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HR 2345 116th Congress House Commerce Administrative law and regulatory procedures Administrative remedies Government information and archives Small Business Administration Small business

Clarifying the Small Business Runway Extension Act

Introduced: April 18, 2019 Introduced by: Stauber, Pete Republican · Minnesota See on congress.gov
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 Everywhere this bill has been 11 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 16, 2019
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Jul 15, 2019
Motion to reconsider laid on the table Agreed to without objection.
Jul 15, 2019
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5810-5811)
Jul 15, 2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5810-5811)
Jul 15, 2019
DEBATE - The House proceeded with forty minutes of debate on H.R. 2345.
Jul 15, 2019
Considered under suspension of the rules. (consideration: CR H5810-5812)
Jul 15, 2019
Mr. Delgado moved to suspend the rules and pass the bill, as amended.
Jun 13, 2019
Placed on the Union Calendar, Calendar No. 85.
Jun 13, 2019
Reported (Amended) by the Committee on Small Business. H. Rept. 116-116.
Apr 18, 2019
Referred to the House Committee on Small Business.
Apr 18, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Clarifying the Small Business Runway Extension Act

This bill addresses the statutory authority of the Small Business Runway Extension Act of 2018.

The Small Business Administration (SBA) is subject to the Act's requirements for prescribing size standards for small businesses.

The SBA must (1) issue a final rule implementing such Act by December 17, 2019, and (2) implement a transition plan to assist businesses and federal agencies in complying with the Act's requirements.

The bill calculates (1) size standards for small businesses providing services on the basis of the annual average gross receipts of the business over a five-year period (currently, at least a five-year period); and (2) the size of other businesses on the basis of data over a five-year period (currently, at least a three-year period).

The System for Award Management must be updated to comply with the requirements of this bill.

What's happening now July 16, 2019

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2