109 HR 1148 IH: Insular Areas Small Business Development Act U.S. House of Representatives 2005-03-08 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 109th CONGRESS 1st Session H. R. 1148 IN THE HOUSE OF REPRESENTATIVES March 8, 2005 Ms. Bordallo (for herself, Mr. Faleomavaega, and Mrs. Christensen) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to designate Guam, the Virgin Islands, American Samoa, and the Commonwealth of the Northern Mariana Islands as historically underutilized business zones (HUBZones).

1.

Short title

This Act may be cited as the Insular Areas Small Business Development Act.

2.

Guam, Virgin Islands, American Samoa, and Northern Mariana Islands designated as HUBZones

(a)

In general

Subsection (p) of section 3 of the Small Business Act (15 U.S.C. 632(p)) is amended by adding at the end the following new paragraph: (8)

Additional definition of historically underutilized business zone

In addition to the definition under paragraph (1), the term historically underutilized business zone means any area located in Guam, the Virgin Islands, American Samoa, or the Commonwealth of the Northern Mariana Islands.. (b)

Conforming amendment

Subsection (p)(1) of section 3 of the Small Business Act (15 U.S.C. 632(p)(1)) is amended by striking The term and inserting Subject to paragraph (8), the term.