PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Congressional Research Service
Version 00 · Introduced in Senate · May 23, 2016
This bill increases the micro-purchase threshold for activities by institutions of higher education, nonprofit research organizations, or independent research institutes under federal procurement contracts, grants, or cooperative agreements to: (1) $10,000; or (2) a higher threshold determined by the head of the relevant executive agency consistent with clean audit findings, internal institutional risk assessment, or state law. Micro-purchases at or below the threshold are exempt from certain: (1) requirements under the Small Business Act and contracting goals of the Department of Defense, the U.S. Coast Guard, or the National Aeronautics and Space Administration (NASA) to award contracts to small businesses owned and controlled by socially and economically disadvantaged individuals, historically black colleges and universities, or other minority institutions; (2) competitive quotation and price evaluation standards; and (3) Buy American requirements for the use of supplies manufactured in the United States.
People & committees
Sen. Inhofe, James M. [R-OK] · R–OK
Legislative record
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Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced in Senate
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Jan 14, 2025. Consult Congress.gov for the current record.
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Analyze S.2973 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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