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Title 15 — Commerce and Trade

Chapter 120 — Minority Business Development

§ 9572. Composition and term

Statutory text

(a)

Composition

The Council shall be composed of 9 members of the private sector and 1 representative from each of not fewer than 10 Federal agencies that support or otherwise have duties that relate to business formation, including duties relating to labor development, monetary policy, national security, energy, agriculture, transportation, and housing.

(b)

Chair

The Under Secretary shall designate 1 of the private sector members of the Council as the Chair of the Council for a 1-year term.

(c)

Term

The Council shall meet at the request of the Under Secretary and members shall serve for a term of 2 years. Members of the Council may be reappointed.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

  1. Minority Business Development Act of 2021

    Pub. L. 117–58 div. K title V § 100502 · 135 Stat. 429

    Enacted · 15 U.S.C. § 9572

    (Pub. L. 117–58, div. K, title V, § 100502, Nov. 15, 2021, 135 Stat. 1463.)

    Source evidence

    Code source credit
    (Pub. L. 117–58, div. K, title V, § 100502, Nov. 15, 2021, 135 Stat. 1463.)

    Enacted provision · exact public law section
    SEC. 100502. COMPOSITION AND TERM. (a) Composition.— The Council shall be composed of 9 members of the private sector and 1 representative from each of not fewer than 10 Federal agencies that support or otherwise have duties that relate to business formation, including duties relating to labor development, monetary policy, national security, energy, agriculture, transportation, and housing. (b) Chair.— The Under Secretary shall designate 1 of the private sector members of the Council as the Chair of the Council for a 1-year term. (c) Term.— The Council shall meet at the request of the Under Secretary and members shall serve for a term of 2 years. Members of the Council may be reappointed.

1 of 1 references resolved to an enrolled provision

Credits

(Pub. L. 117–58, div. K, title V, § 100502, , 135 Stat. 1463.)

Parsed from the official OLRC USLM XML in data/usc_all/usc15.xml · release point 119-108 · OLRC build 2026-09-09

USLM identifier /us/usc/t15/s9572