15 U.S.C. § 657f–1 — Certification of small business concerns owned and controlled by veterans
submitted 5 years ago by Pub. L. 85-536 to r/title-15-COMMERCE-AND-TRADE · 208 words · no verdicts yet
The Administrator must certify and periodically recertify that businesses qualify as small businesses owned and controlled by veterans. The Administrator must also handle challenges, verify information, and examine applicants.
(a) In general. For the program established under section 8127 of title 38, the Administrator* must (1) certify that a concern is a small business owned and controlled by veterans; and (2) require that status to be recertified periodically.
(b) Enforcement; penalties. (1) Verification of eligibility. The Administrator must establish procedures for filing, investigating, and deciding challenges to a small business’s eligibility for assistance under section 657f. An interested party may challenge the truthfulness of a certification or information the business gave under subsection (a). The procedures must also let the Administrator verify the accuracy of each certification or piece of information provided under subsection (a).
(2) Examination of applicants. The procedures must include examinations by the Administrator of businesses that make a certification or provide information under subsection (a). The examinations determine whether the statements or information are truthful.
With respect to the program established under section 8127 of title 38, the Administrator* shall—
certify the status of a concern as a small business concern owned and controlled by veterans*; and
require the periodic recertification of such status.
In carrying out this section, the Administrator shall establish procedures relating to—
the filing, investigation, and disposition by the Administration* of any challenge to the eligibility of a small business concern* to receive assistance under section 657f of this title (including a challenge, filed by an interested party, relating to the veracity of a certification made or information provided to the Administration by a small business concern under subsection (a)); and
verification by the Administrator of the accuracy of any certification made or information provided to the Administration by a small business concern under subsection (a).
The procedures established under paragraph (1) shall provide for a program of examinations by the Administrator of any small business concern making a certification or providing information to the Administrator under subsection (a), to determine the veracity of any statements or information provided as part of such certification or otherwise provided under subsection (a).
Source credit: (Pub. L. 85–536, § 2[36A], as added Pub. L. 116–283, div. A, title VIII, § 862(e), Jan. 1, 2021, 134 Stat. 3781.)
- 2021Enacted · Pub. L. 85-536 · 134 Stat. 3781
A history note hasn’t been published yet. The record shows enactment by Pub. L. 85-536 on 2021-01-01.
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