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US SB3789

Bill

Status

Introduced

2/5/2026

Primary Sponsor

Joni Ernst

Click for details

Origin

Senate

119th Congress

AI Summary

  • Raises the GSA prospectus threshold for construction and alteration projects from $1,500,000 to $10,000,000 for fiscal years 2026 through 2028

  • Increases the prospectus threshold for lease projects from $750,000 to $5,000,000 during the same three-year period

  • Suspends the automatic inflation adjustment provision under 40 U.S.C. 3307(h) for these temporarily raised thresholds

  • Applies only temporarily, covering fiscal years 2026, 2027, and 2028

Legislative Description

Prospectus Modernization Act of 2026

Government operations and politics

Last Action

Read twice and referred to the Committee on Environment and Public Works.

2/5/2026

Committee Referrals

Environment And Public Works2/5/2026

Full Bill Text

No bill text available