II 115th CONGRESS 1st Session S. 690 IN THE SENATE OF THE UNITED STATES March 21, 2017 Mr. Cardin (for himself, Mr. Risch , Mrs. Shaheen , Ms. Hirono , and Mr. Van Hollen ) introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship A BILL To extend the eligibility of redesignated areas as HUBZones from 3 years to 7 years.

1. Short title This Act may be cited as the HUBZone Investment Protection Act . 2. Modification to the HUBZone program Section 3(p)(4)(C) of the Small Business Act ( 15 U.S.C. 632(p)(4)(C) ) is amended by striking until the later of and all that follows and inserting for the 7-year period following the date on which the census tract or nonmetropolitan county ceased to be so qualified. .