This bill exempts certain contracts from periodic inflation adjustments to the acquisition-related dollar threshold.
Current law establishes dollar thresholds related to acquisition spending by federal agencies and it requires those thresholds to be adjusted every five years for inflation. The bill exempts certain contracts (e.g., contracts of more than $100,000 for the construction, alteration, or repair of any public building or public work of the federal government) from this adjustment.
To amend section 1908 of title 41, United States Code, to exempt 
    certain contracts from the periodic inflation adjustments to an 
                 acquisition-related dollar threshold.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXEMPTION OF CERTAIN CONTRACTS FROM THE PERIODIC INFLATION 
              ADJUSTMENTS TO THE ACQUISITION-RELATED DOLLAR THRESHOLD.

    (a) In General.--Section 1908(b)(2) of title 41, United States 
Code, is amended--
            (1) in subparagraph (B), by striking ``or'' at the end;
            (2) in subparagraph (C), by striking the period at the end 
        and inserting ``; or''; and
            (3) by adding at the end the following new subparagraph:
                    ``(D) in sections 3131 through 3134 of title 40, 
                except any modification of any such dollar threshold 
                made by regulation in effect on the date of the 
                enactment of this subparagraph shall remain in 
                effect.''.
    (b) Technical Amendment.--Section 1908(d) of such title is amended 
by striking the period at the end.
                                 <all>
To amend section 1908 of title 41, United States Code, to exempt certain contracts from the periodic inflation adjustments to an acquisition-related dollar threshold.
To amend section 1908 of title 41, United States Code, to exempt certain contracts from the periodic inflation adjustments to an acquisition-related dollar threshold.
Official Titles - House of Representatives
Official Title as Introduced
To amend section 1908 of title 41, United States Code, to exempt certain contracts from the periodic inflation adjustments to an acquisition-related dollar threshold.
Rep. Velazquez, Nydia M.