In April 2019, the Small Business Administration (SBA) released a plan to enact revised size standards for small businesses. According to the SBA, a size standard is usually defined by the number of employees or average annual receipts and represents the largest size that a business, including subsidiaries and affiliates, may be to remain classified as a small business for SBA and federal contract programs. In 2010, the United States Congress passed the Small Business Jobs Act (Jobs Act) which requires the SBA to review all size standards every five years. Under the Jobs Act, the SBA is also required to adjust to reflect market conditions as needed, including inflation.