H.R. 3496 · Passed House · Commerce
Northern Mariana Islands Small Business Access Act
Sponsor: Kimberlyn King-Hinds (R-MP)
What it does
- Expands eligibility for the Small Business Administration microloan program to entities in the Commonwealth of the Northern Mariana Islands.
- Covers a program that provides loans of up to $50,000 to small businesses.
- Also covers loans to certain nonprofit childcare centers.
Official summary
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.
Latest action
Jan 26, 2026: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Committee: Senate Small Business and Entrepreneurship