summary
Introduced
05/19/2025
05/19/2025
In Committee
11/18/2025
11/18/2025
Crossed Over
01/26/2026
01/26/2026
Passed
Dead
Introduced Session
119th Congress
Bill Summary
AN ACT To amend the Small Business Act for microloan eligibility for the Commonwealth of the Northern Mariana Islands, and for other purposes.
AI Summary
This bill, titled the Northern Mariana Islands Small Business Access Act, amends the Small Business Act, which is a federal law designed to help small businesses. Specifically, it makes the Commonwealth of the Northern Mariana Islands eligible for the microloan program, which provides small loans to businesses. This is achieved by adding the Northern Mariana Islands to the list of territories that can receive these loans, similar to Guam, and making a minor adjustment to a fraction related to loan calculations. Additionally, a technical amendment clarifies that the microloan program applies to rural areas.
Committee Categories
Business and Industry
Sponsors (4)
Last Action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 01/26/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/3496/all-info |
| BillText | https://www.congress.gov/119/bills/hr3496/BILLS-119hr3496eh.pdf |
| BillText | https://www.congress.gov/119/bills/hr3496/BILLS-119hr3496rh.pdf |
| BillText | https://www.congress.gov/119/bills/hr3496/BILLS-119hr3496ih.pdf |
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