119th CONGRESS 1st Session |
To amend the Small Business Act for microloan eligibility for the Commonwealth of the Northern Mariana Islands, and for other purposes.
May 19, 2025
Ms. King-Hinds introduced the following bill; which was referred to the Committee on Small Business
To amend the Small Business Act for microloan eligibility for the Commonwealth of the Northern Mariana Islands, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Northern Mariana Islands Small Business Access Act”.
SEC. 2. Inclusion of the Commonwealth of the Northern Mariana Islands in the microloan program.
(a) In general.—Section 7(m)(7)(B) of the Small Business Act (15 U.S.C. 636(m)(7)(B)) is amended by inserting “, the Commonwealth of the Northern Mariana Islands” after “Guam” each place it appears.
(b) Technical amendment.—Section 7(m)(11)(C)(ii) of the Small Business Act (15 U.S.C. 636(m)(11)(C)(ii)) is amended by striking “rural” and all that follows through the end of the clause and inserting “rural; and”.