The U.S. Small Business Administration (SBA) has issued and interim final rule that adjusts monetary small business size standards for inflation. Specifically, the interim final rule:
- Increases by 8.37 percent all receipts-based size standards (except for agricultural industry size standards) for inflation that has occurred since the last inflation adjustment in 2014
- Increases by 8.37 percent all asset-based size standards for inflation that has occurred since the last inflation adjustment in 2014
- Increases by 40.26 percent the receipts-based size standards for agricultural industries for inflation that has occurred since the agricultural industry size standards were set by statute in 2000
- Increases by 8.37 percent the program-based size standards for “Sales or leases of government property” and “Stockpile purchases” for inflation that has occurred since the last inflation adjustment in 2014
If you would like to submit comments on SBA’s proposed rule, identify them by RIN 3245-AH17. We recommend that you comment through the Federal eRulemaking Portal: https://www.regulations.gov. Follow the instructions there for submitting comments. The period for comments ends on September 16, 2019.
You may also review the proposed rule together with comments from interested parties by going to https://www.regulations.gov.