Protecting Small Business Competitions Act of 2025

Bill: 119-hr-2804
Sponsor: full_name: Rep. Velázquez, Nydia M. [D-NY-7]
Introduced: 2025-04-09
Policy area: Commerce
Latest action: action_date: 2025-04-09
text: Referred to the House Committee on Small Business.

Summaries:

tv_txt: I 119th CONGRESS 1st Session H. R. 2804 IN THE HOUSE OF REPRESENTATIVES April 9, 2025 Ms. Velázquez introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to codify the Rule of Two, and for other purposes.

1. Short title This Act may be cited as the Protecting Small Business Competitions Act of 2025 . 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 Each contract, task order, or delivery order for the purchase of 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— (A) to obtain offers from two or more responsible small business concerns; and (B) to award such contract, task order, or delivery order at a fair market price. .