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United States of America (1,638) > Economic and social policy (36)

Name: Business Opportunity Development Reform Act of 1988. Public Law 100-656 (H.R. 1807).
Country: United States of America
Subject(s): Equality of opportunity and treatment; Economic and social policy
Type of legislation: Law, Act
Adopted on: 1988-11-15
Entry into force:
Published on: U.S. Code Congressional and Administrative News, 1989-01, No. 10, p. 102 STAT. 3853
ISN: USA-1988-L-8062
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=8062&p_lang=en
Bibliography: U.S. Code Congressional and Administrative News, 1989-01, No. 10, p. 102 STAT. 3853
Abstract/Citation: This law, amending the Small Business Act, revises the federal programme for minority business with access to the federal procurement system. The new law establishes a mandate that minority firms develop business outside this programme in order to continue receiving benefits under this programme. A firm may receive assistance under this programme for no more than nine years. There are increased penalties for front companies, i.e. companies in which a nondisadvantaged person is the real person of interest.

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