HUBZone Equity Act - Amends the Small Business Act to redefine "HUBZone small business concern" as a small business concern that is at least 51% owned and controlled by U.S. citizens (as under current law) or lawful permanent residents of the United States.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5084 Introduced in House (IH)]
113th CONGRESS
2d Session
H. R. 5084
To ensure equal access for HUBZone designations to all tax-paying small
business owners.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 11, 2014
Mr. Cardenas (for himself, Ms. Meng, Ms. Hahn, Mr. Carson of Indiana,
Mr. Vargas, Mrs. Negrete McLeod, Ms. Clarke of New York, Mr. Lowenthal,
Mr. Ruiz, and Mr. Ben Ray Lujan of New Mexico) introduced the following
bill; which was referred to the Committee on Small Business
_______________________________________________________________________
A BILL
To ensure equal access for HUBZone designations to all tax-paying small
business owners.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``HUBZone Equity Act''.
SEC. 2. AMENDMENT TO DEFINITION OF HUBZONE SMALL BUSINESS CONCERN.
Subparagraph (A) of section 3(p)(3) of the Small Business Act (15
U.S.C. 632 (p)(3)) is amended by inserting ``or lawful permanent
residents of the United States'' after ``United States citizens''.
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Introduced in House
Introduced in House
Referred to the House Committee on Small Business.
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