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LegalText 15 U.S.C. § 639b Oversight us united_states_code code_section 15 COMMERCE AND TRADE 14A AID TO SMALL BUSINESS 639b 15 U.S.C. § 639b current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s639b data/legal/raw/us/code/title-15/usc15.xml 607bc74bc5d1234d08ee7c53391dabaa5e981432532f66ac2627d2925fb2fad4 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 dcbc35551e8916c96fdc38c6d7ecc1fb71803ad0f7752eca53cd75c89d7de031 2026-07-04 official
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15 U.S.C. § 639b - Oversight

Text

(a) Compliance with oversight requirements (1) In general Except as provided in paragraph (2), on and after December 27, 2020, the Administrator shall comply with any data or information requests or inquiries made by the Comptroller General of the United States not later than 15 days (or such later date as the Comptroller General may specify) after receiving the request or inquiry.

(2) Exception If the Administrator is unable to comply with a request or inquiry described in paragraph (1) before the applicable date described in that paragraph, the Administrator shall, before such applicable date, submit to the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives a notification that includes a detailed justification for the inability of the Administrator to comply with the request or inquiry.

(b) Testimony Not later than the date that is 120 days after December 27, 2020, and not less than twice each year thereafter until the date that is 2 years after December 27, 2020, the Administrator and the Secretary of the Treasury shall testify before the Committee on Small Business and Entrepreneurship of the Senate and the Committee on Small Business of the House of Representatives regarding implementation of this Act and the amendments made by this Act.

(Pub. L. 116260, div. N, title III, § 321, Dec. 27, 2020, 134 Stat. 2017.)

Notes

Editorial Notes

References in TextThis Act, referred to in subsec. (b), probably means title III of div. N of Pub. L. 116260, Dec. 27, 2020, 134 Stat. 1993, known as the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act. For complete classification of title III to the Code, see Short Title of 2020 Amendment note set out under section 9001 of this title and Tables.

Codification Section was enacted as part of the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, and not as part of the Small Business Act which comprises this chapter.

Statutory Notes and Related Subsidiaries

Effective DateSection effective on Dec. 27, 2020, and applicable to loans and grants made on or after Dec. 27, 2020, see section 348 of Pub. L. 116260, set out as an Effective Date of 2020 Amendment note under section 636 of this title.

Definition of “Administrator” “Administrator” means the Administrator of the Small Business Administration, see section 302 of Pub. L. 116260, set out as a note under section 9001 of this title.