H.R. 2804 — Reported in House

IB Union Calendar No. 624 119th CONGRESS 2d Session H. R. 2804 [Report No. 119–719] IN THE HOUSE OF REPRESENTATIVES April 9, 2025Ms. Velázquez introduced the following bill; which was referred to the Committee on Small Business July 2, 2026Additional sponsors: Mr. Cisneros, Ms. Davids of Kansas, Mr. Case, and Mr. Williams of Texas July 2, 2026Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor text of introduced bill, see copy of bill as introduced on April 9, 2025 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 2026. 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 (A) In general Each covered contract for 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— (i) to obtain offers from two or more responsible small business concerns; and (ii) to award such contract at a fair market price. (B) Covered contract defined In this paragraph, the term covered contract does not include a delivery order or a task order. . July 2, 2026Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed