S. Rept. 114-418 1 (2016-12-20)

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                                                       Calendar No. 482
                  114TH CONGRESS                                    REPORT
                     2d Session              SENATE                 114-418





                     SMALL  BUSINESS   TRANSFORMING AMERICA'S REGIONS
                                          ACT  OF  2016


                                 DECEMBER 20, 2016.-Ordered to be printed

                    Filed, under authority of the order of the Senate of December 10 (legislative day,
                                          December 9), 2016


                       Mr. VITTER, from the Committee on Small Business and
                              Entrepreneurship, submitted the following


                                         REPORT

                                         [To accompany S. 2838]
                    The  Committee  on Small  Business and  Entrepreneurship, to
                  which was referred the bill (S. 2838) to improve the HUBZone pro-
                  gram, having considered the same, reports favorably thereon with
                  amendments   and recommends  that the bill, as amended, do pass.
                                         I. INTRODUCTION
                    The Small Business Transforming America's Regions Act of 2016
                  was  introduced by Senator David Vitter on April 21, 2016, with
                  Senators Gary Peters and Jeanne Shaheen as cosponsors. The Act
                  would improve  the HUBZone  program. During the markup  of the
                  bill, the bill was approved by roll call vote.
                            II. HISTORY (PURPOSE & NEED FOR LEGISLATION)
                    The  SBA's Historically Underutilized Business Zone (HUBZone)
                  program  was  authorized by the Small Business Reauthorization
                  Act of 1997. The program encourages economic development in his-
                  torically underutilized business zones-HUBZones-by providing
                  federal contracts to small businesses in designated HUBZone
                  areas. In administering the HUBZone program, the SBA: (1) Deter-
                  mines which businesses are eligible to receive HUBZone contracts;
                  (2) maintains a listing of qualified HUBZone small businesses that
                  federal agencies can use to locate vendors; (3) adjudicates protests
                  of eligibility to receive HUBZone contracts; and (4) reports to the
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