HR 4875 · 103th Congress · Commerce
Minority Business Development Act of 1994
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on SBA Legislation and the General Economy.(1994-08-03)
Plain Language Summary
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Minority Business Development Act of 1994 - Amends the Small Business Act to provide that the Small Business Administration shall not prohibit the owner of a small business concern from qualifying as an economically disadvantaged individual for purposes of receiving contract awards solely on the basis of personal net worth unless such net worth exceeds $350,000.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
4 Democrats