Unifying Small Business Terminology Act of 2016

Bill: 114-hr-4325
Sponsor: full_name: Rep. Velazquez, Nydia M. [D-NY-7]
Introduced: 2016-01-06
Policy area: Commerce
Subjects: Public contracts and procurement

Small business
Latest action: action_date: 2016-04-20
text: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Summaries:
action_date: 2016-01-06
action_desc: Introduced in House
text: <p><b>Unifying Small Business Terminology Act of 2016</b></p> <p>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.</p> <p>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.) </p>

action_date: 2016-04-19
action_desc: Passed House without amendment
text: <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><b>Unifying Small Business Terminology Act of 2016</b></p> <p>(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.</p> <p>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.) </p>

tv_txt: I 114th CONGRESS 2d Session H. R. 4325 IN THE HOUSE OF REPRESENTATIVES January 6, 2016 Ms. Velázquez introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to modify the anticipated value of certain contracts reserved exclusively for small business concerns.

1. Short title This Act may be cited as the Unifying Small Business Terminology Act of 2016 . 2. Modification of the anticipated value of certain contracts reserved exclusively for small business concerns (a) In general Section 15(j)(1) of the Small Business Act ( 15 U.S.C. 644(j)(1) ) is amended by striking greater than $2,500 but not greater than $100,000 and inserting greater than the micro-purchase threshold defined in section 1902(a) of title 41, United States Code, but not greater than the simplified acquisition threshold . (b) Technical amendment Section 3(m) of the Small Business Act ( 15 U.S.C. 632(m) ) is amended to read as follows: (m) Simplified acquisition threshold In this Act, the term simplified acquisition threshold has the meaning given such term in section 134 of title 41, United States Code. .

tv_txt: IIB 114th CONGRESS 2d Session H. R. 4325 IN THE SENATE OF THE UNITED STATES April 20, 2016 Received; read twice and referred to the Committee on Small Business and Entrepreneurship AN ACT To amend the Small Business Act to modify the anticipated value of certain contracts reserved exclusively for small business concerns.

1. Short title This Act may be cited as the Unifying Small Business Terminology Act of 2016 . 2. Modification of the anticipated value of certain contracts reserved exclusively for small business concerns (a) In general Section 15(j)(1) of the Small Business Act ( 15 U.S.C. 644(j)(1) ) is amended by striking greater than $2,500 but not greater than $100,000 and inserting greater than the micro-purchase threshold defined in section 1902(a) of title 41, United States Code, but not greater than the simplified acquisition threshold . (b) Technical amendment Section 3(m) of the Small Business Act ( 15 U.S.C. 632(m) ) is amended to read as follows: (m) Simplified acquisition threshold In this Act, the term simplified acquisition threshold has the meaning given such term in section 134 of title 41, United States Code. .

Passed the House of Representatives April 19, 2016. Karen L. Haas, Clerk

tv_txt: I 114th CONGRESS 2d Session H. R. 4325 IN THE HOUSE OF REPRESENTATIVES AN ACT To amend the Small Business Act to modify the anticipated value of certain contracts reserved exclusively for small business concerns.

1. Short title This Act may be cited as the Unifying Small Business Terminology Act of 2016 . 2. Modification of the anticipated value of certain contracts reserved exclusively for small business concerns (a) In general Section 15(j)(1) of the Small Business Act ( 15 U.S.C. 644(j)(1) ) is amended by striking greater than $2,500 but not greater than $100,000 and inserting greater than the micro-purchase threshold defined in section 1902(a) of title 41, United States Code, but not greater than the simplified acquisition threshold . (b) Technical amendment Section 3(m) of the Small Business Act ( 15 U.S.C. 632(m) ) is amended to read as follows: (m) Simplified acquisition threshold In this Act, the term simplified acquisition threshold has the meaning given such term in section 134 of title 41, United States Code. .

Passed the House of Representatives April 19, 2016. Karen L. Haas, Clerk.