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United States · Bill · S

S. 929 (115th)

Invest in Rural Small Business Act of 2017

openUnited States· United States Congress· EN

Introduced

25 April 2017

Last action

2 August 2017 · Reported

Status

Placed on Senate Legislative Calendar under General Orders. Calendar No. 197.

Sponsors

Sen. Shaheen, Jeanne [D-NH], Sen. Brown, Sherrod [D-OH], Sen. Duckworth, Tammy [D-IL]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Summary

Invest in Rural Small Business Act of 2017 This bill amends the Small Business Act to modify the definition of qualified Historically Underutilized Business Zone (HUBZone) small business concern to reduce from 35% to 33% the number of a small firm's employees required to live within a HUBZone. The HUBZone program is expanded to include a qualified area located outside of an urbanized area with a population of 50,000 or less (covered area) designated by the Small Business Administration (SBA) in response to a petition by the governor of a state, the District of Columbia, or a U.S. territory. The SBA: may designate as a HUBZone, in response to a governor's petition, a covered area that has an average unemployment rate at least 120% of the average U.S. or state unemployment rate, whichever is less; shall establish procedures to ensure that it accepts petitions from all states each fiscal year and give an interested governor technical assistance before a petition is filed; and must approve or deny, within 60 days upon receipt, a small business concern's application for certification as a qualified HUBZone small business concern.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 25 April 2017

    Introduced

    Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Source: IntroReferral

  2. 25 April 2017

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 26 April 2017

    Committee

    Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-58.

    Source: Committee

  4. 2 August 2017

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 197.

    Source: Calendars

  5. 2 August 2017

    Reported

    Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.

    Source: Committee

  6. 2 August 2017

    Reported

    Committee on Small Business and Entrepreneurship. Reported by Senator Risch with amendments. Without written report.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Reported to Senate (text)

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  • Reported to Senate (text)

    Reported to Senate · EN · 2 August 2017

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  • Reported to Senate (PDF)

    Reported to Senate · EN · 2 August 2017

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  • Reported to Senate with amendment(s)

    summary · EN · 2 August 2017

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 25 April 2017

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  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 25 April 2017

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  • Introduced in Senate

    summary · EN · 25 April 2017

    Open at official source

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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