115th CONGRESS 1st Session |
To extend the eligibility of redesignated areas as HUBZones from 3 years to 7 years.
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
To extend the eligibility of redesignated areas as HUBZones from 3 years to 7 years.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
This Act may be cited as the “Growing and Reviving Rural Economies Through Transitioning HUBZone Redesignation Act of 2017”.
SEC. 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.”.