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Support for Small Businesses: More Government Contracts for Local Entrepreneurs

This new act aims to make it easier for small businesses to secure government contracts. Public procurements above a certain value will primarily be directed to small businesses if at least two such firms can fulfill them at a fair price. This means more business opportunities and stability for local small businesses, potentially leading to new jobs and economic growth in communities.
Key points
Most government contracts above a set threshold will first be offered to small businesses.
Small businesses will have priority in bids if at least two can perform the work at a fair price.
The act aims to increase small business participation in public procurement, supporting their growth.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2656
Sponsor: Sen. Markey, Edward J. [D-MA]
Process start date: 2025-08-01
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Protecting Small Business Competitions Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2656.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-08-01.

What are the main provisions?

Key points include:

  • Most government contracts above a set threshold will first be offered to small businesses.
  • Small businesses will have priority in bids if at least two can perform the work at a fair price.
  • The act aims to increase small business participation in public procurement, supporting their growth.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Markey, Edward J. [D-MA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Economy