H.R. 2949: 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.

117th Congress · introduced 2021-04-30 · Government Operations and Politics · Latest: Referred to the House Committee on Oversight and Reform.

federal

Follow this bill, step by step

Where it came from: introduced 2021-04-30 · official record
Who proposed it: Rep. Velazquez, Nydia M. [D-NY-7] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Oversight and Reform. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

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.

Plain summary

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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

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.

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Velazquez, Nydia M. [D-NY-7] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Byron Donalds (R-FL)

Sponsor's campaign money: Rep. Velazquez, Nydia M. [D-NY-7] reported raising $180,257 (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Exemption: A rule that removes certain people, property or activities from a tax or requirement.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr2949.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr2949 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117