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US SB3789
Bill
AI Summary
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Raises the GSA prospectus threshold for construction and alteration projects from $1,500,000 to $10,000,000 for fiscal years 2026 through 2028
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Increases the prospectus threshold for lease projects from $750,000 to $5,000,000 during the same three-year period
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Suspends the automatic inflation adjustment provision under 40 U.S.C. 3307(h) for these temporarily raised thresholds
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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