Section 1 Short title
This Act may be cited as the “Small Business Runway Extension Act of 2018”.
Small Business Runway Extension Act of 2018
AN ACT
To amend the Small Business Act to modify the method for prescribing size standards for business concerns.
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”.