[Federal Register Volume 79, Number 231 (Tuesday, December 2, 2014)]
[Rules and Regulations]
[Page 71296]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-28329]
[[Page 71296]]
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SMALL BUSINESS ADMINISTRATION
13 CFR Part 121
RIN 3245-AG47
Small Business Size Standards; Adoption of 2012 North American
Industry Classification System for Size Standards; Correction
AGENCY: U.S. Small Business Administration.
ACTION: Interim final rule; correction.
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SUMMARY: The U.S. Small Business Administration (SBA) is correcting an
interim final rule that appeared in the Federal Register on August 20,
2012 (75 FR 49991), effective October 1, 2012. The interim rule amended
SBA's Small Business Size Regulations by incorporating the Office of
Management and Budget's 2012 North American Industry Classification
System update (NAICS 2012) into its table of small business size
standards. The NAICS 2012 revised the definitions of some NAICS
industries by deleting some and merging others with the new or other
revised industries. This action corrects the small business size
standard for NAICS 334419, Other Electronic Component Manufacturing,
from 500 employees to 750 employees, effective immediately.
DATES: Effective December 2, 2014.
FOR FURTHER INFORMATION CONTACT: Khem Sharma, Chief, Office of Size
Standards, U.S. Small Business Administration, 409 Third Street SW.,
Washington, DC 20416.
SUPPLEMENTARY INFORMATION: The NAICS 2012 revised the NAICS 2007
definition for NAICS 334419, Other Electronic Component Manufacturing,
by merging with it NAICS 334411, Electron Tube Manufacturing, but
retained the existing industry title. NAICS 334419 had a size standard
of 500 employees, while NAICS 334411 had 750 employees. In accordance
with SBA's policy of adopting the highest size standard among the
industries merged, on page 50001 of the August 20, 2012 interim final
rule (75 FR 49991), SBA indicated in Table 2 ``NAICS 2012 Codes Matched
to NAICS 2007 Codes and Size Standards'' that it is adopting 750
employees as the small business size standard for the revised NAICS
334419. To amend the table in Sec. 121.201, ``Small Business Size
Standards by NAICS Industry'', on page 50008, the rule states ``ttt.
Remove the entries for 334411, 334414, and 334415''. However, the rule
did not revise the size standard for NAICS 344119 to 750 employees.
Therefore, the revised table, ``Small Business Size Standards by NAICS
Industry'' shows the old, incorrect size standard of 500 employees for
NAICS 334419.
Need For Correction
The purpose of this action is to correct the table ``Small Business
Size Standards by NAICS Industry'' (13 CFR 121.201) by revising the
size standard for NAICS 334419, Other Electronic Component
Manufacturing, from 500 employees to 750 employees.
List of Subjects in 13 CFR Part 121
Administrative practice and procedure, Government procurement,
Government property, Grant programs--business, Individuals with
disabilities, Loan programs--business, Reporting and recordkeeping
requirements, Small businesses.
For the reasons set forth in the preamble, SBA amends 13 CFR part
121 by making the following correcting amendment:
PART 121--SMALL BUSINESS SIZE REGULATIONS
0
1. The authority citation for part 121 continues to read as follows:
Authority: 15 U.S.C. 632, 634(b)(6), 636(b), 662, 694a(9).
0
2. In Sec. 121.201, revise the entry ``334419'' in the table, ``Small
Business Size Standards by NAICS Industry'' to read as follows:
Sec. 121.201 What size standards has SBA identified by North American
Industry Classification System codes?
* * * * *
Small Business Size Standards by NAICS Industry
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Size standards Size standards
NAICS codes NAICS U.S. industry title in millions of in number of
dollars employees
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* * * * * * *
334419..................................... Other Electronic Component .............. 750
Manufacturing.
* * * * * * *
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Dated: November 18, 2014.
Kenneth Dodds,
Director for Office of Policy, Planning and Liaison.
[FR Doc. 2014-28329 Filed 12-1-14; 8:45 am]
BILLING CODE 8025-01-P