S. 1266 · 114th Congress
HUBZone Expansion Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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CollinsSponsor1 cosponsor · 1 I
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill amends the Small Business Act to expand the HUBZone (historically underutilized business zone) program of Small Business Administration loans to small businesses in HUBZone areas for communities affected by base realignment and closure .
What it does: CRS summary · Introduced in Senate · May 11, 2015
HUBZone Expansion Act of 2015
This bill amends the Small Business Act to expand the HUBZone (historically underutilized business zone) program of Small Business Administration loans to small businesses in HUBZone areas for communities affected by base realignment and closure.
The expansion includes the areas that can be used by small businesses whose principal offices are located in base closure HUBZones, with at least 35% of their employees residing in:
- a HUBZone,
- a census tract in which the base closure HUBZone is wholly contained,
- a census tract that intersects the boundaries of the base closure HUBZone, or
- a census tract contiguous with these census tracts.
HUBZone eligibility assistance for base closure areas is extended from five years to eight years after their closure.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: HUBZone Expansion Act of 2015
Latest action (May 11, 2015): Read twice and referred to the Committee on Small Business and Entrepreneurship. (Sponsor introductory remarks on measure: CR S2761-2762)
Policy area: Commerce · Origin: Senate · Introduced: May 11, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.