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Senate Bill 3562
115th Congress(2017-2018)
Small Business Runway Extension Act of 2018
Introduced
Introduced
Introduced in Senate on Oct 9, 2018
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S. 3562 (Reported-in-Senate)

Calendar No. 636

115th CONGRESS
2d Session
S. 3562


To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

IN THE SENATE OF THE UNITED STATES

October 9, 2018

Mr. Cardin introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship

October 11, 2018

Reported by Mr. Risch, without amendment

A BILL

To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Small Business Runway Extension Act of 2018”.

SEC. 2. Modification to method for prescribing size standards for business concerns.

Section 3(a)(2)(C)(ii)(II) of the Small Business Act (15 U.S.C. 632(a)(2)(C)(ii)(II)) is amended by striking “3 years” and inserting “5 years”.

Calendar No. 636

115th CONGRESS
     2d Session
S. 3562
A BILL
To amend the Small Business Act to modify the method for prescribing size standards for business concerns.
October 11, 2018
Reported without amendment