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Capturing All Small Businesses Act of 2019

H.R. 5130 · 116th Congress · Jan 9, 2020 · Lineage

AN ACT

To amend the Small Business Act to adjust the employment size standard requirements for determining whether a manufacturing concern is a small business concern, and for other purposes.

Section 1 Short title

This Act may be cited as the “Capturing All Small Businesses Act of 2019”.

Sec. 2 Employment size standard requirements

(a)
In general— Section 3(a)(2) of the Small Business Act (15 U.S.C. 632(a)(2)) is amended—
(1)
in subparagraph (A), by inserting “and subject to the requirements specified under subparagraph (C)” after “paragraph (1)”; and
(2)
in subparagraph (C)—
(A)
by inserting “(including the Administration when acting pursuant to subparagraph (A))” after “no Federal department or agency”; and
(B)
in clause (ii)(I) by striking “12 months” and inserting “24 months”.
(b)
Effective date— This Act and the amendments made by this Act shall take effect 1 year after the date of the enactment of this Act.