Library / Laws / 116th / hr / H.R. 5130 / Reported in House
IB
Union Calendar No. 285
116th CONGRESS
1st Session
H. R. 5130
[Report No. 116–360]
IN THE HOUSE OF REPRESENTATIVES
November 15, 2019
Mr. Veasey (for himself and Mr. Kevin Hern of Oklahoma) introduced the following bill; which was referred to the Committee on Small Business
December 19, 2019
Committed to the Committee of the Whole House on the State of the Union and ordered to be printed
A BILL
To amend the Small Business Act to adjust the employment size standard requirements for determining
whether a manufacturing concern is a small business concern, and for other
purposes.
1.
Short title
This Act may be cited as the Capturing All Small Businesses Act of 2019.
2.
Employment size standard requirements
(a)
In general
Section 3(a)(2) of the Small Business Act (15 U.S.C. 632(a)(2)) is amended—
(1) in subparagraph (A), by inserting and subject to the requirements specified under subparagraph (C) after paragraph (1); and
(2) in subparagraph (C)—
(A) by inserting (including the Administration when acting pursuant to subparagraph (A)) after no Federal department or agency; and
(B) in clause (ii)(I) by striking 12 months and inserting 24 months.
(b)
Effective date
This Act and the amendments made by this Act shall take effect one year after the date of the enactment of this Act.
December 19, 2019
Committed to the Committee of the Whole House on the State of the Union and ordered to be printed