Contracting Credit Equality Act of 2019

Bill: 116-hr-3428
Sponsor: full_name: Rep. Velazquez, Nydia M. [D-NY-7]
Introduced: 2019-06-21
Policy area: Commerce
Subjects: American Samoa

Guam

Northern Mariana Islands

Public contracts and procurement

Small business

U.S. territories and protectorates

Virgin Islands
Latest action: action_date: 2019-06-21
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2019-06-21
action_desc: Introduced in House
text: <p><b>Contracting Credit Equality Act of 2019</b></p> <p> This bill authorizes federal agencies to double the value of contracts awarded to small businesses in the U.S. Virgin Islands, American Samoa, Guam, or the Northern Mariana Islands for the purpose of obtaining credit towards the small business contracting goal. </p>

tv_txt: I 116th CONGRESS 1st Session H. R. 3428 IN THE HOUSE OF REPRESENTATIVES June 21, 2019 Ms. Velázquez (for herself, Ms. Plaskett , Mr. Sablan , Mrs. Radewagen , and Mr. San Nicolas ) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to give small business contracting credit for certain small businesses located in United States territories, and for other purposes.

1. Short title This Act may be cited as the Contracting Credit Equality Act of 2019 . 2. Small business contracting credit for certain small businesses located in United States territories Section 15(x) of the Small Business Act ( 15 U.S.C. 644(x) ) is amended— (1) in the subsection heading, by inserting and covered territory businesses after Puerto Rico businesses ; (2) in paragraph (1), by inserting or a covered territory business after Puerto Rico business ; and (3) by adding at the end the following new paragraph: (3) Covered territory business defined In this subsection, the term covered territory business means a small business concern that has its principal office located in one of the following: (A) The United States Virgin Islands. (B) American Samoa. (C) Guam. (D) The Northern Mariana Islands. .