Proposed Rule2024-16463
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 16, 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). 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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<title>Federal Register, Volume 89 Issue 159 (Friday, August 16, 2024)</title>
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[Federal Register Volume 89, Number 159 (Friday, August 16, 2024)]
[Unknown Section]
[Pages 66888-66890]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-16463]
[[Page 66887]]
Vol. 89
Friday,
No. 159
August 16, 2024
Part XVII
Small Business Administration
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Semiannual Regulatory Agenda
Federal Register / Vol. 89 , No. 159 / Friday, August 16, 2024 / UA:
Reg Flex Agenda
[[Page 66888]]
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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). 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 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#d5b9bcbbb1a6b0acfbb8b6b6a7b0b4b1ac95a6b7b4fbb2baa3"><span class="__cf_email__" data-cfemail="97fbfef9f3e4f2eeb9faf4f4e5f2f6f3eed7e4f5f6b9f0f8e1">[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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228....................... Affiliation in Small 3245-AH97
Business Procurement
Programs.
229....................... Regulatory Reform 3245-AI06
Initiative: Streamlining
and Modernizing the
Surety Bond Guarantee
Program.
230....................... Export Working Capital 3245-AI07
Program.
231....................... Disaster Assistance Loan 3245-AI08
Program Changes to
Unsecured Loan Amounts.
232....................... Small Business Size 3245-AI12
Standards: Monetary-Based
Industry Size Standards.
233....................... Small Business Size 3245-AI13
Standards: Employee-Based
Industry Size Standards.
------------------------------------------------------------------------
Small Business Administration--Final Rule Stage
------------------------------------------------------------------------
Regulation
Sequence No. Title Identifier No.
------------------------------------------------------------------------
234....................... 504 Loan Program Debt 3245-AI15
Refinancing With and
Without Expansion Updates.
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Small Business Administration--Completed Actions
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Regulation
Sequence No. Title Identifier No.
------------------------------------------------------------------------
235....................... 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.
236....................... Small Business Timber Set- 3245-AG69
Aside Program.
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SMALL BUSINESS ADMINISTRATION (SBA)
Proposed Rule Stage
228. 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................................ 09/00/24
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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#5a293b3774363f1a29383b743d352c"><span class="__cf_email__" data-cfemail="deadbfb3f0b2bb9eadbcbff0b9b1a8">[email protected]</span></a>.
RIN: 3245-AH97
229. 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 requirements and the Quarterly Contract
Completion Report.
Timetable:
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Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 08/00/24
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Regulatory Flexibility Analysis Required: Yes.
[[Page 66889]]
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#3e545b4c535f57505b104e5b4c4c477e4d5c5f10595148"><span class="__cf_email__" data-cfemail="8ae0eff8e7ebe3e4efa4faeff8f8f3caf9e8eba4ede5fc">[email protected]</span></a>.
RIN: 3245-AI06
230. 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
------------------------------------------------------------------------
NPRM................................ 09/00/24
------------------------------------------------------------------------
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#1571747b7c70793b657c66767d70556677743b727a63"><span class="__cf_email__" data-cfemail="d4b0b5babdb1b8faa4bda7b7bcb194a7b6b5fab3bba2">[email protected]</span></a>.
RIN: 3245-AI07
231. 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................................ 07/00/24
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Alejandro Contreras, Acting Director, Office of
Financial Assistance, Small Business Administration, 409 Third Street
SW, Washington, DC 20416, Phone: 202 205-6674, Email:
<a href="/cdn-cgi/l/email-protection#543538313e353a30263b7a373b3a202631263527142736357a333b22"><span class="__cf_email__" data-cfemail="bcddd0d9d6ddd2d8ced392dfd3d2c8ced9ceddcffccfdedd92dbd3ca">[email protected]</span></a>.
RIN: 3245-AI08
232. <bullet> Small Business Size Standards: Monetary-Based Industry
Size Standards [3245-AI12]
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 third 5-year review of size standards under the Jobs Act,
in this proposed rule, SBA will evaluate all industries with monetary-
based size standards and make necessary adjustments to their size
standards. This is one of the two of proposed rules that SBA will
issue. 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 purposed
rule.
Timetable:
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Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 08/00/24
------------------------------------------------------------------------
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#3952515c54174a51584b5458794a5b58175e564f"><span class="__cf_email__" data-cfemail="056e6d60682b766d64776864457667642b626a73">[email protected]</span></a>.
RIN: 3245-AI12
233. <bullet> Small Business Size Standards: Employee-Based Industry
Size Standards [3245-AI13]
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 third 5-year review of size standards under the Jobs Act,
in this proposed rule, SBA will evaluate all industries with employee-
based size standards and make necessary adjustments to their size
standards. This is one of the two of proposed rules that SBA will
issue. 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 purposed
rule.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
NPRM................................ 08/00/24
------------------------------------------------------------------------
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#ea81828f87c499828b98878baa99888bc48d859c"><span class="__cf_email__" data-cfemail="4f24272a22613c272e3d222e0f3c2d2e61282039">[email protected]</span></a>.
RIN: 3245-AI13
SMALL BUSINESS ADMINISTRATION (SBA)
Final Rule Stage
234. <bullet> 504 Loan Program Debt Refinancing With and Without
Expansion Updates [3245-AI15]
Legal Authority: 15 U.S.C. 695 et seq.
Abstract: SBA proposes to update the 504 loan program to broaden
eligibility and increase access to capital for small business
borrowers. This will include debt refinancing with and without
expansion as well as economic development objectives.
Timetable:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
Direct Final Rule................... 07/00/24
------------------------------------------------------------------------
Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Linda Reilly, Chief, 504 Loan Program, Small
Business Administration, 409 Third Street SW, Washington, DC 20416,
Phone: 202 604-5032, Email: <a href="/cdn-cgi/l/email-protection#44282d2a20256a36212d28283d043726256a232b32"><span class="__cf_email__" data-cfemail="5f3336313b3e712d3a363333261f2c3d3e71383029">[email protected]</span></a>.
RIN: 3245-AI15
SMALL BUSINESS ADMINISTRATION (SBA)
Completed Actions
235. 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
[[Page 66890]]
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.
Completed:
------------------------------------------------------------------------
Action Date FR Cite
------------------------------------------------------------------------
Final Rule.......................... 02/15/24 89 FR 11703
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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#6e05060b03401d060f1c030f2e1d0c0f40090118"><span class="__cf_email__" data-cfemail="d7bcbfb2baf9a4bfb6a5bab697a4b5b6f9b0b8a1">[email protected]</span></a>.
RIN: 3245-AG16
236. 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.
Completed:
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Action Date FR Cite
------------------------------------------------------------------------
Withdrawn........................... 01/01/24
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Regulatory Flexibility Analysis Required: Yes.
Agency Contact: Sam Le, Phone: 202 619-1789, Email: <a href="/cdn-cgi/l/email-protection#4e3d2f2360222b0e3d2c2f60292138"><span class="__cf_email__" data-cfemail="7704161a591b123704151659101801">[email protected]</span></a>.
RIN: 3245-AG69
[FR Doc. 2024-16463 Filed 8-15-24; 8:45 am]
BILLING CODE 8026-03-P
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