House to Hold Hearing on Small Business Runway Extension Act

March 25, 2019

According to the House Committee on Small Businesses website, the Committee on Small Business Subcommittee on Contracting and Infrastructure will meet for a hearing titled, “Cleared for Take-off? Implementation of the Small Business Runway Extension Act.”

The Hearing is scheduled for March 26, 2019.

In December 2018 the Act was signed into law.  It was designed to help small businesses successfully close the gap in ‘competing in the small business space and the open marketplace against larger companies.’

The Small Business Administration is working on the regulations, and this hearing will consider the current state of H.R. 6330’s implementation and some solutions to mitigate challenges faced during the process, as well as steps that may be necessary to expand its reach.