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119-hr-3496119th CongressWALLET

Northern Mariana Islands Small Business Access Act

Sponsored By: Representative King-Hinds, Kimberlyn [R-MP-At Large]

Passed House

Summary

Adds the Commonwealth of the Northern Mariana Islands to the Small Business Administration's microloan program. The bill would amend the Small Business Act so CNMI can participate in the SBA microloan program. It would also change a numeric eligibility parameter by replacing “1/55” with “1/56” and revise the statutory wording that defines a rural qualifier. These edits expand geographic access to microloans and tweak two technical eligibility rules within the program.

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Bill Overview

Analyzed Economic Effects

1 provisions identified: 1 benefits, 0 costs, 0 mixed.

Small business microloans for Northern Mariana Islands

This bill would add the Northern Mariana Islands to the Small Business Administration microloan program. Small businesses there would be able to apply for microloans under the program’s existing rules. It would also change a program ratio from 1/55 to 1/56 and make a technical change to a rural qualifier in the statute. The changes would take effect upon enactment.

Sponsors & CoSponsors

Sponsor

King-Hinds, Kimberlyn [R-MP-At Large]

MP • R

Cosponsors

  • Rep. Conaway, Herbert C. [D-NJ-3]

    NJ • D

    Sponsored 11/7/2025

  • Rep. Cisneros, Gilbert Ray [D-CA-31]

    CA • D

    Sponsored 11/17/2025

  • Rep. Goodlander, Maggie [D-NH-2]

    NH • D

    Sponsored 11/25/2025

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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