To amend the Small Business Act to change the net worth amount under the small business program for socially and economically disadvantaged individuals from $750,000 to $978,722, and for other purposes.

Summary

Amends the Small Business Act to consider an individual with a net worth of less than $978,722 as eligible for participation in a Small Business Administration (SBA) program providing grants to small businesses owned and controlled by socially and economically disadvantaged individuals. Requires such amount to be adjusted annually for inflation.

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3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 December 2009

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• Introduced in House (PDF)

  Introduced in House · EN · 9 December 2009

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 9 December 2009

  Open at official source

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