Loading chat...

US HB3496

Bill

Official Source

Status

Engrossed

1/26/2026

Primary Sponsor

Kimberlyn King-Hinds

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Amends Section 7(m)(7)(B) of the Small Business Act to add the Commonwealth of the Northern Mariana Islands to the SBA Microloan Program, placing it alongside Guam in eligibility provisions
  • Adjusts the microloan allocation formula from 1/55 to 1/56 to account for the addition of the Northern Mariana Islands as a new eligible jurisdiction
  • Makes a technical correction to Section 7(m)(11)(C)(ii) regarding rural area designations
  • Passed the House of Representatives on January 20, 2026

Legislative Description

Northern Mariana Islands Small Business Access Act

Commerce

Last Action

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

1/26/2026

Committee Referrals

Small Business And Entrepreneurship1/26/2026
Small Business5/19/2025

Full Bill Text

No bill text available