US Congress House Bill 2592 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on May 22 2017 - 25% progression, died in committee
Action: 2017-05-22 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]

Expanding the Impact of the HUBZone Program Act of 2017 This bill amends the Small Business Act to redefine terms relating to the Historically Underutilized Business Zone (HUBZone) program as follows: "HUBZone" as any area designated on a map by the Small Business Administration (SBA) within one or more specified locations, "base closure area" and "qualified disaster area" to repeal the eight-year limitation on HUBZone eligibility, and "qualified HUBZone small business concern" to require SBA certification for up to 10 years. The SBA must determine whether or not to designate a qualified census tract or qualified nonmetropolitan county as a HUBZone immediately after the Census Bureau publicly releases the first results from the decennial census that occurs after enactment of this bill. The bill amends the Consolidated Appropriations Act, 2005 to repeal the five-year limitation on HUBZone status of base closure areas. The SBA must publish performance metrics to measure the success of the HUBZone program in promoting economic development in economically distressed areas. A small business concern that was qualified as a HUBZone small business concern on or before the enactment of this bill shall be deemed a "qualified HUBZone small business concern" for up to 10 years beginning on its first qualification and may reapply for SBA certification at the end of such period.

Expanding the Impact of the HUBZone Program Act of 2017

Rep. Nydia Velazquez [D-NY]

Date	Chamber	Action
2017-05-22	House	Referred to the House Committee on Small Business.
2017-05-22	House	Introduced in House

HB3294 (Related) 2017-07-19 - Referred to the House Committee on Small Business.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/2592/all-info
Text	https://www.congress.gov/115/bills/hr2592/BILLS-115hr2592ih.pdf