Resolves, that the Select Committee on Small Business, in carrying out the duties imposed upon it by S. Res. 58, Eighty-first Congress, agreed to February 20, 1950, as amended.

(LATEST SUMMARY)

Authorizes the Senate Select Committee on Small Business to examine, investigate, and make a complete study of the problems of American small and independent business and to make recommendations concerning those problems to the appropriate legislative committees of the Senate.

Authorizes the Committee, or any subcommittee thereof, from March 1, 1974, through February 28, 1975, in its discretion: (1) to make expenditures from the contingent fund of the Senate; (2) to employ personnel; (3) with the prior consent of the Government department or agency concerned and the Committee on Rules and Administration, to use on a reimbursable basis the services of personnel of any such department or agency; (4) to procure the temporary services (not in excess of one year) or intermittent services of individual consultants, or organizations thereof; and (5) to provide assistance for the members of its professional staff in obtaining specialized training.

Limits the expenses of the committee under this resolution to $168,000.

Requires the Committee to report its findings, together with such recommendations for legislation as it deems advisable, to the Senate at the earliest practicable date, but not later than February 28, 1975.