01 — The Text
What.
- Expands the surety bond program, which guarantees contractor performance on federal contracts.
- Makes it easier for small businesses to access bonding for government work.
- Senate passed it with amendments; specific changes not yet publicly detailed.
02 — The Stakes
So what?
- Small contractors benefit: lower barriers to bid on federal projects worth millions annually.
- Federal agencies gain: more competition from smaller firms on government contracts.
- Detailed impacts unknown until House receives full bill text and analysis.
03 — The Path
Now what?
- Bill is in the House after Senate passage (April 2026). No action yet; typically goes to relevant committee next.
- Contact your House representative if you're a small business owner or support small business contracting access.
Legislative History
Actions.
- May 4, 2026 — Held at the desk.
- May 4, 2026 — Received in the House.
- May 1, 2026 — Message on Senate action sent to the House.
- Apr 29, 2026 — Passed Senate with an amendment by Unanimous Consent. (consideration: CR S2108-2109; text of amendment in the nature of a substitute: CR S2108-2109)
- Apr 29, 2026 — Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
- Jul 30, 2025 — Placed on Senate Legislative Calendar under General Orders. Calendar No. 135.
- Jul 30, 2025 — Committee on Small Business and Entrepreneurship. Reported by Senator Ernst with an amendment in the nature of a substitute. Without written report.
- Jul 30, 2025 — Committee on Small Business and Entrepreneurship. Reported by Senator Ernst with an amendment in the nature of a substitute. Without written report.