Small Business Administration HUBZone Program
This report examines arguments both for and against targeting assistance to geographic areas with specified characteristics, such as low income, high poverty, or high unemployment, as opposed to providing assistance to people or businesses with specified characteristics. It then assesses the arguments both for and against the continuation of the HUBZone program. The report also discusses the HUBZone program's structure and operation, focusing on the definitions of HUBZone areas and HUBZone small businesses and the program's performance relative to federal contracting goals. The report includes an analysis of (1) the SBA's administration of the program, (2) the SBA's performance measures, and (3) the effect of the release of economic date from the 2010 decennial census on which areas qualify as a HUBZone. This report also examines P.L. 111-240, the Small Business Jobs Act of 2010, which removed certain language from the Small Business Act that had prompted federal courts and the Government Accountability Office (GAO) to find that HUBZone set-asides have "precedence" over other small business set-asides. It also discusses several bills introduced during the 112th Congress to extend the eligibility for firms that lost their HUBZone redesignated eligibility status due to the release of economic data from the 2010 decennial census, including H.R. 2131, the Protect HUBZones Act of 2011; S. 1756, the HUBZone Protection Act of 2011; S. 633, the Small Business Contracting Fraud Prevention Act of 2011; and S. 3572, the Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012. S. 633 and S. 3572 would have also required the SBA to implement several GAO recommendations designed to improve the SBA's administration of the program. Also, P.L. 112-239 , the National Defense Authorization Act for Fiscal Year 2013, extended HUBZone eligibility for BRAC base closures for an additional five years.
THE DOCUMENT INCLUDES FOLLOWING FILES:
|#||FILE NAME||Document Date||Order ID:||Number of Pages||PRICE|
|1||R41268.pdf||Jan 10, 2013||R41268||31||$19.95||ADD TO CART|