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COMMERCE BUSINESS DAILY ISSUE OF AUGUST 3,1999 PSA#2401PROPOSED RULE TO MODIFY THE CALCULATION OF RECEIPTS FOR FIRMS IN THE
ARRANGEMENT OF TRANSPORTATION OF FREIGHT AND CARGO INDUSTRY (SIC 4731)
The Small Business Administration (SBA) has proposed to modify the way
average annual receipts are calculated for firms in the Arrangement of
Transportation of Freight and Cargo industry (Standard Industrial
Classification (SIC) code 4731). This rule would exclude funds received
in trust for unaffiliated third parties from calculation of a firm's
receipts. The current size standard for this industry, $18.5 million,
is based on gross billings and is equivalent to a firm size of $1.85
million in income from commissions and fees. SBA also proposes a size
standard of $5 million in average annual receipts (after excluding
funds received in trust for unaffiliated third parties). The revisions
are proposed to better define the size of business in this industry
that SBA believes should be eligible for Federal small business
assistance programs. The entire text of the Proposed Rule is in the
Federal Register of July 26, 1999 (64 FR 40314). The Proposed Rule can
also be found on SBA's web site at
http://www.sba.gov/library/lawroom.html. Comments on the Proposed Rule
are due to SBA by September 24, 1999. WEB: SBA's Online Library
Reading Room, http://www.sba.gov/library/lawroom.html. E-MAIL: SBA's
Office of Size Standards, sizestandards@sba.gov. Posted 07/30/99
(W-SN361151). Loren Data Corp. http://www.ld.com (SYN# 0583 19990803\SP-0007.MSC)
SP - Special Notices Index Page
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