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S. 961

BillFederalSenateIn Committee
A bill to expand the scope of the HUBZone program to include difficult development areas.
About This Bill
Committee
Latest Action · April 30, 2003
Read twice and referred to the Committee on Small Business and Entrepreneurship. (text of measure as introduced: CR S5608)
Congress
108th (2003–2005)
Introduced
April 30, 2003
Cosponsors (0)
None
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Summary

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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.

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