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15 U.S.C. § 631

Declaration of policy

United States · Title 15 — COMMERCE AND TRADE · Status: effective

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15 U.S.C. § 631, Declaration of policy, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/440462
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The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business, and opportunities for the expression and growth of personal initiative and individual judgment be assured. The preservation and expansion of such competition is basic not only to the economic well-being but to the security of this Nation. Such security and well-being cannot be realized unless the actual and potential capacity of small business is encouraged and developed. It is the declared policy of the Congress that the Government should aid, counsel, assist, and protect, insofar as is possible, the interests of small-business concerns in order to preserve free competitive enterprise, to insure that a fair proportion of the total purchases and contracts or subcontracts for property and services for the Government (including but not limited to contracts or subcontracts for maintenance, repair, and construction) be placed with small-business enterprises, to insure that a fair proportion of the total sales of Government property be made to such enterprises, and to maintain and strengthen the overall economy of the Nation. It is the declared policy of the Congress that the Federal Government, through the Administrator of the Small Business Administration, acting through the Associate Administrator for International Trade, and in cooperation with the Department of Commerce and other relevant State and Federal agencies, should aid and assist small businesses, as defined under this chapter, to increase their ability to compete in international markets by— It is the declared policy of the Congress that the Government, through the Small Business Administration, should aid and assist small business concerns which are engaged in the production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries; and the financial assistance programs authorized by this chapter are also to be used to assist such concerns. With respect to the programs authorized by section 636(j) of this title, the Congress finds— It is therefore the purpose of the programs authorized by section 636(j) of this title to— Further, it is the declared policy of the Congress that the Government should aid and assist victims of floods and other catastrophes, and small-business concerns which are displaced as a result of federally aided construction programs. with 22 So in original. Probably should be capitalized. respect to the Administration’s business development programs the Congress finds— It is therefore the purpose of section 637(a) of this title to— In administering the disaster loan program authorized by section 636 of this title, to the maximum extent possible, the Administration shall provide assistance and counseling to disaster victims in filing applications, providing information relevant to loan processing, and in loan closing and prompt disbursement of loan proceeds and shall give the disaster program a high priority in allocating funds for administrative expenses. With respect to the programs and activities authorized by this chapter, the Congress finds that— It is, therefore, the purpose of those programs and activities conducted under the authority of this chapter that assist women entrepreneurs to— None of the funds made available pursuant to this chapter may be used to provide any direct benefit or assistance to any individual in the United States if the Administrator or the official to which the funds are made available receives notification that the individual is not lawfully within the United States. In complying with the statement of congressional policy expressed in subsection (a), relating to fostering the participation of small business concerns in the contracting opportunities of the Government, each Federal agency, to the maximum extent practicable, shall—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.

  • Amended byPub. L. 93-386(S. 3331)1974-08-23
    Small Business Amendments of 1974
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 94-305(S. 2498)1976-06-04
    An Act to amend the Small Business Act and Small Business Investment Act of 1958 to provide additional assistance under such Acts, to create a pollution control financing program for small business, and for other purposes.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 95-507(H.R. 11318)1978-10-24
    A bill to amend the Small Business Act and the Small Business Investment Act of 1958.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 96-302(S. 2698)1980-07-02
    An original bill to provide authorizations for the Small Business Administration, and for other purposes.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 99-272(H.R. 3128)1986-04-07
    Consolidated Omnibus Budget Reconciliation Act of 1985
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-418(H.R. 4848)1988-08-23
    Omnibus Trade and Competitiveness Act of 1988
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-533(H.R. 5050)1988-10-25
    Women's Business Ownership Act of 1988
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-590(H.R. 4174)1988-11-03
    Small Business Administration Reauthorization and Amendment Act of 1988
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-656(H.R. 1807)1988-11-15
    Business Opportunity Development Reform Act of 1988
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 101-37(S. 767)1989-06-15
    Business Opportunity Development Reform Act Technical Corrections Act
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 103-403(S. 2060)1994-10-22
    Small Business Administration Reauthorization and Amendments Act of 1994
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 105-135(S. 1139)1997-12-02
    Small Business Reauthorization Act of 1997
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 111-240(H.R. 5297)2010-09-27
    Small Business Jobs Act of 2010