,,ii  #aae? ,,congress  #a/ ,session    
,s4 #ibi  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,april #be1 #bjag,mrs4 
,%ahe5 introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,small ,bus9ess & ,entrepr5eur%ip  ,a   
,,bill  ,to improve ! ,h,u,b,zone       
program4  #a4 ,%ort title ,?is ,act may 
be cit$ z ! ,inve/ 9 ,rural ,small      
,bus9ess ,act ( #bjag4  #b4 ,flexibility
 = resid5cy 9 ,h,u,b,zones ,section     
#c7p77#e77;,a77i77,i7 ( ! ,small        
,bus9ess ,act 7#ae ,u4,s4,c4            
#fcb7p77#e77;,a77i77,i77 is am5d$ by    
/rik+ #ce p]c5t ea* place t t]m appe>s &
 ins]t+ #cc p]c5t4  #c4 ,enabl+ local   
communities to maximize economic        
pot5tial ,! ,small ,bus9ess ,act 7#ae   
,u4,s4,c4 #fca et seq47 is am5d$-- 7#a7 
9 section #c7p77#a7 7#ae ,u4,s4,c4      
#fcb7p77#a77--  7,a7 9 subp>agraph 7,e71
 by /rik+ or at ! end2  7,b7 by         
r$esignat+ subp>agraph 7,f7 z           
subp>agraph 7,g72 &  7,c7 by ins]t+ aft]
 subp>agraph 7,e7 ! foll[+3  7,f7 ano!r 

qualifi$ area designat$ by !            
,adm9i/rator "u section #ca7;d72 or  2 &
  7#b7 9 section #ca 7#ae ,u4,s4,c4     
#feg;a7-- 7,a7 by r$esignat+ subsection 
7d7 z subsection 7e72 &  7,b7 by ins]t+ 
aft] subsection 7c7 ! foll[+3  7d7 ,o!r 
qualifi$ areas  7#a7 ,def9itions ,9 ?is 
subsection--  7,a7 ! t]m cov]$ area     
means an area 9 a ,/ate-- 7i7 t is      
locat$ outside ( an urbaniz$ area1 z    
det]m9$ by ! ,bureau ( ! ,c5sus2 &  7ii7
 ) a population ( n m ?an #ej1jjj2  7,b7
 ! t]m gov]nor means ! *ief executive ( 
a ,/ate2 &  7,c7 ! t]m ,/ate means ea* (
 ! sev]al ,/ates1 ! ,di/rict (          
,columbia1 ! ,commonweal? ( ,pu]to      
,rico1 ! ,virg9 ,isl&s1 ,guam1 !        
,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1
 & ,am]ican ,samoa4  7#b7 ,designation  
,a gov]nor may petition ! ,adm9i/rator  
to designate "o or m cov]$ areas z a    
,h,u,b,zone if ! av]age unemploym5t rate
 ( ea* cov]$ area is n less ?an #abj    
p]c5t ( ! av]age unemploym5t rate ( !   
,unit$ ,/ates or ( ! ,/ate 9 :i* ! cov]$

 area is locat$1 :i*ev] is less1 bas$ on
 ! mo/ rec5t data available f ! ,am]ican
 ,community ,survey conduct$ by !       
,bureau ( ! ,c5sus4  7#c7 ,crit]ia ,9   
review+ a petition submitt$ by a gov]nor
 "u p>agraph 7#b71 ! ,adm9i/rator may   
consid]--  7,a7 ! pot5tial = job        
creation & inve/m5t2  7,b7 ! demon/rat$ 
int]e/ ( small bus9ess conc]ns 9 ! cov]$
 area to p>ticipate 9 ! ,h,u,b,zone     
program e/abli%$ "u section #ca2 &  7,c7
 ! consid]ation by ,/ate & local        
gov]nm5t (ficials ( a ,h,u,b,zone z "p (
 an economic developm5t /rategy4  7#d7  
,petition ,) respect to a petition      
submitt$ by a gov]nor to ! ,adm9i/rator 
"u p>agraph 7#b7-- 7,a7 ! gov]nor may   
submit n m ?an #a petition 9 a fiscal   
ye> unless ! ,adm9i/rator det]m9es t an 
additional petition f ! ,/ate ( !       
gov]nor is appropriate2  7,b7 ! gov]nor 
may n submit a petition = m ?an #aj     
p]c5t ( ! total numb] ( cov]$ areas 9 ! 
,/ate ( ! gov]nor2 &  7,c7 if !         
,adm9i/rator grants ! petition &        

designates "o or m cov]$ areas z a      
,h,u,b,zone1 ! gov]nor %all1 n less     
frequ5tly ?an annually1 submit data to !
 ,adm9i/rator c]tify+ t ea* cov]$ area  
cont9ues to meet ! requirem5ts ( clauses
 7i7 & 7ii7 ( p>agraph 7#a77;,a74  7#e7 
,process ,! ,adm9i/rator %all e/abli%   
proc$ures-- 7,a7 to ensure t !          
,adm9i/ration accepts petitions "u      
p>agraph 7#b7 f all ,/ates ea* fiscal   
ye>2 &  7,b7 to provide te*nical        
assi/ance1 be=e ! fil+ ( a petition "u  
p>agraph 7#b71 to a gov]nor :o is       
int]e/$ 9 fil+ su* a petition4  4  #d4  
,ensur+ timely consid]ation (           
,h,u,b,zone applications ,section       
#c7p77#e7 ( ! ,small ,bus9ess ,act 7#ae 
,u4,s4,c4 #fcb7p77#e77 is am5d$ by add+ 
at ! end ! foll[+3  7,c7 ,review (      
applications ,n lat] ?an #fj days aft] !
 date on :i* ! ,adm9i/rator receives an 
application f a small bus9ess conc]n to 
be c]tifi$ z a qualifi$ ,h,u,b,zone     
small bus9ess conc]n "u subp>agraph     
7,a77i71 ! ,adm9i/rator %all approve or 

d5y ! application4  4