H.R. 383 would amend the Small Business Act to revise the definition of a HUBZone with respect to counties that are highly rural but adjacent to urban areas.
Detailed Summary
HUBZone Improvement Act of 2007 - Amends the Small Business Act redefine a Hubzone Qualified Area to count as a qualified nonmetropolitan county any county located within a metropolitan statistical area if: (1) its total population is 80,000 or less; (2) the population residing within the county's urbanized areas is 10% or less of the county's total population; and (3) the county meets either a specified median household income or a specified unemployment rate requirement.
Status of the Legislation
Latest Major Action: 1/10/2007: Referred to House committee. Status: Referred to the House Committee on Small Business.
Points in Favor
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Points Against
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