The policy directives are to be modified within one year of enactment
What the document says“Not later than 1 year after the date of enactment of this Act, the Administrator of the Small Business Administration shall modify the policy directives issued pursuant to subsection (j) of section 9 of the Small Business Act (15 U.S.C. 638(j)) in accordance with paragraph (4) of that subsection, as amended by paragraph (1).”
Subsection (a)(2) sets a deadline. No later than one year after the date of enactment, the Administrator modifies the policy directives issued under section 9(j) of the Small Business Act to match paragraph (4) of that subsection as this section amends it. The Act was approved on April 13, 2026, so the modification falls due by April 13, 2027.
What the document actually says“Not later than 1 year after the date of enactment of this Act, the Administrator of the Small Business Administration shall modify the policy directives issued pursuant to subsection (j) of section 9 of the Small Business Act (15 U.S.C. 638(j)) in accordance with paragraph (4) of that subsection, as amended by paragraph (1).”
The head of the small business agency has one year. In that year the written rules must be changed to match.
The law was signed on April 13, 2026. So the change is due by April 13, 2027. The rules are what agency staff work from.
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