[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5729 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 5729

To amend the Small Business Act to permit Native Hawaiian Organizations 
   to have status as HUBZone small business concerns, and for other 
                               purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 10, 2012

 Ms. Hanabusa introduced the following bill; which was referred to the 
                      Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
To amend the Small Business Act to permit Native Hawaiian Organizations 
   to have status as HUBZone small business concerns, and for other 
                               purposes.

    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 ``Native Hawaiian HUBZone Opportunity 
Act of 2012''.

SEC. 2. IN GENERAL.

    (a) Eligibility for Status.--Section 3(p)(3) of the Small Business 
Act (15 U.S.C. 632(p)(3)) is amended--
            (1) in subparagraph (D), by striking ``or'' at the end;
            (2) in subparagraph (E), by striking the period at the end 
        and inserting ``; or''; and
            (3) by inserting after subparagraph (E) the following:
                    ``(F) a small business concern--
                            ``(i) that is wholly owned by one or more 
                        Native Hawaiian organizations (as such term is 
                        defined in section 8(a)(15)), or by a 
                        corporation that is wholly owned by one or more 
                        Native Hawaiian organizations; or
                            ``(ii) that is owned in part by one or more 
                        Native Hawaiian organizations, or by a 
                        corporation that is wholly owned by one or more 
                        Native Hawaiian organizations, if all other 
                        owners are either United States citizens or 
                        small business concerns;''.
    (b) Regulatory Authority.--Not later than the date that is 1 year 
after the date of enactment of this Act, the Administrator of the Small 
Business Administration shall make rules to carry out the amendments 
made by this Act.
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