Senate Bill 690
115th Congress(2017-2018)
HUBZone Investment Protection Act
Introduced
Introduced in Senate on Mar 21, 2017
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
690
Congress
115
Policy Area
Commerce
Commerce
Primary focus of measure is business investment, development, regulation; small business; consumer affairs; competition and restrictive trade practices; manufacturing, distribution, retail; marketing; intellectual property. Measures concerning international competitiveness and restrictions on imports and exports may fall under Foreign Trade and International Finance policy area.
No Senate votes have been held for this bill.
Summary
HUBZone Investment Protection Act
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 "redesignated" to qualify for it.
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.
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08/02/2017
Placed on Senate Legislative Calendar under General Orders. Calendar No. 196.
08/02/2017
Committee on Small Business and Entrepreneurship. Reported by Senator Risch without amendment. Without written report.
08/02/2017
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
03/21/2017
Read twice and referred to the Committee on Small Business and Entrepreneurship.
03/21/2017
Introduced in Senate
Public Record
Record Updated
Jan 11, 2023 1:36:14 PM