WHAT THE LAW DOINCongress, in plain words

The law › Title 15, Commerce and Trade › Chapter 14A

15 U.S.C. 631: Declaration of policy

Created in 1958 by Public Law 85-536. Changed by 15 later laws. 1 bill in this Congress would change it.

This Congress

  • H.R. 3105 Promotion and Expansion of Private Employee Ownership Act of 2025 · introduced · would change 49

How it got here

2010

  • Pub. L. 111–240, in introductory provisions, inserted "the Administrator of" before "the Small Business Administration" and "through the Associate Administrator for International Trade, and" before "in cooperation with". (Small Business Jobs Act of 2010) Law text · (b)

1997

  • Pub. L. 105–135 added subsec. (j). (Small Business Reauthorization Act of 1997) Law text · (j)

1994

  • Pub. L. 103–403 added subsec. (i). · (i)

1989

  • Pub. L. 101–37 made technical correction to directory language of Pub. L. 100–656, §207(b), which did not result in any change in text, see 1988 Amendment note below. · (f)

1988

  • Pub. L. 100–418 added subsec. (b) and redesignated former subsec. (b) as (c). Former subsec. (c) redesignated (d). · (b), (c)
  • Pub. L. 100–418 redesignated subsec. (c) as (d). Former subsec. (d) redesignated (e). · (d)
  • Pub. L. 100–656, §204(b), which directed amendment of subsec. (c)(2)(A)(v) by striking out "sole source" after "power to let" was executed to subsec. (d)(2)(A)(v) to reflect the probable intent of Congress and the intervening redesignation of subsec. (c) as (d) by Pub. L. 100–… · (d)
  • Pub. L. 100–656, §204(a)(1), which directed general amendment of subsec. (c)(2)(B), was executed to subsec. (d)(2)(B) to reflect the probable intent of Congress and the intervening redesignation of subsec. (c) as (d) by Pub. L. 100–418. Prior to amendment, subpar. (B) read as fol… · (d)
  • Pub. L. 100–418 redesignated subsecs. (d) and (e) as (e) and (f), respectively. · (e), (f)
  • Pub. L. 100–656, §207(b), as amended by Pub. L. 101–37, which directed amendment of subsec. (e)(1)(C) by inserting "Native Hawaiian Organizations," was executed to subsec. (f)(1)(C) to reflect the probable intent of Congress and the intervening redesignation of subsec. (e) as (f)… · (f)
  • Pub. L. 100–656, §204(a)(2), which directed general amendment of subsec. (e)(2), was executed to subsec. (f)(2) to reflect the probable intent of Congress and the intervening redesignation of subsec. (e) as (f) by Pub. L. 100–418. Prior to amendment, par. (2) read as follows: "It is… · (f)
  • Pub. L. 100–590, §118, added subsec. (g). · (g)
  • Pub. L. 100–533 added subsec. (h). · (h)

1986

  • Pub. L. 99–272 inserted "Indian tribes,". · (e)

1980

  • Pub. L. 96–302 included among the disadvantaged minorities Asian Pacific Americans. · (e)

1978

  • Pub. L. 95–507, §203, designated existing provisions as par. (1) and added par. (2). · (c)
  • Pub. L. 95–507, §201, added subsec. (e). · (e)

1976

  • Pub. L. 94–305 added subsec. (b) and redesignated former subsecs. (b) and (c) as (c) and (d), respectively. · (b), (c), (d)

1974

  • Pub. L. 93–386 added subsec. (b) and redesignated former subsec. (b) as (c). · (b), (c)

1961

  • Pub. L. 87–305 inserted "or subcontracts" after "contracts" in two places. · (a)
  • Pub. L. 87–70 included small-business concerns which are displaced as a result of federally aided construction programs. · (b)

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.