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S. 1292: HUBZone Revitalization Act of 2015

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S. 1292: HUBZone Revitalization Act of 2015

114th Congress · introduced 2015-05-12 · Commerce · Latest: By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-269.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2015-05-12 · official record
  2. Who proposed it: Sen. Vitter, David [R-LA] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report. Report No. 114-269. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

HUBZone Revitalization Act of 2015

Plain summary

(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.

Congressional Research Service summary (Reported to Senate without amendment), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

HUBZone Revitalization Act of 2015

Source: Congressional Research Service summary (Reported to Senate without amendment)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Sen. Vitter, David [R-LA] · 1 cosponsors

Cost estimate: CBO cost estimate: S. 1292, HUBZone Revitalization Act of 2015 (2015-07-31)

Cosponsors on this site

Angus S. King, Jr. (I-ME)

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)
Appropriation
Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong114-s1292 · catalog fed-us-congress-bills-cong114 · updated 2026-11-15 by psicol fed-bills-cong114