[Report No. 119–719]
April 9, 2025
Ms. Velázquez introduced the following bill; which was referred to the Committee on Small Business
July 2, 2026
Additional sponsors: Mr. Cisneros, Ms. Davids of Kansas, Mr. Case, and Mr. Williams of Texas
July 2, 2026
Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
Strike out all after the enacting clause and insert the part printed in italic
For text of introduced bill, see copy of bill as introduced on April 9, 2025
To amend the Small Business Act to codify the Rule of Two, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
Section 1. Short title
This Act may be cited as the Protecting Small Business Competitions Act of 2026
.
Sec. 2. Codification of the rule of two
Section 15(j) of the Small Business Act (15 U.S.C. 644(j)) is amended by adding at the end the following new paragraph:
(4) Rule of two
(A) In general
Each covered contract for goods or services that has an anticipated value greater than the simplified acquisition threshold shall be reserved for small business concerns when the contracting officer reasonably expects—
(i)
to obtain offers from two or more responsible small business concerns; and
(ii)
to award such contract at a fair market price.
(B) Covered contract defined
In this paragraph, the term
covered contractdoes not include a delivery order or a task order.