HUBZone Equity Act

Bill: 114-hr-4156
Sponsor: full_name: Rep. Cárdenas, Tony [D-CA-29]
Introduced: 2015-12-02
Policy area: Commerce
Subjects: Economic development

Foreign labor

Immigration status and procedures

Public contracts and procurement

Small business
Latest action: action_date: 2015-12-02
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2015-12-02
action_desc: Introduced in House
text: <p><b>HUBZone Equity Act</b></p> <p>This bill amends the Small Business Act to redefine &quot;Historically Underutilized Business Zone (HUBZone) small business concern&quot; as a small business concern that is at least 51% owned and controlled by U.S. citizens (as under current law) or lawful permanent residents of the United States.</p>

tv_txt: I 114th CONGRESS 1st Session H. R. 4156 IN THE HOUSE OF REPRESENTATIVES December 2, 2015 Mr. Cárdenas (for himself, Mr. Ellison , Mr. Vargas , Ms. Clarke of New York , Ms. Meng , Mr. Pocan , Mr. Takano , Mr. Polis , Mrs. Torres , Mr. Carson of Indiana , and Mr. Lowenthal ) introduced the following bill; which was referred to the Committee on Small Business A BILL To ensure equal access for HUBZone designations to all tax-paying small business owners.

1. Short title This Act may be cited as the HUBZone Equity Act . 2. Amendment to definition of HUBZone small business concern Subparagraph (A) of section 3(p)(3) of the Small Business Act ( 15 U.S.C. 632(p)(3) ) is amended by inserting or lawful permanent residents of the United States after United States citizens .