Bill > HR3714

This bill, the Small Agriculture Producer Size Standards Improvements Act of 2015, amends the Small Business Act to clarify that agricultural enterprises are considered small business concerns, ensuring they are covered by the Act. It specifically states that any small farm will be covered regardless of whether its annual receipts, including those from affiliated businesses, exceed $750,000. Furthermore, the bill mandates that the Small Business Administration (SBA) will establish size standards for agricultural enterprises through a rulemaking process, and these standards will be subject to regular reviews as outlined in the Small Business Jobs Act of 2010, a law that established procedures for periodically reviewing and updating size standards for small businesses.