[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4325 Referred in Senate (RFS)]
<DOC>
114th CONGRESS
2d Session
H. R. 4325
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
April 20, 2016
Received; read twice and referred to the Committee on Small Business
and Entrepreneurship
_______________________________________________________________________
AN ACT
To amend the Small Business Act to modify the anticipated value of
certain contracts reserved exclusively for small business concerns.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Unifying Small Business Terminology
Act of 2016''.
SEC. 2. MODIFICATION OF THE ANTICIPATED VALUE OF CERTAIN CONTRACTS
RESERVED EXCLUSIVELY FOR SMALL BUSINESS CONCERNS.
(a) In General.--Section 15(j)(1) of the Small Business Act (15
U.S.C. 644(j)(1)) is amended by striking ``greater than $2,500 but not
greater than $100,000'' and inserting ``greater than the micro-purchase
threshold defined in section 1902(a) of title 41, United States Code,
but not greater than the simplified acquisition threshold''.
(b) Technical Amendment.--Section 3(m) of the Small Business Act
(15 U.S.C. 632(m)) is amended to read as follows:
``(m) Simplified Acquisition Threshold.--In this Act, the term
`simplified acquisition threshold' has the meaning given such term in
section 134 of title 41, United States Code.''.
Passed the House of Representatives April 19, 2016.
Attest:
KAREN L. HAAS,
Clerk.