Minority Business Development Act of 1994 - Amends the Small Business Act to provide that the Small Business Administration shall not prohibit the owner of a small business concern from qualifying as an economically disadvantaged individual for purposes of receiving contract awards solely on the basis of personal net worth unless such net worth exceeds $350,000.
Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
Referred to the Subcommittee on SBA Legislation and the General Economy.
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