Sec. 10. Biennial State startup business report
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/bill/113/s/310/is/section-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Secretary of Commerce shall regularly compile information from each of the 50 States and the District of Columbia on State laws that affect the formation and growth of new businesses within the State or District. Not later than 18 months after the date of the enactment of this Act, and every 2 years thereafter, the Secretary, using data compiled under subsection (a), shall prepare a report that— analyzes the economic effect of State and District laws that either encourage or inhibit business formation and growth; and ranks the States and the District based on the effectiveness with which their laws foster new business creation and economic growth.
The Secretary shall— submit each report prepared under subsection
(b)to Congress; and make each report available to the public on the Department of Commerce’s website. Not later than 90 days after the submission of the first report under this section, the Secretary of Commerce shall submit to Congress a study on the feasibility and advisability of including, in future reports, information about the effect of local laws and ordinances on the formation and growth of new businesses in large metropolitan areas within the United States. There are authorized to be appropriated such sums as may be necessary to carry out this section.