Small Business Legislation of 1969: Hearings Before the Subcommittee on Small Business of the Committee on Banking and Currency, United States Senate, Ninety-first Congress, First Session, on Several Bills and a Resolution Relating to Small Business, July 8, 9, and 11, 1969Considers. S. 915 and related S. 1212, S. 1213, S. 1750, S. 1763, S. 1782, S. 2385 and S. 2540, to provide direct SBA funding to small business and to establish SBA financing system through which small business investment companies can borrow funds to lend to small businesses. S. 2408, to authorize Federal government to give qualified small business contractors priority consideration for contracts. S. Res. 176, to authorize study of meat packing industry to determine whether small business meat packers require an assistance program. |
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90th Congress 91ST CONGRESS agency amended amount Area Code 919 assistance authority Banking and Currency bill Board borrowing budget Business Capital Bank Business Investment Act business investment companies businessmen capacity and credit carcasses Chairman clean contracting officer cost debentures Department direct loan dollars equipment established facilities Federal inspection financing floor funds guarantee interest rates issue kill floor legislation license ment necessary operations packers percent perform preferred stock problem procedures processing processors procurement proposed record regulations requirements Rubel SANDOVAL sanitation SBA directive SBA loan SBA's SBIC industry SBIC program SBIC's Secretary Senator GOODELL Senator MCINTYRE Senator Sparkman slaughtering Small Business Act Small Business Administration Small Business Capital small business concerns small business firms small business investment small firms specific statement STEINMETZ subcommittee subversive tenacity and perseverance tion Treasury U.S. Senate venture capital Wholesome Meat Act
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Page 211 - And a statute which either forbids or requires the doing of an act in terms so vague that men of common intelligence must necessarily guess at its meaning and differ as to its application violates the first essential of due process of law.
Page 178 - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the bank.
Page 8 - Act of 1970, if the Administration determines that such concern is likely to suffer substantial economic injury without assistance under this paragraph.
Page 202 - We decide only that in the absence of explicit authorization from either the President or Congress the respondents were not empowered to deprive petitioner of his job in a proceeding in which he was not afforded the safeguards of confrontation and crossexamination.
Page 192 - Capacity" means the overall ability of a prospective small business contractor to meet quality, quantity, and time requirements of a proposed contract and includes ability to perform, organization, experience, technical knowledge, skills "know-how," technical equipment, and facilities or the ability to obtain them.
Page 203 - Except in cases of willfulness or those in which public health, interest, or safety requires otherwise...
Page 31 - Interest on loans made under this section shall be at a rate not less than (i) a rate determined by the Secretary of the Treasury taking into consideration the current average market yield on outstanding marketable obligations of the United States with remaining periods to maturity comparable to the average maturities of such loans adjusted to the nearest one-eighth of 1 per centum, plus (ii) an allowance adequate in the judgment of the Secretary of Transportation to cover administrative costs and...
Page 184 - Treasury which shall be not more than the higher of (1) 2% per centum per annum, or (2) the average annual interest rate on all interest-bearing obligations of the United States then forming a part of the public debt as computed at the end of the fiscal year next preceding the issuance by the Commissioner and adjusted to the nearest one-eighth of 1 per centum.
Page 199 - The power of an administrative officer or board to administer a federal statute and to prescribe rules and regulations to that end is not the power to make law, for no such power can be delegated by Congress, but the power to adopt regulations to carry into effect the will of Congress as expressed by the statute. A regulation which does not do this, but operates to create a rule out of harmony with the statute, is a mere nullity.
Page 169 - To elect or appoint directors, and by its board of directors to elect a president and a vice president, appoint a secretary and a treasurer and other officers and employees, define their duties, require bonds of them, and fix the penalty thereof...