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Code · BILL · 116th Congress · S. 4873 (Introduced in Senate) — To authorize the Minority Business Development Agency of the Department of Commerce to establish business centers at... · Sec. 2

Sec. 2. Definitions

260 words·~1 min read·/bill/116/s/4873/is/section-2

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The term Agency means the Minority Business Development Agency of the Department of Commerce. The term appropriate congressional committees means— the Committee on Commerce, Science, and Transportation of the Senate ; the Committee on Small Business and Entrepreneurship of the Senate ; the Committee on Energy and Commerce of the House of Representatives; and the Committee on Small Business of the House of Representatives. The term eligible entity means— a historically Black college or university; or a consortium of institutions of higher education that is led by a historically Black college or university.
The term historically Black college or university has the meaning given the term part B institution in section 322 of the Higher Education Act of 1965 ( 20 U.S.C. 1061 ). The term institution of higher education has the meaning given the term in section 101 of the Higher Education Act of 1965 ( 20 U.S.C. 1001 ). The term MBDA center means any business center established by the Agency. The term MBDC agreement means a collaborative agreement entered into between the Agency and an eligible entity under section 3(b)(2).
The term minority business enterprise has the meaning given the term in section 1108(a) of the CARES Act ( 15 U.S.C. 9007(a) ). The term rural area means an area located outside a metropolitan statistical area (as designated by the Office of Management and Budget). The term rural business center means an MBDA center with the functions described in section 3(c). The term rural minority business enterprise means a minority business enterprise located in a rural area.
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