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50 U.S.C. § 4518

Modernization of small business suppliers

United States · Title 50 — WAR AND NATIONAL DEFENSE · Status: effective

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50 U.S.C. § 4518, Modernization of small business suppliers, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/492896
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In providing any assistance under this chapter, the President shall accord a strong preference for small business concerns which are subcontractors or suppliers, and, to the maximum extent practicable, to such small business concerns located in areas of high unemployment or areas that have demonstrated a continuing pattern of economic decline, as identified by the Secretary of Labor. Funds authorized under subchapter II may be used to guarantee the purchase or lease of advance manufacturing equipment, and any related services with respect to any such equipment for purposes of this chapter. In considering proposals for subchapter II projects under paragraph (1), the President shall provide a strong preference for proposals submitted by a small business supplier or subcontractor whose proposal—

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.

  • Enacted byPub. L. 102-558(S. 347)1992-10-28
    Defense Production Act Amendments of 1992
    House: no recorded tallySenate: no recorded tally