Equal Opportunity Enterprise Act

Equal Opportunity Enterprise Act - Title I: Amendments Affecting the Small Business Act - Amends the Small Business Act to establish the Office of Socially and Economically Disadvantaged- Owned Small Business Assistance Personnel in the Small Business Administration (S.B.A.) to work with all agencies of the Government having procurement powers in order to identify contracts suitable for disadvantaged American concerns and within each regional office of the S.B.A. to supervise and coordinate small business programs. Requires that such Personnel shall make semiannual reports to the Associate Administrator for Minority Small Business and Procurement Assistance concerning the allocation of procurement contracts.

Directs the Administrator of the S.B.A. to appoint an Associate Administrator for Minority Small Business and Procurement Assistance.

Increases the authorization for appropriations in the small business loan program and requires that not less than 15 percent of aggregate direct loans shall be made to minority small business concerns.

Provides statutory standards for contracting and subcontracting by the United States with respect to minority businesses.

Requires that the Administration of the S.B.A. shall report to Congress and the President concerning the development of minority small businesses.

Authorizes $201,600,000 to be appropriated for fiscal year 1977 for purposes of this title.

Title II: Amendments to the Federal Property and Administrative Services Act of 1949 - Requires that a Utilization of Small Business Enterprises owned by Socially and Economically Disadvantaged Americans clause appear in specified Government contracts. Requires that specified Government contractors establish and conduct a Subcontracting Program for Business Enterprises Owned by Socially and Economically Disadvantaged Americans which includes: (1) designation of a liaison officer to administer the Contractor's program; (2) consideration of the potentialities of minority business enterprises in all "make or buy" decisions to provide materials or services; and (3) maintenance of records concerning procedures adopted and subcontracts awarded.

Sets forth other preferences which will be extended to minority business enterprises.

Title III: Committee on Federal Assistance to Minority Enterprise - Establishes the Committee on Federal Assistance to Minority Enterprise composed of 15 members to be appointed by the President with the consent of the Senate, from members of minority groups who are knowledgeable in minority participation in the economy. Provides for the compensation and terms of office of the members and the appointment of an Executive Director.

Directs the Committee to develop methods for delivery of financial assistance to minority enterprises; for generating markets for goods and services; and for providing effective business education and technical assistance.

Grants the Committee powers including: the holding of hearings, and information gathering from any Federal agency, in order to carry out the goals of this Act.

Requires the Committee to submit semiannual reports to each House of Congress concerning its activities.

Authorizes $748,000 to be appropriated for fiscal year 1977.