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Received; read twice and referred to the Committee on Small Business and Entrepreneurship
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”.
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”.
Passed the House of Representatives September 25, 2018.
|Attest:||karen l. haas,|