘section 2161’’. Subsec. (e). Pub. L. 95–424 added subsec. (e). 1967—Subsec. (c)(3). Pub. L. 90–137 substituted ref- erence to section 5703 for former section 73b–2 of title 5. 1966—Subsec. (b)(2) to (8). Pub. L. 89–583, § 301(a)(1)–(3), added par. (2), redesignated former pars. (2) to (6) as (3) to (7), respectively, and added par. (8). Subsec. (c). Pub. L. 89–583, § 301(a)(4), substituted pro- visions relating to International Private Investment Advisory Council on Foreign Aid for former provisions relating to Advisory Committee on Private Enterprise in Foreign Aid. 1964—Subsec. (c)(4). Pub. L. 88–633, § 301(a), sub- stituted ‘‘June 30, 1965’’ for ‘‘December 31, 1964’’. Subsec. (d). Pub. L. 88–633, § 301(b), added subsec. (d). 1963—Subsec. (b). Pub. L. 88–205, § 301(a), substituted ‘‘to the maximum extent practicable’’ for ‘‘wherever appropriate’’ in par. (4), and added pars. (5) and (6). Subsec. (c). Pub. L. 88–205, § 301(b), added subsec. (c). Statutory Notes and Related Subsidiaries REFERENCES TO SUBCHAPTER I DEEMED TO INCLUDE CERTAIN PARTS OF SUBCHAPTER II References to subchapter I of this chapter are deemed to include parts IV (§ 2346 et seq.), VI (§ 2348 et seq.), and VIII (§ 2349aa et seq.) of subchapter II of this chapter, and references to subchapter II are deemed to exclude such parts. See section 202(b) of Pub. L. 92–226, set out as a note under section 2346 of this title, and sections 2348c and 2349aa–5 of this title. EFFECTIVE DATE OF 1978 AMENDMENT Amendment by Pub. L. 95–424 effective Oct. 1, 1978, see section 605 of Pub. L. 95–424, set out as a note under section 2151 of this title. TERMINATION OF ADVISORY COUNCIL Advisory council in existence on Jan. 5, 1973, to ter- minate not later than the expiration of the 2-year pe- riod following Jan. 5, 1973, unless, in the case of a coun- cil established by the President or an officer of the Federal Government, such council is renewed by appro- priate action prior to the expiration of such 2-year pe- riod, or in the case of a council established by the Con- gress, its duration is otherwise provided by law. See sections 1001(2) and 1013 of Title 5, Government Organi- zation and Employees. Executive Documents DELEGATION OF FUNCTIONS For delegation of functions of President under this section, see Ex. Ord. No. 12163, Sept. 29, 1979, 44 F.R. 56673, as amended, set out as a note under section 2381 of this title. § 2352. Small business (a) Assistance for participation in furnishing of commodities, defense articles, and services Insofar as practicable and to the maximum ex- tent consistent with the accomplishment of the purposes of this chapter, the President shall as- sist American small business to participate eq- uitably in the furnishing of commodities, de- fense articles, and services (including defense services) financed with funds made available under this chapter— (1) by causing to be made available to sup- pliers in the United States, and particularly to small independent enterprises, information, as far in advance as possible, with respect to pur- chases proposed to be financed with such funds; (2) by causing to be made available to pro- spective purchasers in the countries and areas receiving assistance under this chapter infor- mation as to such commodities, articles, and services produced by small independent enter- prises in the United States; and (3) by providing for additional services to give small business better opportunities to participate in the furnishing of such commod- ities, articles, and services financed with such funds. (b) Office of Small Business There shall be an Office of Small Business, headed by a Special Assistant for Small Busi- ness, in such agency of the United States Gov- ernment as the President may direct, to assist in carrying out the provisions of subsection (a) of this section. (c) Information with respect to certain pur- chases by Department of Defense The Secretary of Defense shall assure that there is made available to suppliers in the United States, and particularly to small inde- pendent enterprises, information with respect to purchases made by the Department of Defense pursuant to subchapter II of this chapter, such information to be furnished as far in advance as possible. (Pub. L. 87–195, pt. III, § 602, Sept. 4, 1961, 75 Stat. 439.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in subsec. (a), was in the original ‘‘this Act’’, meaning Pub. L. 87–195, Sept. 4, Page 831 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2352 1961, 75 Stat. 424, known as the Foreign Assistance Act of 1961. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. Statutory Notes and Related Subsidiaries REFERENCES TO SUBCHAPTER II DEEMED TO EXCLUDE CERTAIN PARTS OF SUBCHAPTER II References to subchapter II of this chapter are deemed to exclude parts IV (§ 2346 et seq.), VI (§ 2348 et seq.), and VIII (§ 2349aa et seq.) of subchapter II, and references to subchapter I of this chapter are deemed to include such parts. See section 202(b) of Pub. L. 92–226, set out as a note under section 2346 of this title, and sections 2348c and 2349aa–5 of this title. REPORTS ON PARTICIPATION BY SMALL BUSINESSES IN PROCUREMENT CONTRACTS OF USAID Pub. L. 107–228, div. A, title VI, § 687, Sept. 30, 2002, 116 Stat. 1411, provided that: ‘‘(a) INITIAL REPORT.—Not later than 120 days after the date of the enactment of this Act [Sept. 30, 2002], the Administrator shall submit to the designated con- gressional committees a report that contains the fol- lowing: ‘‘(1) For each of the fiscal years 2000, 2001, and 2002: ‘‘(A) The total number of the contracts that were awarded by the Agency to— ‘‘(i) all small businesses; ‘‘(ii) small business concerns owned and con- trolled by socially and economically disadvan- taged individuals; ‘‘(iii) small business concerns owned and con- trolled by women; ‘‘(iv) small businesses participating in the pro- gram under section 8(a) of such Act [probably means section 8(a) of the Small Business Act] (15 U.S.C. 637(a)); and ‘‘(v) qualified HUBZone small business con- cerns. ‘‘(B) The percentage of all contracts awarded by the Agency that were awarded to the small busi- nesses in each category of small businesses speci- fied in clauses (i) through (v) of subparagraph (A), as computed on the basis of dollar amounts. ‘‘(C) Of all contracts awarded by the Agency for performance in the United States, the percentage of the contracts that were awarded to the small busi- nesses in each category of small businesses speci- fied in clauses (i) through (v) of subparagraph (A), as computed on the basis of dollar amounts. ‘‘(D) To the extent available— ‘‘(i) the total number of grant and cooperative agreements that were made by the Agency to the small businesses in each category of small busi- nesses specified in clauses (i) through (v) of sub- paragraph (A); ‘‘(ii) the percentage of all grant and cooperative agreements awarded by the Agency that were awarded to small businesses in each category of small businesses specified in clauses (i) through (v) of subparagraph (A), as computed on the basis of dollar amounts; and ‘‘(iii) of all grant and cooperative agreements made by the Agency to entities in the United States, the percentage of the grant and coopera- tive agreements that were awarded to small busi- nesses in each category of small businesses speci- fied in clauses (i) through (v) of subparagraph (A), as computed on the basis of dollar amounts. ‘‘(E) To the extent available— ‘‘(i) the total dollar amount of all subcontracts entered into with the small businesses in each category specified in clauses (i) through (v) of subparagraph (A) by the prime contractors for contracts entered into by the Agency; and ‘‘(ii) the percentage of all contracts entered into by the Agency that were performed under subcontracts described in clause (i), as computed on the basis of dollar amounts. ‘‘(2) An analysis of any specific industries or sectors that are underrepresented by small businesses in the awarding of contracts by the Agency and, to the ex- tent such information is available, such analysis per- taining to the making of grants and cooperative agreements by the Agency. ‘‘(3) A specific plan of outreach, including measur- able achievement milestones, to increase the total number of contracts that are awarded by the Agency, and the percentage of all contracts awarded by the Agency (computed on the basis of dollar amount) that are awarded, to— ‘‘(A) all small businesses; ‘‘(B) small business concerns owned and con- trolled by socially and economically disadvantaged individuals; ‘‘(C) small business concerns owned and con- trolled by women; ‘‘(D) small businesses participating in the pro- gram under section 8(a) of such Act (15 U.S.C. 637(a)); and ‘‘(E) qualified HUBZone small business concerns, in order to meet the statutory and voluntary targets established by the Agency and the Small Business Administration, with a particular focus on the indus- tries or sectors identified in paragraph (2). ‘‘(4) Any other information the Administrator de- termines appropriate. ‘‘(b) PLAN TO INCREASE SMALL BUSINESS CON- TRACTING.—The plan required for the report under sub- section (a)(3) shall include the following matters: ‘‘(1) Proposals and milestones that apply to all con- tracts entered into by or on behalf of the Agency in Washington, D.C., and proposals and milestones that apply to all contracts entered into by or on behalf of the Agency by offices outside Washington, D.C. ‘‘(2) Proposals and milestones of the Agency to in- crease the amount of subcontracting to businesses de- scribed in such subsection (a)(3) by the prime con- tractors of the Agency. ‘‘(3) With the milestones described in paragraph (2), a description of how the Administrator plans to use the failure of a prime contractor to meet goals as a ranking factor for evaluating any other submission from the contractor for future contracts by the Agen- cy. ‘‘(c) ANNUAL REPORTS.—Not later than January 31, 2004, January 31, 2005, and January 31, 2006, the Admin- istrator shall submit to the designated congressional committees a report for the preceding fiscal year that contains a description of the percentage of total con- tract and grant and cooperative agreement dollar amounts that were entered into by the Agency, and the total number of contracts and grants and cooperative agreements that were awarded by the Agency, to small businesses in each category specified in clauses (i) through (v) of subsection (a)(1)(A) during such fiscal year. The report for a fiscal year shall include, sepa- rately stated for contracts and grant and cooperative agreements entered into by the Agency, the percentage of the contracts and grant and cooperative agreements, respectively, that were awarded to small businesses in each such category, as computed on the basis of dollar amounts. The report shall also include a description of achievements toward measurable milestones for direct contracts of the Agency entered into by offices outside of Washington, D.C., and for subcontracting by prime contractors of the Agency. ‘‘(d) DEFINITIONS.—In this section: ‘‘(1) ADMINISTRATOR.—The term ‘Administrator’ means the Administrator of the United States Agen- cy for International Development. ‘‘(2) AGENCY.—The term ‘Agency’ means the United States Agency for International Development. ‘‘(3) DESIGNATED CONGRESSIONAL COMMITTEES.—The term ‘designated congressional committees’ means— ‘‘(A) the Committee on International Relations [now Committee on Foreign Affairs] and the Com- Page 832 TITLE 22—FOREIGN RELATIONS AND INTERCOURSE § 2353 mittee on Small Business of the House of Rep- resentatives; and ‘‘(B) the Committee on Foreign Relations and the Committee on Small Business [now Committee on Small Business and Entrepreneurship] of the Sen- ate.’’ PROCUREMENTS FROM SMALL BUSINESSES Pub. L. 94–329, title VI, § 602, June 30, 1976, 90 Stat. 766, provided that: ‘‘In order to encourage procure- ments from small business concerns under chapter 4 of the Foreign Assistance Act of 1961 [part IV of sub- chapter II of this chapter], the Administrator of the Agency for International Development shall report to the Congress every six months on the extent to which small businesses have participated in procurements under such chapter [part] and on what efforts the Agen- cy has made to foster such procurements from small business concerns. The Small Business Administration shall lend all available assistance to the Agency for the purposes of carrying out this section.’’ [For termination, effective May 15, 2000, of reporting provisions in section 602 of Pub. L. 94–329, set out above, see section 3003 of Pub. L. 104–66, as amended, set out as a note under section 1113 of Title 31, Money and Finance, and page 130 of House Document No. 103–7.] Executive Documents DELEGATION OF FUNCTIONS For delegation of functions of President under this section, see Ex. Ord. No. 12163, Sept. 29, 1979, 44 F.R. 56673, as amended, set out as a note under section 2381 of this title. OFFICE IN AGENCY FOR INTERNATIONAL DEVELOPMENT For location of the Office of Small Business, provided for in subsec. (b), in the United States Agency for International Development, see section 1–200(d) of Ex. Ord. No. 12163, Sept. 29, 1979, 44 F.R. 56673, as amended, set out as a note under section 2381 of this title. § 2353. Shipping on United States vessels The ocean transportation between foreign countries of commodities and defense articles purchased with foreign currencies made avail- able or derived from funds made available under this chapter or the Food for Peace Act, as amended [7 U.S.C. 1691 et seq.], and transfers of fresh fruit and products thereof under this chap- ter, shall not be governed by the provisions of section 55305 of title 46, or any other law relat- ing to the ocean transportation of commodities on United States flag vessels. (Pub. L. 87–195, pt. III, § 603, Sept. 4, 1961, 75 Stat. 439; Pub. L. 110–246, title III, § 3001(b)(1)(A), (2)(Q), June 18, 2008, 122 Stat. 1820.) Editorial Notes REFERENCES IN TEXT This chapter, referred to in text, was in the original ‘‘this Act’’, meaning Pub. L. 87–195, Sept. 4, 1961, 75 Stat. 424, known as the Foreign Assistance Act of 1961. For complete classification of this Act to the Code, see Short Title note set out under section 2151 of this title and Tables. The Food for Peace Act, as amended, referred to in text, is act July 10, 1954, ch. 469, 68 Stat. 454, which is classified principally to chapter 41 (§ 1691 et seq.) of Title 7, Agriculture. For complete classification of this Act to the Code, see Short Title note set out under sec- tion 1691 of Title 7 and Tables. CODIFICATION In text, ‘‘section 55305 of title 46’’ substituted for ‘‘section 901(b) of the Merchant Marine Act of 1936, as amended (46 U.S.C. 1241)’’ on authority of Pub. L. 109–304, § 18(c), Oct. 6, 2006, 120 Stat. 1709, which Act en- acted section 55305 of Title 46, Shipping. AMENDMENTS 2008—Pub. L. 110–246 substituted ‘‘Food for Peace Act’’ for ‘‘Agricultural Trade Development and Assist- ance Act of 1954’’. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2008 AMENDMENT Amendment by Pub. L. 110–246 effective May 22, 2008, see section 4(b) of Pub. L. 110–246, set out as an Effec- tive Date note under section 8701 of Title 7, Agri- culture. § 2354. Procurement (a) Limitations on procurement outside United States (1) Funds made available for assistance under this chapter may be used by the President for procurement— (A) only in the United States, the recipient country, or developing countries; or (B) in any other country but only if— (i) the provision of such assistance re- quires commodities or services of a type that are not produced in and available for purchase in any country specified in sub- paragraph (A); or (ii) the President determines, on a case-by- case basis, that procurement in such other country is necessary— (I) to meet unforeseen circumstances, such as emergency situations, where it is important to permit procurement in a country not specified in subparagraph (A); or (II) to promote efficiency in the use of United States foreign assistance resources, including to avoid impairment of foreign assistance objectives. (2) For purposes of this subsection, the term ‘‘developing countries’’ shall not include ad- vanced developing countries. (b) Purchases in bulk No funds made available under this chapter shall be used for the purchase in bulk of any commodities at prices higher than the market price prevailing in the United States at the time of purchase, adjusted for differences in the cost of transportation to destination, quality, and terms of payment. (c) Agricultural commodities or products thereof available for disposition under Food for Peace Act In providing for the procurement of any agri- cultural commodity or product thereof available for disposition under the Food for Peace Act, as amended [7 U.S.C. 1691 et seq.], for transfer by grant under this chapter to any recipient coun- try in accordance with its requirements, the President shall, insofar as practicable and when in furtherance of the purposes of this chapter, authorize the procurement of such agricultural commodity only within the United States ex- cept to the extent that such agricultural com- modity is not available in the United States in sufficient quantities to supply emergency re- quirements of recipients under this chapter.

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 637 — Additional powers

**(a) Procurement contracts; subcontracts to disadvantaged small business concerns; performance bonds; contract negotiations; definitions; eligibility; determinations; publication; recruitment; construction subcontracts; annual estimates; Indian tribes** (1) It shall be the duty of the Administration and it is hereby empowered, whenever it determines such action is necessary or appropriate— (A) to enter into contracts with the United States Government and any department, agency, or officer thereof having procurement powers obligating the Administration to furnish articles, equipment, supplies, services, or materials to the Government or to perform construction work for the Government. In any case in which the Administration certifies to any officer of the Government having procurement powers that the Administration is competent and responsible to perform any specific Government procurement contract to be let by any such officer, such officer shall be authorized in his discretion to let such procurement contract to the Administration upon such terms and conditions as may be agreed upon between the Administration and the procurement officer. Whenever the Administration and such procurement officer fail to agree, the matter shall be submitted for determination to the Secretary or the head of the appropriate department or agency by the Administrator. Not later than 5 days from the date the Administration is notified of a procurement officer’s adverse decision, the Administration may notify the contracting officer of the intent to appeal such adverse decision, and within 15 days of such date the Administrator shall file a written request for a reconsideration of the adverse decision with the Secretary of the department or agency head. For the purposes of this subparagrap

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Federal law — U.S. Code and appendices · legal_authorities

15 U.S.C. § 637 — Additional powers

Page 890 TITLE 15—COMMERCE AND TRADE § 637 mortgage obligations, payments on covered lease ob- ligations, or covered utility payments, as the case may be.’’ Subsec. (i). Pub. L. 116–260, div. N, § 276(a)(1), amended subsec. (i) generally. Prior to amendment, text read as follows: ‘‘For purposes of title 26, any amount which (but for this subsection) would be includible in gross in- come of the eligible recipient by reason of forgiveness described in subsection (b) shall be excluded from gross income.’’ Subsec. (l). Pub. L. 116–260, div. N, § 307(a)(3), added subsec. (l). Pub. L. 116–260, div. N, § 306(1), struck out subsec. (l). Text read as follows: ‘‘An eligible recipient that re- ceived a covered loan before June 5, 2020, may elect for the covered period applicable to such covered loan to end on the date that is 8 weeks after the date of the origination of such covered loan.’’ Pub. L. 116–142, § 3(b)(3), added subsec. (l). Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF 2021 AMENDMENT Amendment by Pub. L. 117–2 applicable only with re- spect to applications for forgiveness of covered loans made under pars. (36) or (37) of section 636(a) of this title received on or after Mar. 11, 2021, see section 5001(c)(3) of Pub. L. 117–2, set out as a note under sec- tion 636 of this title. EFFECTIVE DATE OF 2020 AMENDMENT Pub. L. 116–260, div. N, title II, § 276(a)(2), Dec. 27, 2020, 134 Stat. 1979, provided that: ‘‘The amendment made by this subsection [amending this section] shall apply to taxable years ending after the date of the enactment of the CARES Act [Mar. 27, 2020].’’ Amendment by section 304(b)(1)(A), (B), (2) of div. N of Pub. L. 116–260 effective as if included in Pub. L. 116–136 and applicable to any loan made pursuant to secti

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Federal law — U.S. Code and appendices · legal_authorities

22 U.S.C. § 2352 — Small business

**(a) Assistance for participation in furnishing of commodities, defense articles, and services** Insofar as practicable and to the maximum extent consistent with the accomplishment of the purposes of this chapter, the President shall assist American small business to participate equitably in the furnishing of commodities, defense articles, and services (including defense services) financed with funds made available under this chapter— (1) by causing to be made available to suppliers in the United States, and particularly to small independent enterprises, information, as far in advance as possible, with respect to purchases proposed to be financed with such funds; (2) by causing to be made available to prospective purchasers in the countries and areas receiving assistance under this chapter information as to such commodities, articles, and services produced by small independent enterprises in the United States; and (3) by providing for additional services to give small business better opportunities to participate in the furnishing of such commodities, articles, and services financed with such funds. **(b) Office of Small Business** There shall be an Office of Small Business, headed by a Special Assistant for Small Business, in such agency of the United States Government as the President may direct, to assist in carrying out the provisions of subsection (a) of this section. **(c) Information with respect to certain purchases by Department of Defense** The Secretary of Defense shall assure that there is made available to suppliers in the United States, and particularly to small independent enterprises, information with respect to purchases made by the Department of Defense pursuant to subchapter II of this chapter, such information to be furnished as far in advance a

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7 U.S.C. § 1691 — Notification to congressional committees

**(a) Notice of negotiations** The Secretary of State and the Secretary of the Treasury shall, in every feasible instance, notify the designated congressional committees not less than 15 days prior to any formal negotiation for debt relief under this subchapter. **(b) Transmittal of text of agreements** The Secretary of State shall transmit to the designated congressional committees a copy of the text of any agreement with any foreign government which would result in any debt relief under this subchapter no less than 30 days prior to its entry into force, together with a detailed justification of the interest of the United States in the proposed debt relief. **(c) Annual report** The Secretary of State or the Secretary of the Treasury, as appropriate, shall submit to the designated congressional committees not later than February 1 of each year a consolidated statement of the budgetary implications of all debt relief agreements entered into force under this subchapter during the preceding fiscal year. **(d) Designated congressional committees** As used in this section, the term “designated congressional committees” means the Committee on Agriculture and the Committee on Foreign Affairs of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate.

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7 U.S.C. § 1691 — United States policy

Page 956 TITLE 7—AGRICULTURE § 1691 Sec. 1738m. Annual report to Congress. 1738n. Consultations with Congress. 1738o. Sale of qualified debt to eligible coun- tries. 1738p. Sale, reduction, or cancellation of quali- fied debt to facilitate certain debt swaps. 1738q. Notification to congressional commit- tees. 1738r. ‘‘Qualified debt’’ defined. § 1691. United States policy It is the policy of the United States to use its abundant agricultural productivity to promote the foreign policy of the United States by en- hancing the food security of the developing world through the use of agricultural commod- ities and local currencies accruing under this chapter to— (1) combat world hunger and malnutrition and their causes; (2) promote broad-based, equitable, and sus- tainable development, including agricultural development; (3) expand international trade; (4) foster and encourage the development of private enterprise and democratic participa- tion in developing countries; and (5) prevent conflicts. (July 10, 1954, ch. 469, § 2, 68 Stat. 454; Pub. L. 89–808, § 2(A), Nov. 11, 1966, 80 Stat. 1526; Pub. L. 94–161, title II, § 201, Dec. 20, 1975, 89 Stat. 850; Pub. L. 99–198, title XI, § 1111(a), Dec. 23, 1985, 99 Stat. 1474; Pub. L. 101–624, title XV, § 1512, Nov. 28, 1990, 104 Stat. 3633; Pub. L. 107–171, title III, § 3001, May 13, 2002, 116 Stat. 280; Pub. L. 110–246, title III, § 3002, June 18, 2008, 122 Stat. 1821.) Editorial Notes AMENDMENTS 2008—Pars. (4) to (6). Pub. L. 110–246 redesignated pars. (5) and (6) as (4) and (5), respectively, and struck out former par. (4) which read as follows: ‘‘develop and expand export markets for United States agricultural commodities;’’. 2002—Par. (6). Pub. L. 107–171 added par. (6). 1990—Pub. L. 10

Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 1691

Stored review status: historical_2024_not_currentness_verified. The source passage cites 7 U.S.C. § 1691. This identifies an authority to review, not proof of applicability.