Bill > HR4325

Introduced Session

Unifying Small Business Terminology Act of 2016 (Sec. 2) This bill amends the Small Business Act to revise the range of the anticipated value of federal procurement contracts that must be reserved exclusively for small businesses. The range shall be between the micro-purchase threshold ($3,000) and the simplified acquisition threshold ($100,000). (Currently the range of the anticipated value must be between $2,500 and $100,000.)

Committee Categories

Nydia Velázquez (D)*, 

Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. (on 04/20/2016)

Official Document