3.0.0 1292 2023-01-11T13:30:46Z 2023-01-11T13:30:46Z Senate S 2015-05-12 114 sssb00 Small Business and Entrepreneurship Committee Senate Standing Reported by 2015-06-10T21:13:09Z Markup by 2015-06-03T14:00:00Z Referred to 2015-05-12T15:36:41Z S. Rept. 114-269 National Defense Authorization Act for Fiscal Year 2016 114 1376 S 2015-05-19 Placed on Senate Legislative Calendar under General Orders. Calendar No. 88. Related bill CRS HUBZone Expansion Act of 2015 114 1266 S 2015-05-11 Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S2761-2762) Related bill CRS National Defense Authorization Act for Fiscal Year 2016 114 1735 HR 2015-10-22 Vetoed by President. Related bill CRS 2016-05-26 sssb00 Small Business and Entrepreneurship Committee Senate By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-269. Floor 2016-05-26 By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-269. Committee 14900 9 Library of Congress sssb00 Small Business and Entrepreneurship Committee 2015-06-10 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 112. Calendars 2015-06-10 sssb00 Small Business and Entrepreneurship Committee Senate Committee on Small Business and Entrepreneurship. Reported by Senator Vitter without amendment. Without written report. Committee 2015-06-10 Committee on Small Business and Entrepreneurship. Reported by Senator Vitter without amendment. Without written report. Committee 14000 9 Library of Congress sssb00 Small Business and Entrepreneurship Committee 2015-06-03 sssb00 Small Business and Entrepreneurship Committee Senate Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably. Committee 2015-05-12 sssb00 Small Business and Entrepreneurship Committee Senate Read twice and referred to the Committee on Small Business and Entrepreneurship. IntroReferral 2015-05-12 Introduced in Senate IntroReferral 10000 9 Library of Congress V000127 Sen. Vitter, David [R-LA] David Vitter R LA N K000383 Sen. King, Angus S., Jr. [I-ME] Angus King I ME S. 2015-05-12 True 2015-07-31T18:14:00Z S. 1292, HUBZone Revitalization Act of 2015 https://www.cbo.gov/publication/50697 As ordered reported by the Senate Committee on Small Business and Entrepreneurship on June 3, 2015 Commerce Disaster relief and insurance Economic development Government lending and loan guarantees Military facilities and property Small business Commerce 00 2015-05-12 Introduced in Senate 2015-07-28T16:24:51Z HUBZone Revitalization Act of 2015

This bill amends the Small Business Act to redefine HUBZones (historically underutilized business Zones) eligible for certain assistance to include a qualified disaster area (a specified census tract or nonmetropolitan county located in a major declared disaster area or in an area where a catastrophic incident has occurred).

A qualified disaster area shall be treated as a HUBZone for 5 years after it has been declared a major disaster area or for 10 years after a catastrophic incident has occurred within it.

The Federal Emergency Management Agency shall provide the Small Business Administration with any data it needs to verify a small business's eligibility for the HUBZone small business loan program.

HUBZones shall now also include areas that can be used by small businesses whose principal offices are located in base closure HUBZones, with at least 35% of their employees residing in:

  • a HUBZone,
  • a census tract in which the base closure HUBZone is wholly contained,
  • a census tract that intersects the boundaries of the base closure HUBZone, or
  • census tract contiguous with these census tracts.

HUBZone eligibility assistance for base closure areas is extended from five years to eight years after their closure.

]]> 80 2015-06-10 Reported to Senate without amendment 2015-07-29T18:53:46Z (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

HUBZone Revitalization Act of 2015

(Sec. 2) This bill amends the Small Business Act to redefine HUBZones (historically underutilized business Zones) eligible for certain assistance to include a qualified disaster area (a specified census tract or nonmetropolitan county located in a major declared disaster area or in an area where a catastrophic incident has occurred).

A qualified disaster area shall be treated as a HUBZone for 5 years after it has been declared a major disaster area or for 10 years after a catastrophic incident has occurred within it.

The Federal Emergency Management Agency shall provide the Small Business Administration with any data it needs to verify a small business's eligibility for the HUBZone small business loan program.

(Sec. 3) HUBZones shall now also include areas that can be used by small businesses whose principal offices are located in base closure HUBZones, with at least 35% of their employees residing in:

  • a HUBZone,
  • a census tract in which the base closure HUBZone is wholly contained,
  • a census tract that intersects the boundaries of the base closure HUBZone, or
  • census tract contiguous with these census tracts.

This bill also amends the Consolidated Appropriations Act, 2005 to extend HUBZone eligibility assistance for base closure areas from five years to eight years after their closure.

]]> HUBZone Revitalization Act of 2015 Display Title HUBZone Revitalization Act of 2015 Official Title as Introduced A bill to amend the Small Business Act to treat certain qualified disaster areas as HUBZones and to extend the period for HUBZone treatment for certain base closure areas, and for other purposes. Introduced in Senate IS Short Titles as Introduced HUBZone Revitalization Act of 2015 Short Titles as Reported to Senate HUBZone Revitalization Act of 2015 S Senate Reported to Senate 2015-06-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1292rs/xml/BILLS-114s1292rs.xml Introduced in Senate 2015-05-12T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114s1292is/xml/BILLS-114s1292is.xml 2016-05-26 By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-269. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.