H.R. 2345: Clarifying the Small Business Runway Extension Act

116th Congress · introduced 2019-04-18 · Commerce · Latest: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

federal

Follow this bill, step by step

Where it came from: introduced 2019-04-18 · official record
Who proposed it: Rep. Stauber, Pete [R-MN-8] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Clarifying the Small Business Runway Extension Act

Plain summary

Clarifying the Small Business Runway Extension Ac t This bill addresses the statutory authority of the Small Business Runway Extension Act of 2018. The Small Business Administration (SBA) is subject to the Act's requirements for prescribing size standards for small businesses. The SBA must (1) issue a final rule implementing such Act by December 17, 2019, and (2) implement a transition plan to assist businesses and federal agencies in complying with the Act's requirements. The bill calculates (1) size standards for small businesses providing services on the basis of the annual average gross receipts of the business over a five-year period (currently, at least a five-year period); and (2) the size of other businesses on the basis of data over a five-year period (currently, at least a three-year period). The System for Award Management must be updated to comply with the requirements of this bill.

Congressional Research Service summary (Passed House), quoted unchanged (nonpartisan). Read the source.

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A “Nay” vote

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PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Clarifying the Small Business Runway Extension Act

Source: Congressional Research Service summary (Passed House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Stauber, Pete [R-MN-8] · 2 cosponsors

Cost estimate: CBO cost estimate: H.R. 2345, Clarifying the Small Business Runway Extension Act (2019-06-27)

Cosponsors on this site

Jared F. Golden (D-ME), Angie Craig (D-MN)

Sponsor's campaign money: Rep. Stauber, Pete [R-MN-8] reported raising $2.6 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (3)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Rulemaking: The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.
Statute: A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Passed House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr2345.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr2345 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116