To extend treatment of base closure areas as HUBZones for purposes of the Small Business Act.

1. Adds SEC. 888. SMALL BUSINESS HUBZONES at the end of subtitle E of title VIII

   Adds a section

   In S. 3254 · Placed on Calendar Senate

   Section 845(i) of the National Defense Authorization Act for Fiscal Year 1994 (10 U.S.C. 2371 note) is amended by striking "September 30, 2013" and inserting "September 30, 2018".

   Inserted: SEC. 888. SMALL BUSINESS HUBZONES.

   Inserted: (a) Definition.--In this section, the term "covered base closure area" means a base closure area that, on or before the date of enactment of this Act, was treated as a HUBZone for purposes of the Small Business Act (15 U.S.C. 631 et seq.) pursuant to section 152(a)(2) of the Small Business Reauthorization and Manufacturing Assistance Act of 2004 (15 U.S.C. 632 note).

   Inserted: (b) Treatment as HUBZone.--

   Inserted: (1) In General.--Subject to paragraph (2), a covered base closure area shall be treated as a hubzone the purposes of the Small Business Act (15 U.S.C. 631 et seq.) During the 5-year period beginning on the date of enactment of this Act.

   Inserted: (2) Limitation.--The total period of time that a covered base closure area is treated as a hubzone for purposes of the Small Business Act (15 U.S.C. 631 et seq) pursuant to this section and section 152(a)(2) of the Small Business Reauthorization and Manufacturing Assistance Act of 2004 (15 U.S.C. 632 note) may not exceed 5 years.

   Original wording

   At the end of subtitle E of title VIII, add the following:

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As printed