US Congress Senate Bill 1874 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Engrossed on December 19 2011 - 50% progression, died in chamber
Action: 2011-12-19 - Held at the desk.
Text: Latest bill text (Engrossed) [PDF]

HUBZone Qualified Census Tract Act of 2011 - Requires the Secretary of Housing and Urban Development (HUD), within two months after receiving from the Census Bureau decennial census data on census tracts, to identify and publish the list of those tracts that meet the Internal Revenue Code criteria for a "qualified census tract" triggering an increase in the low-income housing income tax credit relating to buildings in high cost areas. Requires HUD to designate dates upon which the list of qualified census tracts shall become effective for: (1) areas that qualify as HUBZones (historically underutilized business zones) under the Small Business Act; and (2) purposes of those increases in the low-income housing tax credit. Declares that nothing in this Act may be construed to affect the HUD method used to designate qualified census tracts in a year in which HUD receives no data from the Census Bureau relating to census tract boundaries. Requires the Administrator of the Small Business Administration (SBA) to report to congressional small business committees: (1) a description of the benefits and drawbacks of using qualified census tract data to designate HUBZones; (2) a description of any problems encountered by the SBA in using such data; and (3) recommendations, if any, for ways to improve the process of designating HUBZones.

HUBZone Qualified Census Tract Act of 2011

Sen. Jeff Merkley [D-OR]

Sen. Mary Landrieu [D-LA]

Sen. Olympia Snowe [R-ME]

Date	Chamber	Action
2011-12-19	House	Held at the desk.
2011-12-19	House	Received in the House.
2011-12-17	Senate	Message on Senate action sent to the House.
2011-12-17	Senate	Passed Senate without amendment by Unanimous Consent. (text: CR S8781)
2011-12-17	Senate	Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S8780-8781)
2011-11-15	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/1874/all-info
Text	https://www.congress.gov/112/bills/s1874/BILLS-112s1874is.pdf
Text	https://www.congress.gov/112/bills/s1874/BILLS-112s1874es.pdf