S 1126 · 108th Congress · Commerce
Native American Small Business Development Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S7012-7015)(2003-05-22)
Plain Language Summary
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Native American Small Business Development Act - Amends the Small Business Act to establish within the Small Business Administration (SBA) the Office of Native American Affairs, headed by an Assistant Administrator, to implement SBA programs for the development of business enterprises by Native Americans (American Indians, Alaska Natives, and Native Hawaiians). Requires the Office to assist Native American entrepreneurs to: (1) start, operate, and grow small businesses; (2) develop management and technical skills; (3) seek Federal procurement opportunities; (4) increase Native American employment opportunities; and (5) increase Native American access to capital markets. Requires the SBA to provide financial assistance to tribal governments, tribal colleges, Native Hawaiian organizations, and Alaska Native corporations to create Native American business centers. Requires each business center to conduct five-year projects for business education aid to such entities. Requires each assistance applicant to submit a five-year plan on proposed assistance and training activities. Establishes a four-year pilot program under which the SBA is authorized to award Native American development gr…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
11 Democrats1 Republican