[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 3562 Introduced in Senate (IS)]

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115th CONGRESS
  2d Session
                                S. 3562

 To amend the Small Business Act to modify the method for prescribing 
                 size standards for business concerns.


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                   IN THE SENATE OF THE UNITED STATES

                            October 9, 2018

  Mr. Cardin introduced the following bill; which was read twice and 
    referred to the Committee on Small Business and Entrepreneurship

_______________________________________________________________________

                                 A BILL


 
 To amend the Small Business Act to modify the method for prescribing 
                 size standards for business concerns.

    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 Runway Extension Act 
of 2018''.

SEC. 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''.
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