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H.R. 7283119th CongressPassed one chamberLatest action Jul 23, 2026Decoded by AI · checked against the record
Official title: Ensuring Federal Purchasing Efficiency Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
The bill moves federal contracting threshold updates to 2028, then every three years instead of every five.
30-second read · 4 questions answered below
This bill changes how often federal acquisition dollar thresholds are adjusted for inflation. Currently updated every five years (on years divisible by 5), the bill sets the next update for 2028 and every three years after that.
Federal agencies that purchase goods and services, and businesses and contractors that sell to the government, are directly affected.
More frequent adjustments would keep purchasing thresholds closer to current prices and reduce large, sudden jumps that occur under a five-year schedule. Taxpayers are affected indirectly through how efficiently and competitively the government spends public money.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it passed the House, and the official record shows nothing new since. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Received in the Senate and Read twice and referred to the Committee on Homeland Security and Governmental Affairs.