S.Amdt. 2191

SA 2191. Mr. CARDIN submitted an amendment intended to be proposed to
amendment SA 2151 proposed by Mr. Crapo (for himself, Mr. Donnelly, Ms.
Heitkamp, Mr. Tester, and Mr. Warner) to the bill S. 2155, to promote
economic growth, provide tailored regulatory relief, and enhance
consumer protections, and for other purposes; which was ordered to lie
on the table; as follows:

At the appropriate place, insert the following:

SEC. __. SIZE STANDARDS FOR SMALL BUSINESS CONCERNS.

(a) Calculation on the Basis of Annual Average Gross
Receipts.--Section 3(a)(2)(C)(ii)(II) of the Small Business
Act (15 U.S.C. 632(a)(2)(C)(ii)(II)) is amended by striking
``over a period of not less than 3 years'' and inserting ``,
which shall be calculated by using the 3 lowest annual
average gross receipts of the business concern during the
preceding 5-year period''.
(b) Regulations.--Not later than 18 months after the date
of enactment of this Act, the Administrator of the Small
Business Administration shall promulgate regulations as
necessary to implement the amendment made by subsection (a).

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