1. Short title
This Act may be cited as the “Northern Mariana Islands Small Business Act”.
Northern Mariana Islands Small Business Act
A BILL
To amend the Small Business Act to ensure that the Commonwealth of the Northern Mariana Islands is eligible for certain Small Business Administration programs, and for other purposes.
2. Eligibility of the Commonwealth of the Northern Mariana Islands for certain Small Business Administration programs
The Small Business Act is amended—
in section 7(m)(7)(B) (15 U.S.C. 636(m)(7)(B))—
by striking “and American Samoa” each place such term appears and inserting “American Samoa, and the Commonwealth of the Northern Mariana Islands”; and
in clause (i)(I)(bb), by striking “1/55” and inserting “1/56”;
in section 21(a) (15 U.S.C. 648(a))—
in paragraph (1), by inserting before “The Administration shall require” the following new sentence: “The previous sentence shall not apply to an applicant that has its principal office located in the Commonwealth of the Northern Mariana Islands.”; and
in paragraph (4)(C)(ix), by striking “and American Samoa” and inserting “American Samoa, and the Commonwealth of the Northern Mariana Islands”; and
in section 34(a)(9) (15 U.S.C. 657d(a)(9)), by striking “and American Samoa” and inserting “American Samoa, and the Commonwealth of the Northern Mariana Islands”.