Growing and Reviving Rural Economies Through Transitioning HUBZone Redesignation Act of 2017

Bill: 115-hr-2013
Sponsor: full_name: Rep. Delaney, John K. [D-MD-6]
Introduced: 2017-04-06
Policy area: Commerce
Subjects: Census and government statistics

Economic development

Public contracts and procurement

Small business
Latest action: action_date: 2017-04-06
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2017-04-06
action_desc: Introduced in House
text: <p><b>Growing and Reviving Rural Economies Through Transitioning HUBZone Redesignation Act of 2017</b></p> <p>This bill amends the Small Business Act with respect to Historically Underutilized Business Zones (HUBZones) located in qualified census tracts, qualified nonmetropolitan counties, or redesignated areas, which are census tracts or nonmetropolitan counties that cease to meet the ordinary criteria for the HUBZone program but are &quot;redesignated&quot; to qualify for it.</p> <p>The bill increases the length of time a census tract or nonmetropolitan county may be redesignated to qualify for HUBZone status from three years to seven years after the date on which the area ceased to meet the ordinary criteria.</p>

tv_txt: I 115th CONGRESS 1st Session H. R. 2013 IN THE HOUSE OF REPRESENTATIVES April 6, 2017 Mr. Delaney (for himself, Mr. Fleischmann , and Mr. Loebsack ) introduced the following bill; which was referred to the Committee on Small Business A BILL To extend the eligibility of redesignated areas as HUBZones from 3 years to 7 years.

1. Short title This Act may be cited as the Growing and Reviving Rural Economies Through Transitioning HUBZone Redesignation Act of 2017 . 2. Modification to the HUBZone program Section 3(p)(4)(C) of the Small Business Act ( 15 U.S.C. 632(p)(4)(C) ) is amended by striking until the later of and all that follows and inserting for the 7-year period following the date on which the census tract or nonmetropolitan county ceased to be so qualified. .