US HR6330

Bill

Small Business Runway Extension Act of 2018

Introduced
07/11/2018

In Committee
07/18/2018

Crossed Over
09/26/2018

Passed
12/11/2018

Dead

Signed/Enacted/Adopted
12/17/2018

Introduced Session

115th Congress

Bill Summary

Small Business Runway Extension Act of 2018 (Sec. 2) This bill amends the Small Business Act to revise certain requirements for prescribing size standards for small businesses. Such standards shall be calculated using average annual gross receipts of such businesses from at least the previous five (currently, three) years.

AI Summary

This bill, the Small Business Runway Extension Act of 2018, amends the Small Business Act to revise the requirements for prescribing size standards for small businesses. Specifically, it changes the calculation of such standards from using the average annual gross receipts of the business from the previous three years to the previous five years. This change allows small businesses more time to be considered "small" before transitioning to the next size category, providing them with additional time to grow and develop.

Committee Categories

Business and Industry

Sponsors (7)

Stephen Knight (R)*, Steve Chabot (R), Yvette Clarke (D), James Comer (R), Jenniffer González (R), Stephanie Murphy (D), Nydia Velázquez (D),

Last Action

Became Public Law No: 115-324. (on 12/17/2018)

Official Document

https://www.congress.gov/bill/115th-congress/house-bill/6330/all-info

(7 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.congress.gov/bill/115th-congress/house-bill/6330/all-info
BillText	https://www.congress.gov/115/bills/hr6330/BILLS-115hr6330enr.pdf
Bill	https://www.congress.gov/115/bills/hr6330/BILLS-115hr6330enr.pdf.pdf
BillText	https://www.congress.gov/115/bills/hr6330/BILLS-115hr6330eh.pdf
Bill	https://www.congress.gov/115/bills/hr6330/BILLS-115hr6330eh.pdf.pdf
BillText	https://www.congress.gov/115/bills/hr6330/BILLS-115hr6330rh.pdf
Bill	https://www.congress.gov/115/bills/hr6330/BILLS-115hr6330rh.pdf.pdf
BillText	https://www.congress.gov/115/bills/hr6330/BILLS-115hr6330ih.pdf
Bill	https://www.congress.gov/115/bills/hr6330/BILLS-115hr6330ih.pdf.pdf

Bill	Bill Name	Last Action	Type
HR2810	National Defense Authorization Act for Fiscal Year 2018	Became Public Law No: 115-91. (TXT \| PDF)	Related
HR2825	DHS Authorization Act Department of Homeland Security Authorization Act	By Senator Johnson from Committee on Homeland Security and Governmental Affairs filed written report. Report No. 115-351.	Related
HR33	Small Business Regulatory Flexibility Improvements Act of 2017	Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-21.	Related
HR5	Regulatory Accountability Act of 2017	Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-21.	Related
S2496	Small Business Health Account Act of 2018	Read twice and referred to the Committee on Finance.	Related
S3562	Small Business Runway Extension Act of 2018	By Senator Risch from Committee on Small Business and Entrepreneurship filed written report. Report No. 115-431.	Same As
S584	Small Business Regulatory Flexibility Improvements Act	Placed on Senate Legislative Calendar under General Orders. Calendar No. 284.	Related

Bill > HR6330

US HR6330

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (7)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary