[Federal Register Volume 89, Number 159 (Friday, August 16, 2024)]
[Unknown Section]
[Pages 66888-66890]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2024-16463]



[[Page 66887]]

Vol. 89

Friday,

No. 159

August 16, 2024

Part XVII





Small Business Administration





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Semiannual Regulatory Agenda

  Federal Register / Vol. 89 , No. 159 / Friday, August 16, 2024 / UA: 
Reg Flex Agenda  

[[Page 66888]]


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SMALL BUSINESS ADMINISTRATION

13 CFR Ch. I


Semiannual Regulatory Agenda

AGENCY: U.S. Small Business Administration (SBA).

ACTION: Semiannual Regulatory Agenda.

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

SUMMARY: This Semiannual Regulatory Agenda (Agenda) is a summary of 
current and projected rulemakings and completed actions of the Small 
Business Administration (SBA). This summary information is intended to 
enable the public to be more aware of, and effectively participate in, 
SBA's regulatory activities. Accordingly, SBA invites the public to 
submit comments on any aspect of this Agenda.

FOR FURTHER INFORMATION CONTACT:

General

    Please direct general comments or inquiries to Lindsey K. McCready, 
U.S. Small Business Administration, 409 Third Street SW, Washington, DC 
20416; (202) 401-2996; [email protected].

Specific

    Please direct specific comments and inquiries on individual 
regulatory activities identified in this Agenda to the individual 
listed in the summary of the regulation as the point of contact for 
that regulation.

SUPPLEMENTARY INFORMATION: The Regulatory Flexibility Act (RFA) 
requires SBA to publish in the Federal Register a semiannual regulatory 
flexibility agenda describing those Agency rules that are likely to 
have a significant economic impact on a substantial number of small 
entities (5 U.S.C. 602). The summary information published in the 
Federal Register is limited to those rules. Additional information 
regarding all of the rulemakings SBA expects to consider in the next 12 
months is included in the Federal Government's unified Regulatory 
Agenda, which will be available online at www.reginfo.gov in a format 
that offers users enhanced ability to obtain information about SBA's 
rules.

Isabella Casillas Guzman,
Administrator.

           Small Business Administration--Proposed Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
228.......................  Affiliation in Small               3245-AH97
                             Business Procurement
                             Programs.
229.......................  Regulatory Reform                  3245-AI06
                             Initiative: Streamlining
                             and Modernizing the
                             Surety Bond Guarantee
                             Program.
230.......................  Export Working Capital             3245-AI07
                             Program.
231.......................  Disaster Assistance Loan           3245-AI08
                             Program Changes to
                             Unsecured Loan Amounts.
232.......................  Small Business Size                3245-AI12
                             Standards: Monetary-Based
                             Industry Size Standards.
233.......................  Small Business Size                3245-AI13
                             Standards: Employee-Based
                             Industry Size Standards.
------------------------------------------------------------------------


             Small Business Administration--Final Rule Stage
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
234.......................  504 Loan Program Debt              3245-AI15
                             Refinancing With and
                             Without Expansion Updates.
------------------------------------------------------------------------


            Small Business Administration--Completed Actions
------------------------------------------------------------------------
                                                           Regulation
       Sequence No.                    Title             Identifier No.
------------------------------------------------------------------------
235.......................  Small Business Size                3245-AG16
                             Standards: Adjustment of
                             Alternative Size Standard
                             for SBA's 7(a) and CDC/
                             504 Loan Programs for
                             Inflation; and Surety
                             Bond Limits: Adjustments
                             for Inflation.
236.......................  Small Business Timber Set-         3245-AG69
                             Aside Program.
------------------------------------------------------------------------

SMALL BUSINESS ADMINISTRATION (SBA)

Proposed Rule Stage

228. Affiliation in Small Business Procurement Programs [3245-AH97]

    Legal Authority: 15 U.S.C. 632(a)
    Abstract: Following revisions to the requirements in SBA's 8(a) 
Business Development and Service-Disabled Veteran-Owned Small Business 
programs, SBA is issuing conforming revisions to its affiliation rules 
that govern all of the small-business procurement programs. These 
revisions will ensure consistent requirements for ownership and control 
across SBA's procurement programs.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   09/00/24
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Sam Le, Director of Policy, Planning, and Liaison, 
Small Business Administration, 409 3rd Street SW, Washington, DC 20416, 
Phone: 202 619-1789, Email: [email protected].
    RIN: 3245-AH97

229. Regulatory Reform Initiative: Streamlining and Modernizing the 
Surety Bond Guarantee Program [3245-AI06]

    Legal Authority: 15 U.S.C. 694(b)
    Abstract: The Office of Surety Guarantees (OSG) will publish a 
Notice of Proposed Rulemaking (NPRM) to receive comments from the 
public and surety industry regarding streamlining and modernizing the 
Surety Bond Guarantee Program. This proposed rule will reduce the file 
retainage and form submission burden of participating surety companies, 
correct conflicting provisions, as well as revise the obsolete 
preferred surety admissions requirements and the Quarterly Contract 
Completion Report.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   08/00/24
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.

[[Page 66889]]

    Agency Contact: Jermaine Perry, Director, Office of Surety 
Guarantees, Small Business Administration, 409 3rd Street SW, 
Washington, DC 20416, Phone: 202 401-8275, Email: 
[email protected].
    RIN: 3245-AI06

230. Export Working Capital Program [3245-AI07]

    Legal Authority: 15 U.S.C. 636(a)
    Abstract: SBA will publish a notice of proposed rulemaking to 
enhance the Export Working Capital Program (EWCP). The revisions 
concern (1) increasing the maximum maturity on an EWCP loan from 3-
years to 5-years; (2) changing the regulations to allow EWCP loan 
proceeds to be used to finance export transactions or support companies 
who engage in export transactions by providing working capital against 
their accounts receivable and inventory; (3) allowing use of proceeds 
for asset-based working capital secured by inventory and accounts 
receivable; (4) including a de minimis amount of domestic accounts 
receivable (not to exceed 30%) for EWCP loans used as an asset based 
line of credit; (5) allow Applicants to submit projections to support 
the need for facilities supporting pre-shipment working capital; (6) 
revise the unique requirements for the EWCP to align with industry 
standards for asset based lending.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   09/00/24
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Daniel Pische, National Director of Trade Finance, 
Office of International Trade, Small Business Administration, 409 Third 
Street SW, Washington, DC 20416, Phone: 202 321-5666, Email: 
[email protected].
    RIN: 3245-AI07

231. Disaster Assistance Loan Program Changes to Unsecured Loan Amounts 
[3245-AI08]

    Legal Authority: 15 U.S.C. 636(b)
    Abstract: SBA will publish a notice of proposed rulemaking in order 
to receive comments from the public regarding the proposal to increase 
the unsecured loan amounts for disaster survivors.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   07/00/24
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Alejandro Contreras, Acting Director, Office of 
Financial Assistance, Small Business Administration, 409 Third Street 
SW, Washington, DC 20416, Phone: 202 205-6674, Email: 
[email protected].
    RIN: 3245-AI08

232.  Small Business Size Standards: Monetary-Based Industry 
Size Standards [3245-AI12]

    Legal Authority: 15 U.S.C. 632(a)
    Abstract: The Small Business Jobs Act of 2010 (Jobs Act) requires 
SBA to conduct every five years a detailed review of all size standards 
and to make appropriate adjustments to reflect market conditions. As 
part of the third 5-year review of size standards under the Jobs Act, 
in this proposed rule, SBA will evaluate all industries with monetary-
based size standards and make necessary adjustments to their size 
standards. This is one of the two of proposed rules that SBA will 
issue. SBA will apply its revised Size Standards Methodology, which is 
available on its website at http://www.sba.gov/size, to this purposed 
rule.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   08/00/24
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Dr. Khem Raj Sharma, Chief, Office of Size 
Standards, Small Business Administration, 409 Third Street SW, 
Washington, DC 20416, Phone: 202 205-7189, Fax: 202 205-6390, Email: 
[email protected].
    RIN: 3245-AI12

233.  Small Business Size Standards: Employee-Based Industry 
Size Standards [3245-AI13]

    Legal Authority: 15 U.S.C. 632(a)
    Abstract: The Small Business Jobs Act of 2010 (Jobs Act) requires 
SBA to conduct every five years a detailed review of all size standards 
and to make appropriate adjustments to reflect market conditions. As 
part of the third 5-year review of size standards under the Jobs Act, 
in this proposed rule, SBA will evaluate all industries with employee-
based size standards and make necessary adjustments to their size 
standards. This is one of the two of proposed rules that SBA will 
issue. SBA will apply its revised Size Standards Methodology, which is 
available on its website at http://www.sba.gov/size, to this purposed 
rule.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
NPRM................................   08/00/24
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Dr. Khem Raj Sharma, Chief, Office of Size 
Standards, Small Business Administration, 409 Third Street SW, 
Washington, DC 20416, Phone: 202 205-7189, Fax: 202 205-6390, Email: 
[email protected].
    RIN: 3245-AI13

SMALL BUSINESS ADMINISTRATION (SBA)

Final Rule Stage

234.  504 Loan Program Debt Refinancing With and Without 
Expansion Updates [3245-AI15]

    Legal Authority: 15 U.S.C. 695 et seq.
    Abstract: SBA proposes to update the 504 loan program to broaden 
eligibility and increase access to capital for small business 
borrowers. This will include debt refinancing with and without 
expansion as well as economic development objectives.
    Timetable:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Direct Final Rule...................   07/00/24
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Linda Reilly, Chief, 504 Loan Program, Small 
Business Administration, 409 Third Street SW, Washington, DC 20416, 
Phone: 202 604-5032, Email: [email protected].
    RIN: 3245-AI15

SMALL BUSINESS ADMINISTRATION (SBA)

Completed Actions

235. Small Business Size Standards: Adjustment of Alternative Size 
Standard for SBA's 7(a) and CDC/504 Loan Programs for Inflation; and 
Surety Bond Limits: Adjustments for Inflation [3245-AG16]

    Legal Authority: Pub. L. 111-240, sec. 1116
    Abstract: SBA proposes amending its size eligibility criteria for 
Business Loans, certified development company (CDC) loans under title V 
of the Small Business Investment Act (504) and economic injury disaster 
loans (EIDL). For the SBA 7(a) Business Loan Program

[[Page 66890]]

and the 504 program, the amendments will provide an alternative size 
standard for loan applicants that do not meet the small business size 
standards for their industries. The Small Business Jobs Act of 2010 
(Jobs Act) established alternative size standards that apply to both of 
these programs until SBA's Administrator establishes other alternative 
size standards. For the disaster loan program, the amendments will 
provide an alternative size standard for loan applicants that do not 
meet the Small Business Size Standard for their industries. SBA loan 
program alternative size standards do not affect other Federal 
Government programs, including Federal procurement.
    Completed:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Final Rule..........................   02/15/24  89 FR 11703
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Khem Raj Sharma, Phone: 202 205-7189, Fax: 202 205-
6390, Email: [email protected].
    RIN: 3245-AG16

236. Small Business Timber Set-Aside Program [3245-AG69]

    Legal Authority: 15 U.S.C. 631; 15 U.S.C. 644(a)
    Abstract: The U.S. Small Business Administration (SBA or Agency) is 
amending its Small Business Timber Set-Aside Program (the Program) 
regulations. The Small Business Timber Set-Aside Program is rooted in 
the Small Business Act, which tasked SBA with ensuring that small 
businesses receive a fair proportion of the total sales of government 
property. Accordingly, the Program requires Timber sales to be set 
aside for small business when small business participation falls below 
a certain amount. SBA considered comments received during the Advance 
Notice of Proposed Rulemaking and Notice of Proposed Rulemaking 
processes, including on issues such as, but not limited to, whether the 
saw timber volume purchased through stewardship timber contracts should 
be included in calculations, and whether the appraisal point used in 
set-aside sales should be the nearest small business mill. In addition, 
SBA is considering data from the timber industry to help evaluate the 
current program and economic impact of potential changes.
    Completed:

------------------------------------------------------------------------
               Action                    Date            FR Cite
------------------------------------------------------------------------
Withdrawn...........................   01/01/24
------------------------------------------------------------------------

    Regulatory Flexibility Analysis Required: Yes.
    Agency Contact: Sam Le, Phone: 202 619-1789, Email: [email protected].
    RIN: 3245-AG69

[FR Doc. 2024-16463 Filed 8-15-24; 8:45 am]
BILLING CODE 8026-03-P