Bill · H.R. 7154· House(119-HR-7154)
Streamlining Small Business Contracts Act of 2026
- Introduced
- 1/20/2026
- Last activity
- 1/20/2026 — Referred to the House Committee on Small Business.
- Sponsored by
- Gilbert Cisneros
- Cosponsors
- - 2 - 4
- Introduced
- In Committee
What this bill would do
This bill, known as the "Streamlining Small Business Contracts Act of 2026," aims to amend the Small Business Act. The primary purpose is to modify the dollar threshold for certain sole source contracts. Specifically, it increases various limits to a new amount of $10,000,000. These changes affect several sections of the Small Business Act.
Yes· 3 of 5
Does this make it easier to run a small business?+6
The bill directly benefits small businesses by raising the dollar threshold for certain sole source federal contracts to $10,000,000.
Would business owners be better off under this?+6
Business owners qualifying for small business sole source contracting benefit significantly from the increased $10,000,000 threshold.
Is this likely to create jobs?+3
By raising sole source contract thresholds to $10,000,000, small businesses may experience business growth that can support additional hiring.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Increased Contract Thresholds: The bill raises the dollar amount for certain sole source contracts to $10,000,000 in multiple sections of the Small Business Act, including section 8(a)(1)(D)(i)(II), section 8(m), section 31(c)(2)(A)(ii), and section 36(c)(2). This change modifies how much certain small business concerns can be awarded under sole source authority.
Potential Negative Impacts for People
- No negative impacts are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+6Increases Job Creation+3Improves Economic Growth+2
- Demographic And Interest Groups
- Good For Business Owners+6
- Governance And Ideology
- Improves Interstate Commerce+1
- 8/31/2026
- 1 Cosponsor added.
- 7/6/2026
- 1 Cosponsor added.
- 4/15/2026
- 1 Cosponsor added.
- 4/6/2026
- 1 Cosponsor added.
- 2/20/2026
- 1 Cosponsor added.
- 1/20/2026
- Referred to the House Committee on Small Business.
- 1 Cosponsor added.
- Introduced in House
Andy HarrisRepublican · Maryland
Pat HarriganRepublican · North Carolina
Michael LawlerRepublican · New York
Kelly MorrisonDemocrat · Minnesota
Nydia VelázquezDemocrat · New York
Derrick Van OrdenRepublican · Wisconsin