H.R. 3485: To amend the Small Business Act to eliminate certain requirements relating to the award of construction subcontracts within the county or State of performance.
The bill, titled H.R. 3485, proposes to amend the Small Business Act by eliminating a specific requirement about how construction subcontracts are awarded. Currently, there is a provision that mandates construction subcontracts to be awarded to businesses based in the same county or state where the construction project is taking place. This bill seeks to repeal that provision. By removing this requirement, the bill would allow contractors more flexibility in selecting subcontractors, meaning they could hire businesses from outside of the immediate geographic area of the project. The intent behind this change might be to facilitate competition and potentially lower costs for projects by allowing a wider pool of subcontractors to be considered, regardless of their location.The repeal could also impact the way local businesses operate, as they may have to compete with subcontractors from other regions, which could influence their opportunity to bid on or secure contracts for work on local construction projects. However, the overall impact of this legislation on the construction industry and small businesses would depend on various factors, including market conditions and the specific needs of contractors.In summary, H.R. 3485 would eliminate the requirement for awarding construction subcontracts to local businesses within the county or state of the performance location, which might allow for greater flexibility in subcontractor selection.
Relevant Companies
None found.This is an AI-generated summary of the bill text. There may be mistakes.
Sponsors
7 bill sponsors
Actions
2 actions
Date | Action |
---|---|
May. 19, 2025 | Introduced in House |
May. 19, 2025 | Referred to the House Committee on Small Business. |
Corporate Lobbying
0 companies lobbying
None found.
* Note that there can be significant delays in lobbying disclosures, and our data may be incomplete.
Potentially Relevant Congressional Stock Trades
No relevant congressional stock trades found.