Pub. L. 100-656, tit. II, sec. 207

ELIGIBILITY OF NATIVE HAWAlIANS.

EnactedYear: 1988Length: 311 wordsOfficial source
SEC 207. ELIGIBILITY OF NATIVE HAWAlIANS. (a) In General.— Section 8(a) of the Small Business Act (15 U.S.C. 637(a)) is amended by adding the following new paragraph: “(15) For purposes of this subsection, the term ‘Native Hawaiian organizations’ means any community service organization serving Native Hawaiians in the State of Hawaii which— “(A) is a not-for-profit organization chartered by the State of Hawaii, “(B) is controlled by Native Hawaiians, and “(C) whose business activities will principally benefit such Native Hawaiians.”. (b) Technical Amendment.— Section 2(e)(1)(C) of such Act (15 US.C. 631(e)(2)(C)) is amended by inserting “Native Hawaiian Organizations,” after “Asian Pacific Americans,”. (c) Clarification of Definition of “Socially and Economically Disadvantaged Small Business Concern”.— Paragraph (4) of section 8(a) of such Act (15 U.S.C. 637(a)(4)) is amended to read as follows: “(4) (A) For purposes of this section, the term ‘socially and economically disadvantaged small business concern’ means any small business concern which meets the requirements of subparagraph (B) and— “(i) which is at least 51 per centum owned by— 102 STAT. 3862 “(I) one or more socially and economically disadvantaged individuals, “(II) an economically disadvantaged Indian tribe, or “(III) an economically disadvantaged Native Hawaiian organization, or “(ii) in the case of any publicly owned business, at least 51 per centum of the stock of which is owned by— “(I) one or more socially and economically disadvantaged individuals, “(II) an economically disadvantaged Indian tribe, or “(III) an economically disadvantaged Native Hawaiian organization. “(B) A small business concern meets the requirements of this subparagraph if the management and daily business operations of such small business concern are controlled by one or more— “(i) socially and economically disadvantaged individuals described in subparagraph (A)(i)(I) or subparagraph (A)(ii)(I), “(ii) members of an economically disadvantaged Indian tribe described in subparagraph (A)(i)(II) or subparagraph (A)(ii)(II), or “(iii) Native Hawaiian organizations described in subparagraph (A)(i)(III) or subparagraph (A)(ii)(III).”.
Pub. L. 100-656, tit. II, sec. 207: ELIGIBILITY OF NATIVE HAWAlIANS. | Justis AI