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2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 634d Staff and powers of Office of Advocacy us united_states_code code_section 15 COMMERCE AND TRADE 14A AID TO SMALL BUSINESS 634d 15 U.S.C. § 634d 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/s634d data/legal/raw/us/code/title-15/usc15.xml 9b129557c3fc7b044ffc0f6ed88c4a3c760fef0073689800fd160e57798fcb2e 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 08afcdbbd9419711aa3f8b429ffc68bdbc15d01b3c5224af727f453dfad32417 2026-07-04 official
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15 U.S.C. § 634d - Staff and powers of Office of Advocacy

Text

In carrying out the provisions of sections 634a to 634g of this title, the Chief Counsel for Advocacy may—

(1) employ and fix the compensation of such additional staff personnel as is deemed necessary, without regard to the provisions of title 5, governing appointments in the competitive service, and without regard to chapter 51, and subchapter III of chapter 53 of such title relating to classification and General Schedule pay rates but at rates not in excess of the lowest rate for GS15 of the General Schedule: Provided, however, That not more than 14 staff personnel at any one time may be employed and compensated at a rate not in excess of GS15, step 10, of the General Schedule;

(2) procure temporary and intermittent services to the same extent as is authorized by section 3109 of title 5;

(3) consult with experts and authorities in the fields of small business investment, venture capital, investment and commercial banking and other comparable financial institutions involved in the financing of business, and with individuals with regulatory, legal, economic, or financial expertise, including members of the academic community, and individuals who generally represent the public interest;

(4) utilize the services of the National Advisory Council established pursuant to the provisions of section 637(b)(13) of this title and in accordance with the provisions of such statute, also appoint such other advisory boards or committees as is reasonably appropriate and necessary to carry out the provisions of sections 634a to 634g of this title; and

(5) hold hearings and sit and act at such times and places as he may deem advisable.

(Pub. L. 94305, title II, § 204, June 4, 1976, 90 Stat. 669; Pub. L. 96302, title IV, § 402, July 2, 1980, 94 Stat. 850; Pub. L. 103403, title VI, §§ 605(b), 610, Oct. 22, 1994, 108 Stat. 4203, 4204.)

Notes

Editorial Notes

References in TextThe General Schedule, referred to in par. (1), is set out under section 5332 of Title 5.

Codification Section was not enacted as part of the Small Business Act which comprises this chapter.

Amendments1994—Pub. L. 103403, §§ 605(b), 610(1), in introductory provisions substituted “provisions of sections 634a to 634g of this title, the Chief” for “provisions of section 634b of this title, after consultation with and subject to the approval of the Administrator, the Chief”. Par. (1). Pub. L. 103403, § 610(2), substituted “14” for “ten” before “staff personnel”. 1980—Par. (1). Pub. L. 96302 authorized employment at any one time of ten staff personnel at rate of compensation not in excess of GS15, step 10, of the General Schedule.

Statutory Notes and Related Subsidiaries

Effective Date of 1980 AmendmentAmendment by Pub. L. 96302 effective Oct. 1, 1980, see section 507 of Pub. L. 96302, set out as a note under section 631 of this title.