Section 11310 FAST Act

Public Law 114-94

114th Congress

An Act

To authorize funds for Federal-aid highways, highway safety programs,

and transit programs, and for other purposes. <<NOTE: Dec. 4,

2015 - [H.R. 22]>>

Be it enacted by the Senate and House of Representatives of the

United States of America in Congress assembled, <<NOTE: Fixing America's

Surface Transportation Act. 23 USC 101 note.>>

SECTION 1. SHORT TITLE; TABLE OF CONTENTS.

(a) Short Title.--This Act may be cited as the ``Fixing America's

Surface Transportation Act'' or the ``FAST Act''.

(b) Table of Contents.--The table of contents for this Act is as

follows:

SEC. 11310. SMALL BUSINESS PARTICIPATION STUDY.

(a) STUDY.—The Secretary shall conduct a nationwide disparity

and availability study on the availability and use of small business

concerns owned and controlled by socially and economically disadvantaged

individuals and veteran-owned small businesses in publicly

funded intercity rail passenger transportation projects.

(b) REPORT.—Not later than 2 years after the date of enactment

of this Act, the Secretary shall submit a report containing the

results of the study conducted under subsection (a) to the Committee

on Commerce, Science, and Transportation of the Senate and the

Committee on Transportation and Infrastructure of the House of

Representatives.

(c) DEFINITIONS.—In this section:

(1) SMALL BUSINESS CONCERN.—The term ‘‘small business

concern’’ has the meaning given such term in section 3 of

the Small Business Act (15 U.S.C. 632), except that the term

does not include any concern or group of concerns controlled

by the same socially and economically disadvantaged individual

or individuals that have average annual gross receipts during

the preceding 3 fiscal years in excess of $22,410,000, as adjusted

annually by the Secretary for inflation.

(2) SOCIALLY AND ECONOMICALLY DISADVANTAGED INDIVIDUAL.—

The term ‘‘socially and economically disadvantaged

individual’’ has the meaning given such term in section 8(d)

of the Small Business Act (15 U.S.C. 637(d)) and relevant

subcontracting regulations issued pursuant to such Act, except

that women shall be presumed to be socially and economically

disadvantaged individuals for purposes of this section.

(3) VETERAN-OWNED SMALL BUSINESS.—The term ‘‘veteran owned

small business’’ has the meaning given the term ‘‘small

business concern owned and controlled by veterans’’ in section

3(q)(3) of the Small Business Act (15 U.S.C. 632(q)(3)), except

that the term does not include any concern or group of concerns

controlled by the same veterans that have average annual

gross receipts during the preceding 3 fiscal years in excess

of $22,410,000, as adjusted annually by the Secretary for inflation.

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