[Congressional Record Volume 164, Number 124 (Tuesday, July 24, 2018)]
[Senate]
[Page S5274]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3420. Mr. CARDIN submitted an amendment intended to be proposed by 
him to the bill H.R. 6147, making appropriations for the Department of 
the Interior, environment, and related agencies for the fiscal year 
ending September 30, 2019, 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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