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SBA RIN: 3245-AH17 Publication ID: Fall 2022 
Title: Small Business Size Standards: Adjustment of Monetary Based Size Standards for Inflation 
Abstract:

In this final rule, the U.S. Small Business Administration (SBA or Agency) adjusts all monetary based industry size standards (i.e., receipts, assets, net worth, and net income) for inflation since the last adjustment in 2014. In accordance with its regulations in 13 CFR 121.102(c), SBA is required to review the effects of inflation on its monetary standards at least once every five years and adjust them, if necessary. In addition, the Small Business Jobs Act of 2010 (Jobs Act) also requires SBA to conduct every five years a detailed review of all size standards and to make appropriate adjustments to reflect market conditions. This action will restore the small business eligibility of businesses that have lost that status due to inflation.

 
Agency: Small Business Administration(SBA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 13 CFR 121   
Legal Authority: 15 U.S.C. 632(a)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
Interim Final Rule  07/18/2019  84 FR 34261   
Interim Final Rule Effective  08/19/2019 
Interim Final Rule Comment Period End  09/16/2019 
Final Action  12/00/2022 
Regulatory Flexibility Analysis Required: Yes  Government Levels Affected: None 
Small Entities Affected: Businesses  Federalism: No 
Included in the Regulatory Plan: No 
Public Comment URL: http://www.regulations.gov  
RIN Data Printed in the FR: Yes 
Related RINs: Related to 3245-AH93 
Agency Contact:
Dr. Khem Raj Sharma
Chief, Office of Size Standards
Small Business Administration
409 Third Street SW,
Washington, DC 20416
Phone:202 205-7189
Fax:202 205-6390
Email: khem.sharma@sba.gov