S 1907 · 109th Congress · Commerce

Native American Small Business Development Act of 2005

Introduced 2005-10-21· Sponsored by Sen. Johnson, Tim [D-SD]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Small Business and Entrepreneurship.(2005-10-21)

Plain Language Summary

[AI summary unavailable — showing source text] Native American Small Business Development Act of 2005 - 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 develo…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (11)

9 Democrats2 Republicans