Small Business Size Standards; Adoption of 2012 North American Industry Classification System for Size Standards; Correction, 71296 [2014-28329]

Agencies

• SMALL BUSINESS ADMINISTRATION

[Federal Register Volume 79, Number 231 (Tuesday, December 2, 2014)]
[Rules and Regulations]
[Page 71296]
From the Federal Register Online via the Government Printing 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
----------------------------------------------------------------------------------------------------------------
                                                                                  Size standards  Size standards
                NAICS codes                       NAICS U.S. industry title       in millions of   in number of
                                                                                      dollars        employees
----------------------------------------------------------------------------------------------------------------
 
                                                  * * * * * * *
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