H.R. 2345 · 116th Congress
Clarifying the Small Business Runway Extension Act
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 116th Congress ended.
R
StauberSponsor2 cosponsors · 2 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Apr 18, 2019
- House Passed Jul 15, 2019
This bill addresses the statutory authority of the Small Business Runway Extension Act of 2018.
What it does: CRS summary · Passed House · Jul 15, 2019
Clarifying the Small Business Runway Extension Act
This bill addresses the statutory authority of the Small Business Runway Extension Act of 2018.
The Small Business Administration (SBA) is subject to the Act's requirements for prescribing size standards for small businesses.
The SBA must (1) issue a final rule implementing such Act by December 17, 2019, and (2) implement a transition plan to assist businesses and federal agencies in complying with the Act's requirements.
The bill calculates (1) size standards for small businesses providing services on the basis of the annual average gross receipts of the business over a five-year period (currently, at least a five-year period); and (2) the size of other businesses on the basis of data over a five-year period (currently, at least a three-year period).
The System for Award Management must be updated to comply with the requirements of this bill.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Clarifying the Small Business Runway Extension Act
Latest action (Jul 16, 2019): Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Policy area: Commerce · Origin: House · Introduced: Apr 18, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Apr 18, 2019
- House Passed Jul 15, 2019
No recorded floor vote found.