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US HB2804

Bill

Official Source

Status

Introduced

4/9/2025

Primary Sponsor

Nydia Velazquez

Click for details

Origin

House of Representatives

119th Congress

AI Summary

  • Codifies the "Rule of Two" into the Small Business Act by amending Section 15(j) (15 U.S.C. 644(j))
  • Requires federal contracts, task orders, and delivery orders exceeding the simplified acquisition threshold to be reserved for small business concerns
  • Reservation applies when contracting officers reasonably expect to receive offers from two or more responsible small business concerns
  • Awards must be made at fair market price for the small business set-aside to apply
  • Introduced by Rep. Velázquez on April 9, 2025, and referred to the House Committee on Small Business

Legislative Description

Protecting Small Business Competitions Act of 2025

Commerce

Last Action

Referred to the House Committee on Small Business.

4/9/2025

Committee Referrals

Small Business4/9/2025

Full Bill Text

No bill text available