S. 961 · 108th Congress

A bill to expand the scope of the HUBZone program to include difficult development areas.

Stage
In committee
Introduced
2003-04-30
Latest action
2003-04-30 · Introduced in Senate

Summary

Amends the Small Business Act concerning the HUBZone program (Small Business Administration assistance for start-up businesses in historically underutilized business areas) to qualify under the program any county in which there is a difficult development area (area having high construction, land, and utility costs relative to median gross income), as designated by the Secretary of Housing and Urban Development under tax credit provisions of the Internal Revenue Code.