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
A BILL
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”.