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S 1292 114th Congress Senate Commerce Disaster relief and insurance Economic development Government lending and loan guarantees Military facilities and property Small business

HUBZone Revitalization Act of 2015

Introduced: May 12, 2015 See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 26, 2016
By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-269.
Jun 10, 2015
Placed on Senate Legislative Calendar under General Orders. Calendar No. 112.
Jun 10, 2015
Committee on Small Business and Entrepreneurship. Reported by Senator Vitter without amendment. Without written report.
Jun 3, 2015
Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
May 12, 2015
Read twice and referred to the Committee on Small Business and Entrepreneurship.
May 12, 2015
Introduced in Senate
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 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

HUBZone Revitalization Act of 2015

(Sec. 2) This bill amends the Small Business Act to redefine HUBZones (historically underutilized business Zones) eligible for certain assistance to include a qualified disaster area (a specified census tract or nonmetropolitan county located in a major declared disaster area or in an area where a catastrophic incident has occurred).

A qualified disaster area shall be treated as a HUBZone for 5 years after it has been declared a major disaster area or for 10 years after a catastrophic incident has occurred within it.

The Federal Emergency Management Agency shall provide the Small Business Administration with any data it needs to verify a small business's eligibility for the HUBZone small business loan program.

(Sec. 3) HUBZones shall now also include 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
  • census tract contiguous with these census tracts.

This bill also amends the Consolidated Appropriations Act, 2005 to extend HUBZone eligibility assistance for base closure areas from five years to eight years after their closure.

What's happening now May 26, 2016

By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-269.

 Related & companion bills 3
  • S 1376 Related bill National Defense Authorization Act for Fiscal Year 2016
  • S 1266 Related bill HUBZone Expansion Act of 2015
  • HR 1735 Related bill National Defense Authorization Act for Fiscal Year 2016
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Independent 1
I
King, Angus S., Jr.
Maine · May 12, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1292: HUBZone Revitalization Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-S-1292/
MLA
"S. 1292: HUBZone Revitalization Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-S-1292/.
Bluebook (legal)
S. 1292, 114th Cong. (2026), https://openamerica.io/bill/114-S-1292/.
Markdown link
[S. 1292: HUBZone Revitalization Act of 2015](https://openamerica.io/bill/114-S-1292/)
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