S.3020 - HUBZone Improvement Act of 2010111th Congress (2009-2010)
|Sponsor:||Sen. Snowe, Olympia J. [R-ME] (Introduced 02/23/2010)|
|Committees:||Senate - Small Business and Entrepreneurship|
|Latest Action:||Senate - 02/23/2010 Read twice and referred to the Committee on Small Business and Entrepreneurship. (All Actions)|
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Summary: S.3020 — 111th Congress (2009-2010)All Information (Except Text)
Introduced in Senate (02/23/2010)
HUBZone Improvement Act of 2010 - Directs the Administrator of the Small Business Administration (SBA) to ensure that the map used by the SBA to identify HUBZones (historically underutilized business zones) is accurate, up-to-date, and revised as new data is made available.
Requires the Administrator to: (1) implement policies for ensuring that only qualified HUBZone small businesses are participating in the HUBZone program; (2) report to the congressional small businesses concerning qualification for, and recertification of, a HUBZone small business; and (3) develop measures and implement plans to assess HUBZone program effectiveness.
Amends the Small Business Act to prohibit the Administrator, during the period beginning on the date that a small business is determined qualified as a HUBZone small business and ending the day before a HUBZone program contract for which such small business submits a bid is awarded, from determining that the small business is no longer qualified based on a failure to meet the applicable employment percentage unless, among other things, the small business has not attempted to maintain such percentage.