The Small Business Runway Extension Act Is One Step Closer to Take Off
Client Alert | 1 min read | 07.08.19
On June 24, 2019, the U.S. Small Business Administration published a rule proposing to amend the time period for calculating average annual receipts for SBA’s receipts-based size standards from three to five years. This rule would implement the congressional intent behind the Small Business Runway Extension Act of 2018, which the SBA previously instructed did not permit small businesses to immediately begin certifying against a five-year time period. In the proposed rule, the SBA again warns that the three-year calculation period continues to apply to any offer submitted prior to the effective date of a final rule. Comments on the proposed rule are due by August 23, 2019.
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Executive Branch Focus on Federally Funded Inventions
In recent months the executive branch has indicated a willingness to assert control over intellectual property funded by federal research dollars in novel ways. This could potentially include leveraging its march-in rights under the Bayh-Dole Act.
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Key Takeaways to the State Attorneys General - Election Day 2025
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Supreme Court Oral Argument on Presidential Tariff Authority
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