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SBA RIN: 3245-AI04 Publication ID: Fall 2024 
Title: WOSB Program Updates and Clarifications 
Abstract:

The Small Business Administration is proposing to revise its final rule published on May 11, 2020. The final rule implemented certification for the WOSB Program and made several other changes, including adjusting the personal net worth calculations for economically-disadvantaged individuals, codifying third-party certifier oversight, and detailing how women-owned 8(a) Business Development Program participants and women-owned Center for Verification and Eligibility (now Veteran Small Business Certification) participants could apply for WOSB Program certification. This proposed rule will update the regulations to reflect changes in SBA policy, as well as feedback from stakeholders, since the final rule was published in 2020.

 
Agency: Small Business Administration(SBA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 13 CFR 124.106    13 CFR 126.103    13 CFR 127.102    13 CFR 127.202    13 CFR 127.300    13 CFR 127.303    13 CFR 127.304    13 CFR 127.356    13 CFR 127.504    13 CFR 127.604    13 CFR 127.701    13 CFR 128.203    13 CFR 128.500    13 CFR 134.1002   
Legal Authority: 15 U.S.C. 637(m)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  05/16/2024  89 FR 42816   
NPRM Comment Period End  07/15/2024 
Final Rule  12/04/2024  89 FR 96089   
Final Rule Effective  01/03/2025 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Harry T. Alexander Jr.
Business Opportunity Specialist
Small Business Administration
409 3rd St. SW,
Washington, DC 20416
Phone:202 619-0314
Email: harry.alexanderjr@sba.gov