15 U.S.C. § 636a — Repealed. Pub. L. 97–35, title XIX, § 1917,

Page 877 TITLE 15—COMMERCE AND TRADE § 636b 1 See References in Text note below. DISASTER RELIEF AUTHORITY; STUDY AND REPORT ON CONSOLIDATION Pub. L. 94–305, title I, § 101, June 4, 1976, 90 Stat. 663, required the President to comprehensively review all Federal disaster loan authorities and to report to Con- gress by Dec. 1, 1976, with recommendations and legis- lative proposals for the most effective and efficient de- livery of disaster relief, including possible consolida- tion of authorities. DISASTER LOANS; SPECIAL PROVISIONS FOR APPLICA- TIONS RECEIVED ON OR BEFORE MARCH 19, 1981; AS- SISTANCE TO HARDSHIP APPLICANTS Pub. L. 97–35, title XIX, § 1916, Aug. 13, 1981, 95 Stat. 780, provided for special provisions for applications for disaster loans under 15 U.S.C. 1636(b)(1), (2), or (4) re- ceived on or before Mar. 19, 1981, with assistance to hardship applicants. DISASTER LOANS; INTEREST RATE; CANCELLATION OF LOANS Pub. L. 93–24, § 9, Apr. 20, 1973, 87 Stat. 25, provided that: ‘‘Notwithstanding the provisions of any other law, any loan made by the Small Business Administra- tion in connection with any disaster occurring on or after the date of enactment of this Act [Apr. 20, 1973] under sections 7(b)(1), (2), or (4) of the Small Business Act (15 U.S.C. 636(b)(1), (2), or (4)) [subsec. (b)(1), (2), or (4) of this section] shall bear interest at the rate deter- mined under section 324 of the Consolidated Farm and Rural Development Act, as amended by section 4 of this Act [section 1964 of Title 7, Agriculture]. No portion of any such loan shall be subject to cancellation under the provisions of any law.’’ INTEREST RATES ON LOANS TO MEET REGULATORY STANDARDS Pub. L. 93–237, § 2(d), Jan. 2, 1974, 87 Stat. 1024, pro- vided that: ‘‘In no case shall the interest rate charged for loans to meet regulatory standards be lower than loans made in connection with physical disasters.’’ ELECTION OF BENEFITS Pub. L. 92–385, § 1(c), Aug. 16, 1972, 86 Stat. 555, pro- vided that: ‘‘Any person who (1) suffers any loss or damage as a result of a major disaster as determined by the President which occurred prior to the date of enact- ment of this Act [August 16, 1972], (2) is eligible for as- sistance under the amendment made by subsection (a), and (3) is otherwise eligible for benefits greater than those provided by the amendment made by subsection (a), may elect to receive such greater benefits.’’ FUND FOR MANAGEMENT COUNSELING Pub. L. 85–699, title VI, § 602(a), (b), Aug. 21, 1958, 72 Stat. 698, provided that: ‘‘(a) Within sixty days after the enactment of this Act [Aug. 21, 1958], each Federal Reserve bank shall pay to the United States the aggregate amount which the Secretary of the Treasury has heretofore paid to such bank under the provisions of section 13b of the Federal Reserve Act [12 U.S.C. 352a]; and such payment shall constitute a full discharge of any obligation or liability of the Federal Reserve bank to the United States or to the Secretary of the Treasury arising out of subsection (e) of said section 13b [12 U.S.C. 352a(e)] or out of any agreement thereunder. ‘‘(b) The amounts repaid to the United States pursu- ant to subsection (a) of this section shall be covered into a special fund in the Treasury which shall be avail- able for grants under section 7(d) of the Small Business Act [subsec. (d) of this section]. Any remaining balance of funds set aside in the Treasury for payments under section 13b of the Federal Reserve Act [12 U.S.C. 352a] shall be covered into the Treasury as miscellaneous re- ceipts.’’ LOANS FOR MODIFICATIONS OF MINING FACILITIES AND EQUIPMENT Pub. L. 91–173, title V, § 504(d), Dec. 30, 1969, 83 Stat. 802, authorized loans under 15 U.S.C. 636(b)(5) for modi- fications of mining facilities and equipment pursuant to former section 202 of the Public Works and Economic Development Act of 1965 (former 42 U.S.C. 3142), which was repealed by Pub. L. 105–393, title I, §102(a), Nov. 13, 1998, 112 Stat. 3602. Executive Documents EXECUTIVE ORDER NO. 12190 Ex. Ord. No. 12190, Feb. 1, 1980, 45 F.R. 7773, estab- lished the Advisory Committee on Small and Minority Business Ownership to assist in monitoring and encour- aging the placement of subcontracts by the private sec- tor with eligible small businesses, to study and propose incentives and assistance needed by the private sector to help in the training, development, and upgrading of such businesses, to make periodic reports and rec- ommendations to the President, and to report annually to the President and to the Congress on the activities of the Committee and provided for termination of the Committee on Dec. 31, 1980. EXTENSION OF TERM OF ADVISORY COMMITTEE ON SMALL AND MINORITY BUSINESS OWNERSHIP Term of Advisory Committee on Small and Minority Business Ownership extended until Sept. 30, 1991, by Ex. Ord. No. 12692, Sept. 29, 1989, 54 F.R. 40627, formerly set out as a note under section 1013 of Title 5, Government Organization and Employees, which extension was re- voked by the amendment of Ex. Ord. No. 12692 made by Ex. Ord. No. 12704, Feb. 26, 1990, 55 F.R. 6969. Previous extensions of term of Advisory Committee on Small and Minority Business Ownership were con- tained in the following prior Executive Orders: Ex. Ord. No. 12610, Sept. 30, 1987, 52 F.R. 36901, ex- tended term until Sept. 30, 1989. Ex. Ord. No. 12534, Sept. 30, 1985, 50 F.R. 40319, ex- tended term until Sept. 30, 1987. Ex. Ord. No. 12489, Sept. 28, 1984, 49 F.R. 38927, ex- tended term until Sept. 30, 1985. Ex. Ord. No. 12399, Dec. 31, 1982, 48 F.R. 379, extended term until Sept. 30, 1984. Ex. Ord. No. 12258, Dec. 31, 1980, 46 F.R. 1251, extended term until Dec. 31, 1982. § 636a. Repealed. Pub. L. 97–35, title XIX, § 1917, Aug. 13, 1981, 95 Stat. 781 Section, Pub. L. 91–606, title II, § 231, Dec. 31, 1970, 84 Stat. 1752; Pub. L. 92–385, § 6, Aug. 16, 1972, 86 Stat. 559, related to small business disaster loans. Statutory Notes and Related Subsidiaries EFFECTIVE DATE OF REPEAL Repeal effective Aug. 13, 1981, but not to affect any fi- nancing made, obligated, or committed under this chapter or chapter 14B of this title prior to Aug. 13, 1981, see section 1918 of Pub. L. 97–35, set out as an Ef- fective Date of 1981 Amendment note under section 631 of this title. § 636b. Disaster loan interest rates Any loan made under section 636a 1 of this title and section 4452 1 of title 42 shall not exceed the current cost of repairing or replacing the dis- aster injury, loss, or damage in conformity with current codes and specifications. Any loan made under sections 636a 1 and 636d of this title, and sections 3538 and 4452 1 of title 42 shall bear in-