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Small Business Size Standard Manufacturing Clarification Act of 2019

H.R. 4702 · 116th Congress · Oct 16, 2019 · Lineage

A BILL

To amend the Small Business Act to modify the timeframe for determining the size standard for manufacturing small business concerns.

1. Short title

This Act may be cited as the “Small Business Size Standard Manufacturing Clarification Act of 2019”.

2. Amendment to size standard for manufacturing small business concerns

Section 3(a)(2)(C)(ii)(I) of the Small Business Act (15 U.S.C. 632(a)(2)(C)(ii)(I)) is amended by striking “12 months” and inserting “5 years”.