Title: Small Business Set Aside Extension Act of 2022
Policy area: Commerce

Summary:
Small Business Set Aside Extension Act of 2022
This bill permits small businesses to extend their participation in the 8(a) Business Development program by one year.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 8953 Introduced in House (IH)]

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117th CONGRESS
  2d Session
                                H. R. 8953

  To allow the Administrator of the Small Business Administration to 
extend the participation period for covered small business concerns in 
        the 8(a) small business program, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 22, 2022

  Mr. Carter of Louisiana (for himself and Mr. Evans) introduced the 
 following bill; which was referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
  To allow the Administrator of the Small Business Administration to 
extend the participation period for covered small business concerns in 
        the 8(a) small business program, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Small Business Set Aside Extension 
Act of 2022''.

SEC. 2. EXTENSION OF PARTICIPATION IN 8(A) PROGRAM.

    (a) In General.--A covered small business concern may, subject to 
the regulations issued by the Administrator of the Small Business 
Administration under subsection (b), elect to extend the period in 
which such covered small business concern participates in the program 
established under section 8(a) of such Act (15 U.S.C. 637(a)) by one 
year.
    (b) Emergency Rulemaking Authority.--Not later than 45 days after 
the date of enactment of this Act, the Administrator of the Small 
Business Administration shall issue regulations to carry out this 
section without regard to the notice requirements under section 553(b) 
of title 5, United States Code.
    (c) Covered Small Business Concern Defined.--
            (1) In general.--In this section, the term ``covered small 
        business concern'' means a small business concern (as defined 
        under section 3 of the Small Business Act (15 U.S.C. 632)) 
        that--
                    (A) participated in the program established under 
                section 8(a) of the Small Business Act (15 U.S.C. 
                637(a)) at any point during the period beginning on 
                September 10, 2020, and ending on the date of the 
                enactment of this Act, including a small business 
                concern that graduated during such period;
                    (B) was not terminated or early graduated from such 
                program during such period; and
                    (C) did not voluntarily elect to cease 
                participating in such program during such period as an 
                alternative to termination or early graduation from 
                such program, as determined by the Administrator of the 
                Small Business Administration.
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