Sec. 11. Report on covered mentor-protege programs
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Not later than 6 months after the date of the enactment of this Act and annually thereafter, the Secretary of the Treasury shall submit to Congress a report on participants in a covered mentor-protege program, including— an analysis of outcomes of such program; the number of minority depository institutions that are eligible to participate in such program but do not have large financial institution mentors; and recommendations for how to match such minority depository institutions with large financial institution mentors.
In this section: The term covered mentor-protege program means a mentor-protege program established by the Secretary of the Treasury pursuant to section 45 of the Small Business Act ( 15 U.S.C. 657r ). The term large financial institution means any entity— regulated by the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, or the National Credit Union Administration; and that has total consolidated assets greater than or equal to $50,000,000,000.
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Sec. 11
Report on covered mentor-protege programs
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