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National Defense Authorization Act for Fiscal Year 2016

Floor Speech

By: Mike Bost
By: Mike Bost
Date: May 14, 2015
Location: Washington, DC
Issues: Business and Consumers Defense Government Budget and Spending

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Mr. BOST. I thank the chairman for yielding and this opportunity to offer my amendment.

Mr. Chair, when the Small Business Administration sets a size standard for a small business, it is determining whether that company can qualify for loans, Federal contracts, and other development assistance.

Unfortunately, there are times that the SBA sets an inappropriate size standard, wrongly classifying a small business as a large business, which can deny them critical access and assistance and contract opportunities.

My bipartisan amendment, offered with the gentleman from Virginia (Mr. Connolly), builds upon previous efforts to improve the SBA size standards process. This will empower America's job creators to appeal directly to the SBA when they believe they have received an inappropriate designation. This change will spare small businesses from having to engage in expensive and time-consuming lawsuits to make their voice heard.

Our amendment is supported by the National Small Business Association, the National Defense Industrial Association, and other small business organizations.

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