Public Law 115-324 | Public Law 115–324: To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

As enacted: this collection preserves GovInfo's listed Beta USLM public-law XML, including printed amendment instructions and legislative history. Later amendments are not consolidated here; availability in this XML inventory does not establish completeness of all laws enacted by Congress.

PUBLIC LAW 115–324—DEC. 17, 2018

132 STAT. 4444

Public Law

115–324

115th Congress

An Act

To amend the Small Business Act to modify the method for prescribing size standards for business concerns.

Dec. 17, 2018

[H.R. 6330]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

Small Business Runway Extension Act

of 2018.

SECTION 1.

15 USC 631 note.

SHORT TITLE.

This Act may be cited as the “

Small Business Runway Extension Act of 2018

”.

SEC. 2.

MODIFICATION TO METHOD FOR PRESCRIBING SIZE STANDARDS FOR BUSINESS CONCERNS.

Section 3(a)(2)(C)(ii)(II) of the Small Business Act (15 U.S.C. 632(a)(2)(C)(ii)(II))

is amended

striking

“3 years” and

inserting

“5 years”.

Approved December 17, 2018.

LEGISLATIVE HISTORY—H.R. 6330:

HOUSE REPORTS: ┐No. 115–939 (Comm. on Small Business).

CONGRESSIONAL RECORD, Vol. 164 (2018):

Sept. 25, considered and passed House.

Dec. 6, considered and passed Senate.

○