January 20, 2026
Mr. Cisneros (for himself and Ms. Velázquez) introduced the following bill; which was referred to the Committee on Small Business
To amend the Small Business Act to modify the dollar threshold for certain sole source contracts, and for other purposes.
Section 1. Short title
This Act may be cited as the Streamlining Small Business Contracts Act of 2026
.
Sec. 2. Amendments to sole source contracting authority for certain small business concerns
The Small Business Act (15 U.S.C. 631 et seq.) is amended—
(1)
in section 8(a)(1)(D)(i)(II), by striking $7,000,000
and all that follows and inserting $10,000,000.
;
(2)
in section 8(m)—
(A)
in paragraph (7)(B), by striking will not exceed
and all that follows and inserting will not exceed $10,000,000; and
; and
(B)
in paragraph (8)(B), by striking will not exceed
and all that follows and inserting will not exceed $10,000,000; and
;
(3)
in section 31(c)(2)(A)(ii) of the Small Business Act (15 U.S.C. 657a(c)(2)(A)(ii)), by striking will not exceed
and all that follows and inserting will not exceed $10,000,000; and
; and
(4)
in section 36(c)(2) of the Small Business Act (15 U.S.C. 657f(c)(2)), by striking will not exceed
and all that follows and inserting will not exceed $10,000,000; and
.