HR 4702
Small Business Size Standard Manufacturing Clarification Act of 2019
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To President
- Became Law
Bill overview
This bill changes how the Small Business Administration (SBA) determines if a manufacturing company qualifies as a ‘small business’ for government contracting purposes. Currently, the SBA considers a company’s average employment over a one-year period. This legislation extends that timeframe to five years, providing a more stable and accurate measure of a manufacturer’s size. This change aims to reduce uncertainty for small manufacturers seeking to compete for federal contracts.
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Primary sponsor
Cosponsors
Paul Cook
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