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Look-Back Measurement Period New Legislation

Venable LLP

Maryland Legislation Repealing the Statute of Limitations for Civil Suits Based on Child Sexual Abuse Is Signed into Law

Venable LLP on

On April 11, Governor Wes Moore signed into law the Child Victims Act of 2023, which permits survivors of child sexual abuse to file a civil lawsuit at any time, repealing both the current statute of limitations and the...more

Bradley Arant Boult Cummings LLP

Important Update Re: Small Business Runway Extension Act of 2018

We recently reported that, on December 17, 2018, President Trump signed into law a bill that amends the Small Business Act to require that the size of a federal contractor be measured by an average of five years—rather than...more

Pillsbury Winthrop Shaw Pittman LLP

Small Business Holiday Gift: Change to Small Business Act May Affect Size Status for Many Service Providers

The Small Business Runway Extension Act of 2018 extends the measurement period from three to at least five years for contractors under revenue-based size standards to determine small business eligibility. The Runway Act...more

Holland & Knight LLP

SBA NOTICE: Small Business Runway Extension Not Effective Until Rulemaking

Holland & Knight LLP on

To ring in the new year, we have an important update on the Small Business Runway Extension Act. Effective Dec. 21, 2018, Small Business Administration (SBA) issued an internal notice that the Small Business Runway Extension...more

Williams Mullen

Congress’ Holiday Gift To Small Businesses – Two Years

Williams Mullen on

For many businesses, the transition from being a “small business concern” to an “other than small” concern can be traumatic, not unlike the neophyte daredevil being shot out of a circus cannon and hoping that there will be a...more

Bradley Arant Boult Cummings LLP

Small Business Runway Extension Act Proving to Be a Double-Edged Sword

We recently reported that, on December 17, 2018, President Trump signed into law a bill that amends the Small Business Act to require that the size of a federal contractor be measured by an average of five years—rather than...more

Bradley Arant Boult Cummings LLP

Size Determination Measurement Period Changed from Three Years to Five Years

On December 17, 2018, President Trump signed into law a bill that amends the Small Business Act to require that the size of a federal contractor be measured by an average of five years, rather than three years, of revenue for...more

Holland & Knight LLP

New Law Makes Small Business Size Status Look-Back Five Years

Holland & Knight LLP on

President Trump signed a bill into law that changes the look-back period for determining small businesses' size status from three years to five. The change means that the size of a contractor will be measured by averaging the...more

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