Small Business Runway Extension Act of 2018

Bill: 115-hr-6330
Sponsor: full_name: Rep. Knight, Stephen [R-CA-25]
Introduced: 2018-07-11
Policy area: Commerce
Subjects: Small business
Latest action: action_date: 2018-12-17
text: Became Public Law No: 115-324.

Summaries:
action_date: 2018-07-11
action_desc: Introduced in House
text: <p><b>Small Business Runway Extension Act of 2018</b></p> <p>This bill amends the Small Business Act to revise certain requirements for prescribing size standards for small businesses. Such standards shall be calculated using average annual gross receipts of such businesses from at least the previous five (currently, three) years.</p>

action_date: 2018-12-17
action_desc: Public Law
text: <p><b>Small Business Runway Extension Act of 2018</b></p> <p>(Sec. 2) This bill amends the Small Business Act to revise certain requirements for prescribing size standards for small businesses. Such standards shall be calculated using average annual gross receipts of such businesses from at least the previous five (currently, three) years.</p>

tv_txt: I 115th CONGRESS 2d Session H. R. 6330 IN THE HOUSE OF REPRESENTATIVES July 11, 2018 Mr. Knight (for himself and Ms. Clarke of New York ) introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

1. Short title This Act may be cited as the Small Business Runway Extension Act of 2018 . 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 .

tv_txt: IB 115th CONGRESS 2d Session H. R. 6330 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

1. Short title This Act may be cited as the Small Business Runway Extension Act of 2018 . 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 .

Passed the House of Representatives September 25, 2018. Karen L. Haas, Clerk.

tv_txt: IB Union Calendar No. 730 115th CONGRESS 2d Session H. R. 6330 [Report No. 115–939] IN THE HOUSE OF REPRESENTATIVES July 11, 2018 Mr. Knight (for himself and Ms. Clarke of New York ) introduced the following bill; which was referred to the Committee on Small Business September 12, 2018 Additional sponsors: Mr. Chabot , Ms. Velázquez , Mrs. Murphy of Florida , Miss González-Colón of Puerto Rico , and Mr. Comer September 12, 2018 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed A BILL To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

1. Short title This Act may be cited as the Small Business Runway Extension Act of 2018 . 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 .

September 12, 2018 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

tv_txt: IIB 115th CONGRESS 2d Session H. R. 6330 IN THE SENATE OF THE UNITED STATES September 26, 2018 Received; read twice and referred to the Committee on Small Business and Entrepreneurship AN ACT To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

1. Short title This Act may be cited as the Small Business Runway Extension Act of 2018 . 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 .

Passed the House of Representatives September 25, 2018. Karen L. Haas, Clerk.

tv_txt: IB One Hundred Fifteenth Congress of the United States of America At the Second Session Begun and held at the City of Washington on Wednesday, the third day of January, two thousand and eighteen H. R. 6330 AN ACT To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

1. Short title This Act may be cited as the Small Business Runway Extension Act of 2018 . 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 .

Speaker of the House of Representatives. Vice President of the United States and President of the Senate.