On April 26, 2022, SBA published a proposed rule in the Federal Register proposing to revise employee-based size standards for businesses in Manufacturing (NAICS Sector 31-33) and industries with employee-based size standards in other sectors except Wholesale Trade (NAICS Sector 42) and Retail Trade (NAICS Sector 44-45). The proposed rule is part of the second 5-year rolling review of small business size standards, as required under the Small Business Jobs Act of 2010 (Public Law No. 111-240, sect. 1344, September 27, 2010).
SBA proposed to increase 150 employee-based size standards in those nine sectors, including 120 in Manufacturing and 30 in industries in other sectors excluding Wholesale Trade and Retail Trade.
Comments may be submitted on this proposed rule on or before June 27, 2022 though the Federal eRulemaking Portal at www.regulations.gov, using the following RIN number: RIN 3245-AH09. Follow the instructions there for submitting comments. You may also send comment by mail to Khem R. Sharma, Chief, Office of Size Standards, 409 3rd Street SW, Mail Code 6530, Washington, D.C., 20416.
You may also review the proposed rule together with comments from interested parties by going to https://www.regulations.gov.