15 U.S.C. § 639b — Oversight
submitted 6 years ago by Pub. L. 116-260 to r/title-15-COMMERCE-AND-TRADE · 219 words · no verdicts yet
The Administrator must generally answer Comptroller General information requests within 15 days, or explain the delay to specified congressional committees beforehand. The Administrator and Treasury Secretary must also testify on implementation at required intervals during the stated period.
(a) Oversight compliance. (1) On and after December 27, 2020, unless paragraph (2) applies, the Administrator* must comply with a Comptroller General request or inquiry for data or information within 15 days, or by any later date the Comptroller General specifies. (2) If the Administrator cannot comply by that date, the Administrator must, before the date, notify the Senate Small Business and Entrepreneurship Committee and House Small Business Committee and give a detailed reason.
(b) Testimony. Within 120 days after December 27, 2020, and at least twice each year afterward until two years after that date, the Administrator and Treasury Secretary must testify before those two committees about implementing the Act and its amendments.
Except as provided in paragraph (2), on and after December 27, 2020, the Administrator* shall comply with any data or information requests or inquiries made by the Comptroller General of the United States* not later than 15 days (or such later date as the Comptroller General may specify) after receiving the request or inquiry.
If the Administrator is unable to comply with a request or inquiry described in paragraph (1) before the applicable date described in that paragraph, the Administrator shall, before such applicable date, submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a notification that includes a detailed justification for the inability of the Administrator to comply with the request or inquiry.
Not later than the date that is 120 days after December 27, 2020, and not less than twice each year thereafter until the date that is 2 years after December 27, 2020, the Administrator and the Secretary of the Treasury shall testify before the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives regarding implementation of this Act and the amendments made by this Act.
Source credit: (Pub. L. 116–260, div. N, title III, § 321, Dec. 27, 2020, 134 Stat. 2017.)
- 2020Enacted · Pub. L. 116-260 · 134 Stat. 2017
A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-260 on 2020-12-27.
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