Bill

Streamlining Small Business Contracts Act of 2026

HB7154CommerceFiled

To amend the Small Business Act to modify the dollar threshold for certain sole source contracts, and for other purposes.

Filed
In Committee
Passed Chamber
Final Approval

The Streamlining Small Business Contracts Act of 2026 aims to revise the dollar threshold for sole source contracts, which are contracts awarded to a single provider without competition, for small businesses. This change is intended to help small businesses secure contracts more easily and efficiently.

This bill primarily affects small business owners by potentially making it easier for them to win government contracts. By modifying the threshold, it could mean that more contracts would be available to small businesses, thus helping them grow and thrive.

As of January 20, 2026, HB7154 has been introduced in the House and referred to the House Committee on Small Business. No further actions have been recorded yet, and the bill is currently under review.