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Volume 73

Public Law 86–367

To amend the Small Business Act, and for other purposes.

Approved September 22, 1959

Statutory text

AN ACT

To amend the Small Business Act, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

That subsection 4(c) of the Small Business Act is amended—

(1)

by striking out “$900,000,000” in two places and inserting in lieu thereof “$975,000,000”; and

(2)

by striking out “$500,000,000” and inserting in lieu thereof “$575,000,000”.

Sec. 2.

Subsection 7(d) of the Small Business Act is amended by

72 Stat. 698.

15 USC 636.

striking out the last sentence thereof: Provided, however, That nothing in this section shall prevent the use of the funds made to remain available for grants for research and management counseling during the fiscal year ending June 30, 1960, by title III of Public Law 86–88.

Ante, p. 209.

Approved September 22, 1959.

Parsed from the official Statutes at Large USLM XML in 73.xml