Pub. L. 115-254, div. B, tit. I, subtit. C, sec. 150 (as amended)

DEFINITION OF SMALL BUSINESS CONCERN.

Year: 2025Length: 88 wordsOfficial source
SEC. 150. DEFINITION OF SMALL BUSINESS CONCERN. Section 47113(a)(1) of title 49, United States Code, is amended to read as follows: “(1) ‘small business concern’— “(A) has the meaning given the term in section 3 of the Small Business Act (15 U.S.C. 632); but “(B) in the case of a concern in the construction industry, a concern shall be considered a small business concern if the concern meets the size standard for the North American Industry Classification System Code 237310, as adjusted by the Small Business Administration;” .
Pub. L. 115-254, div. B, tit. I, subtit. C, sec. 150 (as amended): DEFINITION OF SMALL BUSINESS CONCERN. | Justis AI