Proposed Rule2022-15034
Semiannual Regulatory Agenda
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 8, 2022
Issuing agencies
Small Business Administration
Abstract
This semiannual Regulatory Agenda (Agenda) is a summary of current and projected rulemakings and completed actions of the Small Business Administration (SBA). This summary information is intended to enable the public to be more aware of, and effectively participate in, SBA's regulatory activities. Accordingly, SBA invites the public to submit comments on any aspect of this Agenda.
Full Text
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[Federal Register Volume 87, Number 151 (Monday, August 8, 2022)]
[Proposed Rules]
[Pages 48352-48356]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-15034]
[[Page 48351]]
Vol. 87
Monday,
No. 151
August 8, 2022
Part XIX
Small Business Administration
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Semiannual Regulatory Agenda
Federal Register / Vol. 87 , No. 151 / Monday, August 8, 2022 / UA:
Reg Flex Agenda
[[Page 48352]]
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SMALL BUSINESS ADMINISTRATION
13 CFR Ch. I
Semiannual Regulatory Agenda
AGENCY: U.S. Small Business Administration (SBA).
ACTION: Semiannual regulatory agenda.
-----------------------------------------------------------------------
SUMMARY: This semiannual Regulatory Agenda (Agenda) is a summary of
current and projected rulemakings and completed actions of the Small
Business Administration (SBA). This summary information is intended to
enable the public to be more aware of, and effectively participate in,
SBA's regulatory activities. Accordingly, SBA invites the public to
submit comments on any aspect of this Agenda.
FOR FURTHER INFORMATION CONTACT:
General
Please direct general comments or inquiries to Daniel Kane, U.S.
Small Business Administration, 409 Third Street SW, Washington, DC
20416; (202) 744-2509; <a href="/cdn-cgi/l/email-protection#aaeecbc4c3cfc684e1cbc4cfead9c8cb84cdc5dc"><span class="__cf_email__" data-cfemail="3276535c5b575e1c79535c57724150531c555d44">[email protected]</span></a>.
Specific
Please direct specific comments and inquiries on individual
regulatory activities identified in this Agenda to the individual
listed in the summary of the regulation as the point of contact for
that regulation.
SUPPLEMENTARY INFORMATION: The Regulatory Flexibility Act (RFA)
requires SBA to publish in the Federal Register a semiannual regulatory
flexibility agenda describing those Agency rules that are likely to
have a significant economic impact on a substantial number of small
entities (5 U.S.C. 602). The summary information published in the
Federal Register is limited to those rules. Additional information
regarding all of the rulemakings SBA expects to consider in the next 12
months is included in the Federal Government's unified Regulatory
Agenda, which will be available online at <a href="http://www.reginfo.gov">www.reginfo.gov</a> in a format
that offers users enhanced ability to obtain information about SBA's
rules.
Isabella Casillas Guzman,
Administrator.
Small Business Administration--Proposed Rule Stage
------------------------------------------------------------------------
Regulation
Sequence No. Title Identifier No.
------------------------------------------------------------------------
220....................... Small Business Development 3245-AE05
Center Program Revisions.
221....................... Small Business Size 3245-AG16
Standards; Alternative
Size Standard for 7(a),
504, and Disaster Loan
Programs.
222....................... National Defense 3245-AH28
Authorization Act of
2020, Credit for Lower
Tier Subcontracting and
Other Amendments.
223....................... Small Business Size 3245-AH89
Standards: Adoption of
2022 North American
Industry Classification
System for Size Standards.
224....................... Small Business Lending 3245-AH92
Company (SBLC) Moratorium
Rescission and Change of
Ownership Updates.
------------------------------------------------------------------------
Small Business Administration--Final Rule Stage
------------------------------------------------------------------------
Regulation
Sequence No. Title Identifier No.
------------------------------------------------------------------------
225....................... Small Business Timber Set- 3245-AG69
Aside Program.
226....................... Small Business Size 3245-AH09
Standards: Manufacturing
and Industries With
Employee Based Size
Standards in Other
Sectors Except Wholesale
Trade and Retail Trade.
227....................... Small Business Size 3245-AH10
Standards: Wholesale
Trade and Retail Trade.
228....................... Small Business Size 3245-AH17
Standards: Adjustment of
Monetary Based Size
Standards for Inflation.
------------------------------------------------------------------------
Small Business Administration--Completed Actions
------------------------------------------------------------------------
Regulation
Sequence No. Title Identifier No.
------------------------------------------------------------------------
229....................... Small Business Size 3245-AG88
Standards: Educational
Services; Health Care and
Social Assistance; Arts,
Entertainment and
Recreation; Accommodation
and Food Services; Other
Services.
230....................... Small Business Size 3245-AG89
Standards: Agriculture,
Forestry, Fishing and
Hunting; Mining,
Quarrying, and Oil and
Gas Extraction;
Utilities; Construction.
231....................... Small Business Size 3245-AG90
Standards: Transportation
and Warehousing;
Information; Finance and
Insurance; Real Estate
and Rental and Leasing.
232....................... Small Business Size 3245-AG91
Standards: Professional,
Scientific and Technical
Services; Management of
Companies and
Enterprises;
Administrative and
Support and Waste
Management and
Remediation Services.
233....................... Small Business Size 3245-AH26
Standards: Calculation of
Number of Employees for
All Programs and of
Average Annual Receipts
in Business Loan,
Disaster Loan, and Small
Business Investment
Company Programs.
------------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION (SBA)
Proposed Rule Stage
220. Small Business Development Center Program Revisions [3245-AE05]
Legal Authority: 15 U.S.C. 634(b)(6); 15 U.S.C. 648
Abstract: This rule proposes to update the Small Business
Development Center (SBDC) program regulations by proposing to amend:
(1) procedures for approving when a new Lead SBDC Center Director is
selected; (2) procedures and requirements regarding findings and
disputes resulting from financial exams, programmatic reviews,
accreditation reviews, and other SBA oversight activities; (3)
procedures regarding the determination to affect suspension,
termination or non-renewal of an SBDC's cooperative agreement; and (4)
provisions regarding the collection and use of the individual SBDC
client data.
Timetable:
[[Page 48353]]
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
ANPRM............................... 04/02/15 80 FR 17708
ANPRM Comment Period End............ 06/01/15
NPRM................................ 11/00/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Rachel Newman-Karton, Program Manager, Small
Business Administration, 409 Third Street SW, Washington, DC 20416,
Phone: 202 619-1816, Email: <a href="/cdn-cgi/l/email-protection#e092818388858cce8e85978d818ecd8b8192948f8ea0938281ce878f96"><span class="__cf_email__" data-cfemail="3143505259545d1f5f54465c505f1c5a5043455e5f714253501f565e47">[email protected]</span></a>.
RIN: 3245-AE05
221. Small Business Size Standards; Alternative Size Standard for 7(a),
504, and Disaster Loan Programs [3245-AG16]
Legal Authority: Pub. L. 111-240, sec. 1116
Abstract: SBA will propose amendments its size eligibility criteria
for Business Loans, certified development company (CDC) loans under
title V of the Small Business Investment Act (504) and economic injury
disaster loans (EIDL). For the SBA 7(a) Business Loan Program and the
504 program, the amendments will provide an alternative size standard
for loan applicants that do not meet the small business size standards
for their industries. The Small Business Jobs Act of 2010 (Jobs Act)
established alternative size standards that apply to both of these
programs until SBA's Administrator establishes other alternative size
standards. For the disaster loan program, the amendments will provide
an alternative size standard for loan applicants that do not meet the
Small Business Size Standard for their industries. SBA loan program
alternative size standards do not affect other Federal Government
programs, including Federal procurement.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
ANPRM............................... 03/22/18 83 FR 12506
ANPRM Comment Period End............ 05/21/18
NPRM................................ 09/00/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Dr. Khem Raj Sharma, Chief, Office of Size
Standards, Small Business Administration, 409 Third Street SW,
Washington, DC 20416, Phone: 202 205-7189, Fax: 202 205-6390, Email:
<a href="/cdn-cgi/l/email-protection#d1bab9b4bcffa2b9b0a3bcb091a2b3b0ffb6bea7"><span class="__cf_email__" data-cfemail="3853505d55164b50594a5559784b5a59165f574e">[email protected]</span></a>.
RIN: 3245-AG16
222. National Defense Authorization Act of 2020, Credit for Lower Tier
Subcontracting and Other Amendments [3245-AH28]
Legal Authority: Pub. L. 116-92
Abstract: Section 870 of the National Defense Authorization Act of
2020 (NDAA 2020) made a change that will require SBA to amend its
regulations. Specifically, the language of NDAA 2020 requires SBA to
alter the method and means of accounting for lower tier small business
subcontracting. This proposed rule may also contain several smaller
changes that might be necessary to implement this provision and other
provisions in NDAA 2020.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 01/00/23
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Brenda J. Fernandez, Analyst, Office of Policy,
Planning and Liaison, Small Business Administration, 409 Third Street
SW, Washington, DC 20416, Phone: 202 205-7337, Email:
<a href="/cdn-cgi/l/email-protection#197b6b7c777d78377f7c6b7778777d7c63596a7b78377e766f"><span class="__cf_email__" data-cfemail="fa98889f949e9bd49c9f88949b949e9f80ba89989bd49d958c">[email protected]</span></a>.
RIN: 3245-AH28
223. <bullet> Small Business Size Standards: Adoption of 2022 North
American Industry Classification System for Size Standards [3245-AH89]
Legal Authority: Not Yet Determined
Abstract: This will amend SBA's Small Business Size Regulations by
incorporating the Office of Management and Budget's (OMB) 2022 revision
of the North American Industry Classification System (NAICS) into its
table of small business size standards. NAICS 2022 created 111 new
industries involving 147 NAICS 2017 industries in 11 Sectors, mostly in
Sector 44-45 (Retail Trade), followed by Sector 31-33 (Manufacturing),
and Sector 51 (Information). Of the 111 new industries, 79 were formed
by merging two or more of 124 industries or their parts. In addition,
the NAICS 2022 revised titles, 6-digit codes, or definitions of the 32
other NAICS 2017 industries or their parts. As a result, the size
standards for some existing industries or parts will change. Similar to
the adoptions of prior OMB revisions to NAICS in 2002, 2007, 2012, and
2017, SBA will adopt the NAICS 2022 revision to its table of size
standards, effective the beginning of the Federal government's new
fiscal year (October 1, 2022).
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 06/00/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Dr. Khem Raj Sharma, Chief, Office of Size
Standards, Small Business Administration, 409 Third Street SW,
Washington, DC 20416, Phone: 202 205-7189, Fax: 202 205-6390, Email:
<a href="/cdn-cgi/l/email-protection#cba0a3aea6e5b8a3aab9a6aa8bb8a9aae5aca4bd"><span class="__cf_email__" data-cfemail="660d0e030b48150e07140b072615040748010910">[email protected]</span></a>.
RIN: 3245-AH89
224. <bullet> Small Business Lending Company (SBLC) Moratorium
Rescission and Change of Ownership Updates [3245-AH92]
Legal Authority: Sec. 3(r) and 7(a) of the Small Business Act
Abstract: SBA will publish a notice of proposed rulemaking in order
to receive comments from the public and the lending industry regarding
the proposal to lift the moratorium on permitting new Small Business
Lending Companies (SBLC). Also, SBA will be requesting comments
regarding removing the prohibition of partial changes in ownership
under the 7(a) loan program.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 09/00/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Dianna L. Seaborn, Director, Office of Financial
Assistance, Small Business Administration, 409 Third Street SW,
Washington, DC 20416, Phone: 202 205-3645, Email:
<a href="/cdn-cgi/l/email-protection#c4a0ada5aaaaa5eab7a1a5a6abb6aa84b7a6a5eaa3abb2"><span class="__cf_email__" data-cfemail="54303d353a3a357a273135363b263a142736357a333b22">[email protected]</span></a>.
RIN: 3245-AH92
SMALL BUSINESS ADMINISTRATION (SBA)
Final Rule Stage
225. Small Business Timber Set-Aside Program [3245-AG69]
Legal Authority: 15 U.S.C. 631; 15 U.S.C. 644(a)
Abstract: The U.S. Small Business Administration (SBA or Agency) is
amending its Small Business Timber Set-Aside Program (the Program)
regulations. The Small Business Timber Set-Aside Program is rooted in
the Small Business Act, which tasked SBA with ensuring that small
businesses receive a fair proportion of the total sales of government
property. Accordingly, the Program requires Timber sales to be set
aside for small
[[Page 48354]]
business when small business participation falls below a certain
amount. SBA considered comments received during the Advance Notice of
Proposed Rulemaking and Notice of Proposed Rulemaking processes,
including on issues such as, but not limited to, whether the saw timber
volume purchased through stewardship timber contracts should be
included in calculations, and whether the appraisal point used in set-
aside sales should be the nearest small business mill. In addition, SBA
is considering data from the timber industry to help evaluate the
current program and economic impact of potential changes.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
ANPRM............................... 03/25/15 80 FR 15697
ANPRM Comment Period End............ 05/26/15
NPRM................................ 09/27/16 81 FR 66199
NPRM Comment Period End............. 11/28/16
Final Rule.......................... 04/00/23
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: David W. Loines, Director, Office of Government
Contracting, Small Business Administration, 409 Third Street SW,
Washington, DC 20416, Phone: 202 431-0472, Email: <a href="/cdn-cgi/l/email-protection#b6d2d7c0dfd298dad9dfd8d3c5f6c5d4d798d1d9c0"><span class="__cf_email__" data-cfemail="bdd9dccbd4d993d1d2d4d3d8cefdcedfdc93dad2cb">[email protected]</span></a>.
RIN: 3245-AG69
226. Small Business Size Standards: Manufacturing and Industries With
Employee Based Size Standards in Other Sectors Except Wholesale Trade
and Retail Trade [3245-AH09]
Legal Authority: 15 U.S.C. 632(a)
Abstract: The Small Business Jobs Act of 2010 (Jobs Act) requires
SBA to conduct every five years a detailed review of all size standards
and to make appropriate adjustments to reflect market conditions. As
part of the second 5-year review of size standards under the Jobs Act,
in this proposed rule, SBA will evaluate all industries in North
American Industry Classification System (NAICS) Sector 31-33
(Manufacturing) and industries with employee-based size standards in
other sectors except Wholesale Trade and Retail Trade and make
necessary adjustments to their size standards. This is one of a series
of proposed rules that will examine groups of NAICS sectors. SBA will
apply its revised Size Standards Methodology, which is available on its
website at <a href="http://www.sba.gov/size">http://www.sba.gov/size</a>, to this proposed rule.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 04/26/22 87 FR 24752
NPRM Comment Period End............. 06/27/22
Final Rule.......................... 12/00/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Dr. Khem Raj Sharma, Chief, Office of Size
Standards, Small Business Administration, 409 Third Street SW,
Washington, DC 20416, Phone: 202 205-7189, Fax: 202 205-6390, Email:
<a href="/cdn-cgi/l/email-protection#b2d9dad7df9cc1dad3c0dfd3f2c1d0d39cd5ddc4"><span class="__cf_email__" data-cfemail="deb5b6bbb3f0adb6bfacb3bf9eadbcbff0b9b1a8">[email protected]</span></a>.
RIN: 3245-AH09
227. Small Business Size Standards: Wholesale Trade and Retail Trade
[3245-AH10]
Legal Authority: 15 U.S.C. 632(a)
Abstract: The Small Business Jobs Act of 2010 (Jobs Act) requires
SBA to conduct every five years a detailed review of all size standards
and to make appropriate adjustments to reflect market conditions. As
part of the second 5-year review of size standards under the Jobs Act,
in this proposed rule, SBA will evaluate all industries in North
American Industry Classification System (NAICS) Sector 42 (Wholesale
Trade) and Sector 44-45 (Retail Trade) and make necessary adjustments
to their size standards. This is one of a series of proposed rules that
will examine groups of NAICS sectors. SBA will apply its revised Size
Standards Methodology, which is available on its website at <a href="http://www.sba.gov/size">http://www.sba.gov/size</a>, to this proposed rule.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 05/25/21 86 FR 28012
NPRM Comment Period End............. 07/26/21
Final Rule.......................... 09/00/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Dr. Khem Raj Sharma, Chief, Office of Size
Standards, Small Business Administration, 409 Third Street SW,
Washington, DC 20416, Phone: 202 205-7189, Fax: 202 205-6390, Email:
<a href="/cdn-cgi/l/email-protection#83e8ebe6eeadf0ebe2f1eee2c3f0e1e2ade4ecf5"><span class="__cf_email__" data-cfemail="8de6e5e8e0a3fee5ecffe0eccdfeefeca3eae2fb">[email protected]</span></a>.
RIN: 3245-AH10
228. Small Business Size Standards: Adjustment of Monetary Based Size
Standards for Inflation [3245-AH17]
Legal Authority: 15 U.S.C. 632(a)
Abstract: In this final rule, the U.S. Small Business
Administration (SBA or Agency) adjusts all monetary based industry size
standards (i.e., receipts, assets, net worth, and net income) for
inflation since the last adjustment in 2014. In accordance with its
regulations in 13 CFR 121.102(c), SBA is required to review the effects
of inflation on its monetary standards at least once every five years
and adjust them, if necessary. In addition, the Small Business Jobs Act
of 2010 (Jobs Act) also requires SBA to conduct every five years a
detailed review of all size standards and to make appropriate
adjustments to reflect market conditions. This action will restore the
small business eligibility of businesses that have lost that status due
to inflation.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
Interim Final Rule.................. 07/18/19 84 FR 34261
Interim Final Rule Effective........ 08/19/19
Interim Final Rule Comment Period 09/16/19
End.
Final Action........................ 12/00/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Dr. Khem Raj Sharma, Chief, Office of Size
Standards, Small Business Administration, 409 Third Street SW,
Washington, DC 20416, Phone: 202 205-7189, Fax: 202 205-6390, Email:
<a href="/cdn-cgi/l/email-protection#c7acafa2aae9b4afa6b5aaa687b4a5a6e9a0a8b1"><span class="__cf_email__" data-cfemail="53383b363e7d203b32213e32132031327d343c25">[email protected]</span></a>.
RIN: 3245-AH17
SMALL BUSINESS ADMINISTRATION (SBA)
Completed Actions
229. Small Business Size Standards: Educational Services; Health Care
and Social Assistance; Arts, Entertainment and Recreation;
Accommodation and Food Services; Other Services [3245-AG88]
Legal Authority: 15 U.S.C. 632(a)
Abstract: The Small Business Jobs Act of 2010 (Jobs Act) requires
SBA to conduct every five years a detailed review of all size standards
and to make appropriate adjustments to reflect market conditions. As
part of the second five-year review of size standards under the Jobs
Act, in this rule, SBA has evaluated size standards for all industries
in North American Industry Classification System (NAICS) Sector 61
(Educational Services), Sector 62 (Health Care and Social Assistance),
Sector 71 (Arts, Entertainment and Recreation), Sector 72
(Accommodation and Food Services), and Sector 81 (Other Services) and
made necessary adjustments to size standards in these
[[Page 48355]]
sectors. This is one of a series of rules that examines groups of NAICS
sectors. SBA has applied its Size Standards Methodology to this rule.
Completed:
------------------------------------------------------------------------
Reason Date FR Cite
------------------------------------------------------------------------
Final Rule.......................... 03/31/22 87 FR 18646
Final Rule Effective................ 05/02/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Khem Raj Sharma, Phone: 202 205-7189, Fax: 202 205-
6390, Email: <a href="/cdn-cgi/l/email-protection#4d26252820633e252c3f202c0d3e2f2c632a223b"><span class="__cf_email__" data-cfemail="711a19141c5f021910031c10310213105f161e07">[email protected]</span></a>.
RIN: 3245-AG88
230. Small Business Size Standards: Agriculture, Forestry, Fishing and
Hunting; Mining, Quarrying, and Oil and Gas Extraction; Utilities;
Construction [3245-AG89]
Legal Authority: 15 U.S.C. 632(a)
Abstract: The Small Business Jobs Act of 2010 (Jobs Act) requires
SBA to conduct every five years a detailed review of all size standards
and to make appropriate adjustments to reflect market conditions. As
part of the second five-year review of size standards under the Jobs
Act, in this rule, SBA has evaluated each industry that has a receipts-
based standard in North American Industry Classification System (NAICS)
Sector 11 (Agriculture, Forestry, Fishing and Hunting), Sector 21
(Mining, Quarrying, and Oil and Gas Extraction), Sector 22 (Utilities),
and Sector 23 (Construction), and made necessary adjustments to size
standards in these sectors. This is one of a series of rules that
examines groups of NAICS sectors. SBA has applied its Size Standards
Methodology to this rule.
Completed:
------------------------------------------------------------------------
Reason Date FR Cite
------------------------------------------------------------------------
Final Rule.......................... 03/31/22 87 FR 18607
Final Rule Effective................ 05/02/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Khem Raj Sharma, Phone: 202 205-7189, Fax: 202 205-
6390, Email: <a href="/cdn-cgi/l/email-protection#abc0c3cec685d8c3cad9c6caebd8c9ca85ccc4dd"><span class="__cf_email__" data-cfemail="1b70737e763568737a69767a5b68797a357c746d">[email protected]</span></a>.
RIN: 3245-AG89
231. Small Business Size Standards: Transportation and Warehousing;
Information; Finance and Insurance; Real Estate and Rental and Leasing
[3245-AG90]
Legal Authority: 15 U.S.C. 632(a)
Abstract: The Small Business Jobs Act of 2010 (Jobs Act) requires
SBA to conduct every five years a detailed review of all size standards
and to make appropriate adjustments to reflect market conditions. As
part of the second five-year review of size standards under the Jobs
Act, in this rule, SBA has evaluated each industry that has a receipts-
based standard in North American Industry Classification System (NAICS)
Sector 48-49 (Transportation and Warehousing), Sector 51 (Information),
Sector 52 (Finance and Insurance), and Sector 53 (Real Estate and
Rental and Leasing) and made necessary adjustments to size standards in
these sectors. This is one of a series of rules that examines groups of
NAICS sectors. SBA has applied its Size Standards Methodology to this
rule.
Completed:
------------------------------------------------------------------------
Reason Date FR Cite
------------------------------------------------------------------------
Final Rule.......................... 03/31/22 87 FR 18627
Final Rule Effective................ 05/02/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Khem Raj Sharma, Phone: 202 205-7189, Fax: 202 205-
6390, Email: <a href="/cdn-cgi/l/email-protection#7c17141911520f141d0e111d3c0f1e1d521b130a"><span class="__cf_email__" data-cfemail="7e15161b13500d161f0c131f3e0d1c1f50191108">[email protected]</span></a>.
RIN: 3245-AG90
232. Small Business Size Standards: Professional, Scientific and
Technical Services; Management of Companies and Enterprises;
Administrative and Support and Waste Management and Remediation
Services [3245-AG91]
Legal Authority: 15 U.S.C. 632(a)
Abstract: The Small Business Jobs Act of 2010 (Jobs Act) requires
SBA to conduct every five years a detailed review of all size standards
and to make appropriate adjustments to reflect market conditions. As
part of the second five-year review of size standards under the Jobs
Act, in this rule, SBA has evaluated each industry that has a receipts-
based standard in North American Industry Classification System (NAICS)
Sector 54 (Professional, Scientific and Technical Services), Sector 55
(Management of Companies and Enterprises), and Sector 56
(Administrative and Support, Waste Management and Remediation Services)
and made necessary adjustments to size standards in these sectors. This
is one of a series of rules that examines groups of NAICS sectors. SBA
has applied its Size Standards Methodology to this rule.
Completed:
------------------------------------------------------------------------
Reason Date FR Cite
------------------------------------------------------------------------
Final Rule.......................... 03/31/22 87 FR 18665
Final Rule Effective................ 05/02/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Khem Raj Sharma, Phone: 202 205-7189, Fax: 202 205-
6390, Email: <a href="/cdn-cgi/l/email-protection#dbb0b3beb6f5a8b3baa9b6ba9ba8b9baf5bcb4ad"><span class="__cf_email__" data-cfemail="02696a676f2c716a63706f63427160632c656d74">[email protected]</span></a>.
RIN: 3245-AG91
233. Small Business Size Standards: Calculation of Number of Employees
for All Programs and of Average Annual Receipts in Business Loan,
Disaster Loan, and Small Business Investment Company Programs [3245-
AH26]
Legal Authority: 15 U.S.C. 632(a)(2); Pub. L. 115-324; Pub. L. 116-
283
Abstract: In accordance with section 863 of the National Defense
Authorization Act for Fiscal Year 2021, Public Law 116-238, in this
rulemaking SBA proposes to change the averaging period for employee-
based size standards from 12 months to 24 months. In addition, the
Small Business Runway Extension Act of 2018, Public Law 115-324,
amended the Small Business Act to provide for calculation of average
annual gross receipts using a 5-year average, rather than the prior 3-
year average, in defined circumstances. In RIN 3245-AH16, SBA
implemented the Small Business Runway Extension Act in programs other
than SBA's loan programs--including SBA's procurement programs--and SBA
issued its final rule in that first rulemaking on December 5, 2019 (84
FR 66561). This second rulemaking would consider how to address the
Small Business Runway Extension Act in SBA's business loan, disaster
loan, and SBIC programs. Specifically, SBA also proposes to permit
businesses in its Business Loan, Disaster Loan, and Small Business
Investment Company (SBIC) Programs to use a 5-year averaging period, in
addition to the existing 3-year averaging period, for the purposes of
calculating annual average receipts. These proposed changes will allow
larger small businesses to retain their small business size status for
longer, and some mid-sized businesses to regain small business status.
Completed:
------------------------------------------------------------------------
Reason Date FR Cite
------------------------------------------------------------------------
NPRM................................ 11/02/21 86 FR 60396
Final Rule.......................... 06/06/22 87 FR 34094
Final Rule Effective................ 07/06/22
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
[[Page 48356]]
Agency Contact: Khem Raj Sharma, Phone: 202 205-7189, Fax: 202 205-
6390, Email: <a href="/cdn-cgi/l/email-protection#177c7f727a39647f76657a765764757639707861"><span class="__cf_email__" data-cfemail="345f5c51591a475c55465955744756551a535b42">[email protected]</span></a>.
RIN: 3245-AH26
[FR Doc. 2022-15034 Filed 8-5-22; 8:45 am]
BILLING CODE 8026-03-P
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</html>Indexed from Federal Register on August 8, 2022.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.