Text: H.R.5130 — 116th Congress (2019-2020)All Information (Except Text)

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Referred in Senate (01/09/2020)


116th CONGRESS
2d Session
H. R. 5130


IN THE SENATE OF THE UNITED STATES

January 9, 2020

Received; read twice and referred to the Committee on Small Business and Entrepreneurship


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.

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 “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.

Passed the House of Representatives January 8, 2020.

    Attest: cheryl l. johnson,   
    Clerk.

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