S. 3563 (111th): Rebuilding Local Business Act of 2010

Introduced:
Jun 30, 2010 (111th Congress, 2009–2010)
Sponsor:
Sen. Jeff Merkley [D-OR]
Status:
Died (Referred to Committee)
See Instead:

H.R. 6251 (same title)
Referred to Committee — Sep 29, 2010

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

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Status

This bill was introduced on June 30, 2010, in a previous session of Congress, but was not enacted.

Progress
Introduced Jun 30, 2010
Referred to Committee Jun 30, 2010
Cosponsors
2 cosponsors (1R, 1D) (show)
Committees

Senate Small Business and Entrepreneurship

The committee chair determines whether a bill will move past the committee stage.

Full Title

A bill to amend the Small Business Act to temporarily designate as a HUBZone counties that are most affected by a recession.

Summary

No summaries available.

Text

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Last updated Jun 30, 2010.
5 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

6/30/2010--Introduced.
Rebuilding Local Business Act of 2010 - Amends the Small Business Act to designate as a HUBZone (historically underutilized business zone), for purposes of assistance under such Act:
(1) an initial period rebuilding county; and
(2) an extension period rebuilding county.
Defines an initial period rebuilding county as a county, parish, or similar political subdivision:
(1) for which the Administrator of the Small Business Administration (SBA) determines that the one-year unemployment rate is at least 120% of the one-year average unadjusted unemployment rate for the United States;
(2) that is not a HUBZone or will cease to qualify as a HUBZone two years after such unemployment determination; and
(3) during the three-year period beginning on the date of such unemployment determination.
Defines an extension rebuilding county as a county, parish, or political subdivision:
(1) in which the Administrator has made the above unemployment determination;
(2) for which the above three-year period has ended;
(3) for which the Administrator determines that the unemployment rate as of a specified date is at least 140% of the average unadjusted unemployment rate; and
(4) for which such designation extends for an additional specified period after the three-year period.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)