116 HR 5130 IH: Capturing All Small Businesses Act of 2019 U.S. House of Representatives 2019-11-15 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I116th CONGRESS1st SessionH. R. 5130IN THE HOUSE OF REPRESENTATIVESNovember 15, 2019Mr. Veasey (for himself and Mr. Kevin Hern of Oklahoma) introduced the following bill; which was referred to the Committee on Small BusinessA BILLTo 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.

1.

Short title

This Act may be cited as the Capturing All Small Businesses Act of 2019.

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 one year after the date of the enactment of this Act.