US HB5250 | 2015-2016 | 114th Congress

Status

Sponsorship: Partisan Bill (Democrat 2)
Status: Introduced on May 16 2016 - 25% progression, died in committee
Action: 2016-05-16 - Referred to the House Committee on Small Business.
Pending: House Small Business Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Growing And Reviving Rural Economies Through Transitioning HUBZone Redesignation Act of 2016 This bill amends the Small Business Act with respect to Historically Underutilized Business Zones (HUBZones) located in qualified census tracts, qualified nonmetropolitan counties, or redesignated areas, which are census tracts or nonmetropolitan counties that cease to meet the ordinary criteria for the HUBZone program but are "redesignated" to qualify for it. The bill increases the length of time a census tract or nonmetropolitan county may be redesignated to qualify for HUBZone status from three years to seven years after the date on which the area ceased to meet the ordinary criteria.

Tracking Information

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Title

Growing And Reviving Rural Economies Through Transitioning HUBZone Redesignation Act of 2016

Sponsors


History

DateChamberAction
2016-05-16HouseReferred to the House Committee on Small Business.
2016-05-16HouseIntroduced in House

Same As/Similar To

SB2838 (Related) 2016-12-20 - By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report under authority of the order of the Senate of 12/10/2016. Report No. 114-418.

Subjects


US Congress State Sources


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