115th CONGRESS 2d Session |
To amend the Small Business Act to modify the method for prescribing size standards for business concerns.
July 11, 2018
Mr. Knight (for himself and Ms. Clarke of New York) introduced the following bill; which was referred to the Committee on Small Business
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,
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”.