[Congressional Record Volume 163, Number 127 (Thursday, July 27, 2017)]
[Senate]
[Page S4536]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 567. Mr. CARDIN submitted an amendment intended to be proposed by
him to the bill H.R. 2810, to authorize appropriations for fiscal year
2018 for military activities of the Department of Defense, for military
construction, and for defense activities of the Department of Energy,
to prescribe military personnel strengths for such fiscal year, and for
other purposes; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. __. SIZE STANDARDS FOR SMALL BUSINESS CONCERNS.
(a) Calculation on the Basis of Annual Average Gross
Receipts.--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
``over a period of not less than 3 years'' and inserting ``,
which shall be calculated by using the 3 lowest annual
average gross receipts of the business concern during the
preceding 5-year period''.
(b) Regulations.--Not later than 18 months after the date
of enactment of this Act, the Administrator of the Small
Business Administration shall promulgate regulations as
necessary to implement the amendment made by subsection (a).
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