§47113. Minority and disadvantaged business participation
(a)
(1) "small business concern"-
(A) has the same meaning given that term in section 3 of the Small Business Act (15 U.S.C. 632); but
(B) does not include a concern, or group of concerns controlled by the same socially and economically disadvantaged individual, that has average annual gross receipts over the prior 3 fiscal years of more than $16,015,000, as adjusted by the Secretary of Transportation for inflation.
(2) "socially and economically disadvantaged individual" has the same meaning given that term in section 8(d) of the Act (15 U.S.C. 637(d)) and relevant subcontracting regulations prescribed under section 8(d), except that women are presumed to be socially and economically disadvantaged.
(b)
(c)
(d)
(
Revised Section | Source (U.S. Code) | Source (Statutes at Large) |
---|---|---|
47113(a) | 49 App.:2204(d)(2). | Sept. 3, 1982,
|
47113(b) | 49 App.:2204(d)(1). | |
47113(c) | 49 App.:2204(d)(4). | |
47113(d) | 49 App.:2204(d)(3). |
In subsection (a)(1)(B), the words "or individuals" are omitted because of 1:1.
In subsection (a)(2), the reference is to section 8(c) of the Act because 15:637(d) was redesignated as 15:637(c) by section 3 of the Women's Business Development Act of 1991 (
In subsection (b), the words "beginning after September 30, 1987" are omitted as obsolete.
Pub. L. 103–429
This amends 49:47113(a)(2) to correct erroneous cross-references.
Amendments
1994-Subsec. (a)(2).
Effective Date of 1994 Amendment
Amendment by
Section Referred to in Other Sections
This section is referred to in sections 47107, 47119 of this title.