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H.R. 2345

Clarifying the Small Business Runway Extension Act

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.

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Rep. Stauber, Pete [R-MN-8](R-MN)Sponsor
2 cosponsors2 D
2cosponsors2committees13actions2related bills5subjects
  1. IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

    Small Business and Entrepreneurship Committee
  2. FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. FloorH37300

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5810-5811)

  4. Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5810-5811)

  5. FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 2345.

  6. FloorH30000

    Considered under suspension of the rules. (consideration: CR H5810-5812)

  7. FloorH30300

    Mr. Delgado moved to suspend the rules and pass the bill, as amended.

  8. CalendarsH12410

    Placed on the Union Calendar, Calendar No. 85.

  9. CommitteeH12200

    Reported (Amended) by the Committee on Small Business. H. Rept. 116-116.

    Small Business Committee
  10. Committee5000

    Reported (Amended) by the Committee on Small Business. H. Rept. 116-116.

    Small Business Committee
  11. IntroReferralH11100

    Referred to the House Committee on Small Business.

    Small Business Committee
  12. IntroReferralIntro-H

    Introduced in House

  13. IntroReferral1000

    Introduced in House

Jul 15, 201953

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.

Jun 13, 20197

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.

Apr 18, 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.

Clarifying the Small Business Runway Extension Act — Informed