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Code · U.S. Code · Title 15 - COMMERCE AND TRADE · CHAPTER 14B— SMALL BUSINESS INVESTMENT PROGRAM · SUBCHAPTER I— GENERAL PROVISIONS · § 661

§ 661. Congressional declaration of policy

1,810 words·~8 min read·/usc/title-15/section-661

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

It is declared to be the policy of the Congress and the purpose of this chapter to improve and stimulate the national economy in general and the small-business segment thereof in particular by establishing a program to stimulate and supplement the flow of private equity capital and long-term loan funds which small-business concerns need for the sound financing of their business operations and for their growth, expansion, and modernization, and which are not available in adequate supply: Provided, however, That this policy shall be carried out in such manner as to insure the maximum participation of private financing sources.
It is the intention of the Congress that the provisions of this chapter shall be so administered that any financial assistance provided hereunder shall not result in a substantial increase of unemployment in any area of the country. It is the intention of the Congress that in the award of financial assistance under this chapter, when practicable, priority be accorded to small business concerns which lease or purchase equipment and supplies which are produced in the United States and that small business concerns receiving such assistance be encouraged to continue to lease or purchase such equipment and supplies.
(Pub. L. 85–699, title I, § 102, Aug. 21, 1958, 72 Stat. 689; Pub. L. 102–366, title IV, § 416, Sept. 4, 1992, 106 Stat. 1019.)
Connections263 cite this · traces to 16
Cited by 263 sections · top 60
U.S. Code
Traces to 16 documents
46 references not yet in our index
  • Pub. L. 85–699, title I, § 102
  • 72 Stat. 689
  • Pub. L. 102–366, title IV, § 416
  • 106 Stat. 1019
  • Pub. L. 85–699
  • Pub. L. 87–849
  • Pub. L. 102–366
  • Pub. L. 119–92, § 1
  • 140 Stat. 825
  • 132 Stat. 5106
  • 132 Stat. 4488
  • 132 Stat. 1489
  • Pub. L. 108–232, § 1
  • 118 Stat. 649
  • Pub. L. 107–100, § 1
  • 115 Stat. 966
  • Pub. L. 106–554, § 1(a)(8) [§ 1(a)]
  • 114 Stat. 2763
  • Pub. L. 106–554, § 1(a)(9) [title III, § 301]
  • Pub. L. 106–554, § 1(a)(9) [title IV, § 401]
  • Pub. L. 106–9, § 1
  • 113 Stat. 17
  • Pub. L. 103–403, title V, § 501
  • 108 Stat. 4198
  • Pub. L. 102–366, title IV, § 401
  • 106 Stat. 1007
  • Pub. L. 100–590, title II, § 201
  • 102 Stat. 3007
  • Pub. L. 92–595, § 1
  • 86 Stat. 1314
  • Pub. L. 90–104, title II, § 201
  • 81 Stat. 269
  • Pub. L. 89–779, § 1
  • 80 Stat. 1359
  • Pub. L. 88–273, § 1
  • 78 Stat. 146
  • Pub. L. 87–341, § 1
  • 75 Stat. 752
  • Pub. L. 86–502, § 1
  • 74 Stat. 196
+ 6 more
Citation graph
cites case law
§ 661
Congressional declaration of policy
U.S.C.×78
Bills×57
Stat.×48
Fed. Reg.×46
C.F.R.×18
Stat. Comp.×10
Pub. L.×6
Pub. L.Pub. L. 85–699, title I, § 102
Stat.72 Stat. 689
Pub. L.Pub. L. 102–366, title IV, § 416
Cites 62 · showing 12Cited by 263 across 7 sources
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