Proposed Rule2024-00460
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
February 9, 2024
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 or Agency). This summary information enables 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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<title>Federal Register, Volume 89 Issue 28 (Friday, February 9, 2024)</title>
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[Federal Register Volume 89, Number 28 (Friday, February 9, 2024)]
[Proposed Rules]
[Pages 9648-9650]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-00460]
[[Page 9647]]
Vol. 89
Friday,
No. 28
February 9, 2024
Part XVIII
Small Business Administration
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Semiannual Regulatory Agenda
Federal Register / Vol. 89 , No. 28 / Friday, February 9, 2024 / UA:
Reg Flex Agenda
[[Page 9648]]
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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.
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SUMMARY: This semiannual Regulatory Agenda (Agenda) is a summary of
current and projected rulemakings and completed actions of the Small
Business Administration (SBA or Agency). This summary information
enables 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 Lindsey K. McCready,
U.S. Small Business Administration, 409 Third Street SW, Washington, DC
20416; (202) 401-2996; <a href="/cdn-cgi/l/email-protection#375b5e595344524e195a5454455256534e7744555619505841"><span class="__cf_email__" data-cfemail="e18d888f85928498cf8c82829384808598a1928380cf868e97">[email protected]</span></a>; or Kevin P. Ross, U.S.
Small Business Administration, 409 Third Street SW, Washington, DC
20416; (202) 772-2065; <a href="/cdn-cgi/l/email-protection#650e00130c0b4b170a1616251607044b020a13"><span class="__cf_email__" data-cfemail="630806150a0d4d110c1010231001024d040c15">[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
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Regulation
Sequence No. Title Identifier No.
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459....................... Affiliation in Small 3245-AH97
Business Procurement
Programs.
460....................... Regulatory Reform 3245-AI06
Initiative: Streamlining
and Modernizing the
Surety Bond Guarantee
Program.
461....................... Export Working Capital 3245-AI07
Program.
462....................... Disaster Assistance Loan 3245-AI08
Program Changes to
Unsecured Loan Amounts.
------------------------------------------------------------------------
Small Business Administration--Final Rule Stage
------------------------------------------------------------------------
Regulation
Sequence No. Title Identifier No.
------------------------------------------------------------------------
463....................... Small Business Size 3245-AG16
Standards: Adjustment of
Alternative Size Standard
for SBA's 7(a) and CDC/
504 Loan Programs for
Inflation; and Surety
Bond Limits: Adjustments
for Inflation.
464....................... Small Business Timber Set- 3245-AG69
Aside Program.
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Small Business Administration--Completed Actions
------------------------------------------------------------------------
Regulation
Sequence No. Title Identifier No.
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465....................... Small Business Development 3245-AE05
Center Program Revisions.
466....................... National Defense 3245-AH28
Authorization Act of
2020, Credit for Lower
Tier Subcontracting and
Other Amendments.
467....................... Small Business Size 3245-AH93
Standards: Adjustment of
Monetary Based Size
Standards, Disadvantage
Thresholds, and 8(a)
Eligibility Thresholds
for Inflation.
------------------------------------------------------------------------
SMALL BUSINESS ADMINISTRATION (SBA)
Proposed Rule Stage
459. Affiliation in Small Business Procurement Programs [3245-AH97]
Legal Authority: 15 U.S.C. 632(a)
Abstract: Following revisions to the requirements in SBA's 8(a)
Business Development and Service-Disabled Veteran-Owned Small Business
programs, SBA is issuing conforming revisions to its affiliation rules
that govern all of the small-business procurement programs. These
revisions will ensure consistent requirements for ownership and control
across SBA's procurement programs.
Timetable:
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Action Date FR Cite
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NPRM................................ 10/00/24 .......................
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Sam Le, Director of Policy, Planning, and Liaison,
Small Business Administration, 409 3rd Street SW, Washington, DC 20416,
Phone: 202 619-1789, Email: <a href="/cdn-cgi/l/email-protection#7300121e5d1f16330011125d141c05"><span class="__cf_email__" data-cfemail="6d1e0c004301082d1e0f0c430a021b">[email protected]</span></a>.
RIN: 3245-AH97
460. <bullet> Regulatory Reform Initiative: Streamlining and
Modernizing the Surety Bond Guarantee Program [3245-AI06]
Legal Authority: 15 U.S.C. 694(b)
Abstract: The Office of Surety Guarantees (OSG) will publish a
Notice of Proposed Rulemaking (NPRM) to receive comments from the
public and surety industry regarding streamlining and modernizing the
Surety Bond Guarantee Program. This proposed rule will reduce the file
retainage and form submission burden of participating surety companies,
correct conflicting provisions, as well as revise the obsolete
preferred surety admissions
[[Page 9649]]
requirements and the Quarterly Contract Completion Report.
Timetable:
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Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 01/00/24
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Jermaine Perry, Director, Office of Surety
Guarantees, Small Business Administration, 409 3rd Street SW,
Washington, DC 20416, Phone: 202 401-8275, Email:
<a href="/cdn-cgi/l/email-protection#7a101f08171b13141f540a1f0808033a09181b541d150c"><span class="__cf_email__" data-cfemail="177d72657a767e797239677265656e5764757639707861">[email protected]</span></a>.
RIN: 3245-AI06
461. <bullet> Export Working Capital Program [3245-AI07]
Legal Authority: 15 U.S.C. 636(a)
Abstract: SBA will publish a notice of proposed rulemaking to
enhance the Export Working Capital Program (EWCP). The revisions
concern (1) increasing the maximum maturity on an EWCP loan from 3-
years to 5-years; (2) changing the regulations to allow EWCP loan
proceeds to be used to finance export transactions or support companies
who engage in export transactions by providing working capital against
their accounts receivable and inventory; (3) allowing use of proceeds
for asset-based working capital secured by inventory and accounts
receivable; (4) including a de minimis amount of domestic accounts
receivable (not to exceed 30%) for EWCP loans used as an asset based
line of credit; (5) allow Applicants to submit projections to support
the need for facilities supporting pre-shipment working capital; (6)
revise the unique requirements for the EWCP to align with industry
standards for asset based lending.
Timetable:
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Action Date FR Cite
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NPRM................................ 01/00/24
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Daniel Pische, National Director of Trade Finance,
Office of International Trade, Small Business Administration, 409 Third
Street SW, Washington, DC 20416, Phone: 202 321-5666, Email:
<a href="/cdn-cgi/l/email-protection#4125202f28242d6f312832222924013223206f262e37"><span class="__cf_email__" data-cfemail="3357525d5a565f1d435a40505b56734051521d545c45">[email protected]</span></a>.
RIN: 3245-AI07
462. <bullet> Disaster Assistance Loan Program Changes to Unsecured
Loan Amounts [3245-AI08]
Legal Authority: 15 U.S.C. 636(b)
Abstract: SBA will publish a notice of proposed rulemaking in order
to receive comments from the public regarding the proposal to increase
the unsecured loan amounts for disaster survivors.
Timetable:
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Action Date FR Cite
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NPRM................................ 02/00/24
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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#204449414e4e410e534541424f524e605342410e474f56"><span class="__cf_email__" data-cfemail="f3979a929d9d92dd809692919c819db3809192dd949c85">[email protected]</span></a>.
RIN: 3245-AI08
SMALL BUSINESS ADMINISTRATION (SBA)
Final Rule Stage
463. Small Business Size Standards: Adjustment of Alternative Size
Standard for SBA's 7(a) and CDC/504 Loan Programs for Inflation; and
Surety Bond Limits: Adjustments for Inflation [3245-AG16]
Legal Authority: Pub. L. 111-240, sec. 1116
Abstract: SBA proposes amending 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:
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Action Date FR Cite
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ANPRM............................... 03/22/18 83 FR 12506
ANPRM Comment Period End............ 05/21/18
NPRM................................ 07/28/23 88 FR 48739
NPRM Comment Period End............. 09/26/23
Final Rule.......................... 01/00/24
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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#8ee5e6ebe3a0fde6effce3efcefdecefa0e9e1f8"><span class="__cf_email__" data-cfemail="d9b2b1bcb4f7aab1b8abb4b899aabbb8f7beb6af">[email protected]</span></a>.
RIN: 3245-AG16
464. 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 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:
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Action Date FR Cite
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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.......................... 03/00/24
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Sam Le, Director of Policy, Planning, and Liaison,
Small Business Administration, 409 3rd Street SW, Washington, DC 20416,
Phone: 202 619-1789, Email: <a href="/cdn-cgi/l/email-protection#bfccded291d3daffccddde91d8d0c9"><span class="__cf_email__" data-cfemail="c4b7a5a9eaa8a184b7a6a5eaa3abb2">[email protected]</span></a>.
RIN: 3245-AG69
[[Page 9650]]
SMALL BUSINESS ADMINISTRATION (SBA)
Completed Actions
465. 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: (1)
streamline and make the application process less onerous for recipient
organizations; (2) codify current practices required under the NOFO and
Cooperative Agreement; (3) clarify and define the role of the District
Office regarding grant oversight; (4) add and clarify definitions; and
(5) clarify SBDC client confidentiality.
Completed:
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Reason Date FR Cite
------------------------------------------------------------------------
Public Meeting...................... 07/18/23 88 FR 41459
Final Rule.......................... 11/07/23 88 FR 76625
Final Rule Effective................ 12/07/23
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Rachel Newman-Karton, Phone: 202 619-1816, Email:
<a href="/cdn-cgi/l/email-protection#93e1f2f0fbf6ffbdfdf6e4fef2fdbef8f2e1e7fcfdd3e0f1f2bdf4fce5"><span class="__cf_email__" data-cfemail="473526242f222b692922302a26296a2c26353328290734252669202831">[email protected]</span></a>.
RIN: 3245-AE05
466. 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.
Completed:
------------------------------------------------------------------------
Reason Date FR Cite
------------------------------------------------------------------------
Final Rule.......................... 10/11/23 88 FR 11303
Final Rule Effective................ 11/13/23
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Brenda J. Fernandez, Phone: 202 205-7337, Email:
<a href="/cdn-cgi/l/email-protection#442636212a20256a2221362a252a20213e043726256a232b32"><span class="__cf_email__" data-cfemail="5b39293e353f3a753d3e29353a353f3e211b28393a753c342d">[email protected]</span></a>.
RIN: 3245-AH28
467. Small Business Size Standards: Adjustment of Monetary Based Size
Standards, Disadvantage Thresholds, and 8(a) Eligibility Thresholds for
Inflation [3245-AH93]
Legal Authority: 15 U.S.C. 632(a); 15 U.S.C. 637(a)(6)(A)
Abstract: SBA intends to issue this rulemaking to adjust its
monetary small business size standards (i.e., receipts, net income, net
worth, and financial assets) for the effects of inflation that have
occurred since the last inflation adjustment, which was effective on
August 19, 2019. SBA is required by its regulations in 13 CFR
121.102(c) to review the effects of inflation on its monetary standards
at least once every five years. As in previous adjustments, SBA will
apply the Gross Domestic Product (GDP) price index as a measure of
inflation. This action will restore small business eligibility to
businesses that have lost that status due to inflation.
In addition, SBA intends to adjust other monetary thresholds in its
regulations that are otherwise not adjusted for inflation under FAR
1.109. These thresholds primarily are those used in the 8(a) Business
Development and the Economically Disadvantaged Women-Owned Small
Business (EDWOSB) programs to determine economic disadvantage. Others
are used to maintain eligibility for the 8(a) program. In some cases,
these thresholds have not been adjusted for 25 years. This action will
permit small businesses to retain eligibility as economically
disadvantaged and eligible for the 8(a) program, despite an increase in
inflation.
SBA will publicize the rule via the Small Business Procurement
Advisory Council, the Integrated Acquisition Environment, <a href="http://fbo.gov">fbo.gov</a>,
press releases, publication of this rule in the Federal Register,
emails to interested parties, and the size standards website at
<a href="http://www.sba.gov/size">www.sba.gov/size</a>.
Completed:
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Reason Date FR Cite
------------------------------------------------------------------------
Final Rule.......................... 07/19/23 88 FR 46048
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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#e58e8d8088cb968d84978884a5968784cb828a93"><span class="__cf_email__" data-cfemail="d3b8bbb6befda0bbb2a1beb293a0b1b2fdb4bca5">[email protected]</span></a>.
RIN: 3245-AH93
[FR Doc. 2024-00460 Filed 2-8-24; 8:45 am]
BILLING CODE 8026-03-P
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