[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6080 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 6080

To amend the Small Business Act to expand the ability of suburban areas 
                            to be HUBZones.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 15, 2008

 Mr. Walberg introduced the following bill; which was referred to the 
                      Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
To amend the Small Business Act to expand the ability of suburban areas 
                            to be HUBZones.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``HUBZone Equity for Distressed 
Communities Act''.

SEC. 2. EQUITY FOR SUBURBAN HUBZONES.

    Section 3(p)(4) of the Small Business Act (15 U.S.C. 632(p)(4)) is 
amended by adding at the end the following:
                    ``(E) Qualified suburban area.--The term `qualified 
                suburban area' means any village, city, town, economic 
                development area governed by a public authority, 
                district, or other unit of general local government--
                            ``(i) located in a county that includes, or 
                        is located in, a metropolitan statistical area 
                        (as defined in section 143(k)(2)(B) of the 
                        Internal Revenue Code of 1986); and
                            ``(ii) that meets the income or 
                        unemployment qualifications under subparagraph 
                        (B)(ii).''.
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