IB 
Union Calendar No. 527 
112TH CONGRESS 
2D SESSION 
H. R. 3987 
[Report No. 112–724] 
To amend the Small Business Act with respect to small business concern 
size standards, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 8, 2012 
Mr. WALSH of Illinois (for himself and Mr. CONNOLLY of Virginia) introduced 
the following bill; which was referred to the Committee on Small Business 
DECEMBER 21, 2012 
Additional sponsors: Mr. GRAVES of Missouri, Mr. SCHILLING, Mr. HANNA, 
Mr. WEST, Mr. CHABOT, Mr. MULVANEY, Mr. HINOJOSA, Mr. TIPTON, 
Mrs. ELLMERS, and Mr. COBLE 
DECEMBER 21, 2012 
Reported with amendments, committed to the Committee of the Whole House 
on the State of the Union, and ordered to be printed 
[Omit the part struck through and insert the part printed in italic] 
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A BILL 
To amend the Small Business Act with respect to small 
business concern size standards, and for other purposes. 
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Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Small Business Protec-
tion Act of 2012’’. 
SEC. 2. SMALL BUSINESS CONCERN SIZE STANDARDS. 
Section 3 of the Small Business Act (15 U.S.C. 632) 
is amended— 
(1) by inserting after the section enumerator 
the following: ‘‘DEFINITIONS.’’; and 
(1) by striking ‘‘SEC. 3.’’ and inserting the fol-
lowing: 
‘‘SEC. 3. DEFINITIONS.’’; and 
(2) in subsection (a)— 
(A) by striking the subsection enumerator 
and inserting the following: 
‘‘(a) SMALL BUSINESS CONCERNS.—’’; 
(B) in paragraph (1) by striking ‘‘(1) For 
the purposes’’ and inserting the following: 
‘‘(1) IN GENERAL.—For the purposes’’; 
(C) in paragraph (3) by striking ‘‘(3) 
When establishing’’ and inserting the following: 
‘‘(3) VARIATION BY INDUSTRY AND CONSIDER-
ATION OF OTHER FACTORS.—When establishing’’; 
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(D) by moving paragraph (5), including 
each subparagraph and clause therein, 2 ems to 
the right; and 
(E) by adding at the end the following: 
‘‘(6) COMMON SIZE STANDARDS.—In carrying 
out this subsection, the Administrator may establish 
or approve a single size standard for a grouping of 
four digit North American Industrial Classification 
codes only if the Administrator makes publicly avail-
able, not later than the date on which such size 
standard is established or approved, a justification 
demonstrating that such size standard is appropriate 
for each individual industry classification included in 
the grouping. 
‘‘(7) PROPOSED RULE MAKING.—In conducting 
rulemaking to revise, modify or establish size stand-
ards pursuant to this section, the Administrator 
shall consider and address the following In con-
ducting rulemaking to revise, modify or establish size 
standards pursuant to this section, the Administrator 
shall consider, and address, and make publicly avail-
able as part of the notice of proposed rule making and 
notice of final rule each of the following: 
‘‘(A) a detailed description of the industry 
for which the new size standard is proposed; 
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‘‘(B) an analysis of the competitive envi-
ronment for that industry; 
‘‘(C) the approach the Administrator used 
to develop the proposed standard including the 
source of all data used to develop the proposed 
rulemaking; and 
‘‘(D) the anticipated effect of the proposed 
rulemaking on the industry, including the num-
ber of concerns not currently considered small 
that would be considered small under the pro-
posed rulemaking and the number of concerns 
currently considered small that would be 
deemed other than small under the proposed 
rulemaking.’’. 
‘‘(8) NUMBER
OF
SIZE
STANDARDS.—The Ad-
ministrator shall not limit the number of size stand-
ards it creates pursuant to paragraph (2), and shall 
assign the appropriate size standard to each North 
American Industrial Classification System Code.’’. 
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Union Calendar No. 527 
112TH CONGRESS 
2D SESSION 
H. R. 3987 
[Report No. 112–724] 
A BILL 
To amend the Small Business Act with respect to 
small business concern size standards, and for 
other purposes. 
DECEMBER 21, 2012 
Reported with amendments, committed to the Committee 
of the Whole House on the State of the Union, and or-
dered to be printed 
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