[Federal Register Volume 67, Number 78 (Tuesday, April 23, 2002)]
[Rules and Regulations]
[Page 19637]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-9797]



 ========================================================================
 Rules and Regulations
                                                 Federal Register
 ________________________________________________________________________
 
 This section of the FEDERAL REGISTER contains regulatory documents 
 having general applicability and legal effect, most of which are keyed 
 to and codified in the Code of Federal Regulations, which is published 
 under 50 titles pursuant to 44 U.S.C. 1510.
 
 The Code of Federal Regulations is sold by the Superintendent of Documents. 
 Prices of new books are listed in the first FEDERAL REGISTER issue of each 
 week.
 
 ========================================================================
 

  Federal Register / Vol. 67, No. 78 / Tuesday, April 23, 2002 / Rules 
and Regulations  

[[Page 19637]]



SMALL BUSINESS ADMINISTRATION

13 CFR Part 121

RIN 3245-AE07


Small Business Size Regulations; Size Standards and the North 
American Industry Classification System; Amendment

AGENCY: Small Business Administration (SBA).

ACTION: Correcting Amendment.

-----------------------------------------------------------------------

SUMMARY: This amendment corrects the small business size standard for 
North American Industry Classification System (NAICS) code 482111, 
Line-Haul Railroads. The correct size standard is 1,500 employees. This 
is a technical correction to the final rule correction that the Small 
Business Administration (SBA) published in the Federal Register on 
September 5, 2000.

DATES: Effective on April 23, 2002.

FOR FURTHER INFORMATION CONTACT: Carl Jordan, Office of Size Standards, 
(202) 205-6618.

SUPPLEMENTARY INFORMATION: SBA published what it believed was a 
corrected table of small business size standards based on industries as 
they are defined in NAICS on September 5, 2000 (65 FR 53533-53558). 
That table updated and replaced the table included in the final rule 
SBA published in the Federal Register on May 15, 2000 (65 FR 30836-
30863). The table of size standards in the May 15, 2000, final rule 
included a number of errors that occurred during the printing process. 
Because the errors were significant in nature and number, SBA believed 
that merely listing the corrections was not sufficient. Therefore, on 
September 5, 2000, SBA published the new table to replace the table 
found in the May 15, 2000, final rule.

Corrected NAICS 482111

    This amendment corrects the size standard for NAICS 482111, Line-
Haul Railroads. The May 15, 2000, final rule represented the size 
standard as $500 million. The correct size standard was and is 1,500 
employees. In the September 5, 2000, correction, SBA removed the dollar 
sign but overlooked correcting the numerical standard to 1,500 
employees.

Justification for This Correction

    SBA had proposed to adopt NAICS as a basis for size standards on 
October 22, 1999, (64 FR 57187-57286). In the proposed rule SBA set 
five guidelines for establishing size standards based on NAICS. The 
first guideline stated that if the NAICS industry were related to only 
one Standard Industrial Classification (SIC) system industry or to a 
part of one SIC industry, then the size standard would be the same for 
the NAICS industry as it was for the SIC industry.
    The size standard for SIC 4011, Railroads, Line-Haul Operating, was 
1,500 employees. NAICS 482111 is related to SIC 4011 in its entirety, 
and therefore, SBA's proposed rule applied the same 1,500 employee size 
standard to NAICS 482111. As stated above, there were errors that 
occurred in printing of the final rule, and SBA overlooked correcting 
this particular size standard.
    SBA is therefore amending the published size standard for NAICS 
482111 to 1,500 employees.

List of Subjects in 13 CFR Part 121

    Administrative practice and procedure, Government procurement, 
Government property, Grant programs--business, Loan programs--business, 
Reporting and recordkeeping requirements, Small businesses.


    For the reasons stated in the preamble, SBA corrects 13 CFR part 
121 by making the following correcting amendment:

PART 121--SMALL BUSINESS SIZE REGULATIONS

    1. The authority citation for part 121 continues to read as 
follows:

    Authority: 15 U.S.C. 632(a), 634(b)(6), 637(a), 644(c), and 
662(5); and Sec. 304, Pub. L. 103-403, 108 Stat. 4175, 4188.


    2. In Sec. 121.201, in the table ``Small Business Size Standards by 
NAICS Industry,'' under the heading Subsector 482--Rail Transportation, 
revise the entry for 482111 to read as follows:


Sec. 121.201  What size standards has SBA identified by North American 
Industry Classification System codes?

* * * * *

             Small Business Size Standards by NAICS Industry
------------------------------------------------------------------------
                                                        Size standard in
                                  Description (N.E.C.      number of
           NAICS codes              = Not Elsewhere       employees or
                                      Classified)         millions of
                                                            dollars
------------------------------------------------------------------------
 
              *      *      *      *      *      *      *
                   Subsector 482--Rail Transportation
482111..........................  Line-Haul Railroads              1,500
------------------------------------------------------------------------

* * * * *

Gary M. Jackson,
Assistant Administrator for Size Standards.
[FR Doc. 02-9797 Filed 4-22-02; 8:45 am]
BILLING CODE 8025-01-P