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Small Business Size Standards; Inflation Adjustment to Size Standards.

SBA · final-rule · Published 2002-10-24 · Effective 2002-10-24 · 67 FR 65285

Document

Document number
02-27060
Federal Register citation
67 FR 65285
CFR reference
13 CFR 121
Type
Rule
Action
Final rule.
Category
final-rule
Agency
US Small Business Administration
Publication date
2002-10-24
Effective date
2002-10-24

Abstract

The U.S. Small Business Administration (SBA) is adopting as final the size standards promulgated as an interim final rule effective on February 22, 2002. This rule, like the interim final rule, adjusts the monetary-based size standards (e.g., receipts, net income, net worth, and assets) by 15.8 percent to account for the effects of inflation since 1994. SBA is also adopting a provision in its regulations that will require, at least once every five years, an assessment of the impact of inflation on monetary-based size standards. This periodic review will generally ensure that monetary-based standards are current with inflation trends.

Source

Authoritative
Federal Register document
Machine
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