Sec. 4. Priority for surplus property transfers
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/bill/115/hr/5178/rh/section-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 7(j)(13)(F) of the Small Business Act ( 15 U.S.C. 636(j)(13)(F) ) is amended by adding at the end the following new clause: In this clause, the term covered period means the period beginning on the date of enactment of this clause and ending on the date on which the Oversight Board established under section 101 of the Puerto Rico Oversight, Management, and Economic Stability Act ( 48 U.S.C. 2121 ) terminates. The Administrator may transfer technology or surplus property under clause
(i)to a Puerto Rico business if the Puerto Rico business meets the requirements for such a transfer, without regard to whether the Puerto Rico business is a Program Participant. .
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