Text: H.R.3428 — 116th Congress (2019-2020)All Information (Except Text)

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Introduced in House (06/21/2019)


116th CONGRESS
1st Session
H. R. 3428


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.


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.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Contracting Credit Equality Act of 2019”.

SEC. 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.”.