To modify the definition of small business concern for purposes of the airport improvement program.
Sen. Cory A. Booker (D-NJ)Legislative Activity
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Senate amendment submitted
April 11, 2016
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Senate amendment submitted
April 11, 2016
Senate amendment proposed (on the floor): Amendment SA 3620 proposed by Senator Thune for Senator Booker to Amendment SA 3464.(consideration: CR S1876-1878; text: CR S1877)
April 11, 2016
Senate amendment agreed to: Amendment SA 3620 agreed to in Senate by Voice Vote.
April 11, 2016
Senate amendment submitted
April 11, 2016
Amendment SA 3620 proposed by Senator Thune for Senator Booker to Amendment SA 3464. (consideration: CR S1876-1878; text: CR S1877) To modify the definition of small business concern for purposes of the airport improvement program.
April 11, 2016
Amendment SA 3620 agreed to in Senate by Voice Vote.
April 11, 2016
Text
Submitted
SA 3620. Mr. BOOKER submitted an amendment intended to be proposed to amendment SA 3464 submitted by Mr. Thune (for himself and Mr. Nelson) to the bill H.R. 636, to amend the Internal Revenue Code of 1986 to permanently extend increased expensing limitations, and for other purposes; as follows: At the end of subtitle B of title I, add the following: SEC. 1226. DEFINITION OF SMALL BUSINESS CONCERN. Section 47113(a)(1) is amended to read as follows: ``(1) `small business concern'-- ``(A) except as provided in subparagraph (B), has the same meaning given that term [[Page S1870]] in section 3 of the Small Business Act (15 U.S.C. 632); and ``(B) in the case of a concern in the construction industry, a concern shall be considered a small business concern if the concern meets the size standard for the North American Industry Classification System Code 237310, as adjusted by the Small Business Administration;''. ______