Northern Mariana Islands Small Business Access Act

Northern Mariana Islands Small Business Access Act

This bill expands eligibility for the Small Business Administration microloan program to include entities in the Commonwealth of the Northern Mariana Islands.

The microloan program provides loans up to $50,000 for small businesses and certain nonprofit childcare centers.

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3496 Introduced in House (IH)]

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119th CONGRESS
  1st Session
                                H. R. 3496

   To amend the Small Business Act for microloan eligibility for the 
 Commonwealth of the Northern Mariana Islands, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 19, 2025

Ms. King-Hinds introduced the following bill; which was referred to the 
                      Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
   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,

SECTION 1. SHORT TITLE.

    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''.
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