I 115th CONGRESS 1st Session H. R. 1640 IN THE HOUSE OF REPRESENTATIVES March 20, 2017 Ms. Velázquez introduced the following bill; which was referred to the Committee on Small Business A BILL To amend the Small Business Act to ensure uniformity in procurement terminology, and for other purposes.

1. Uniformity in procurement terminology (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, 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) Definitions pertaining to contracting In this Act: (1) Prime contract The term prime contract has the meaning given such term in section 8701(4) of title 41, United States Code. (2) Prime contractor The term prime contractor has the meaning given such term in section 8701(5) of title 41, United States Code. (3) Simplified acquisition threshold The term simplified acquisition threshold has the meaning given such term in section 134 of title 41, United States Code. (4) Micro-purchase threshold The term micro-purchase threshold has the meaning given such term in section 1902(a) of title 41, United States Code. (5) Total purchase and contracts for property and services The term total purchases and contracts for property and services means the total number and total dollar amount of contracts and orders for property and services. .