What This Bill Does · Plain English
Summary
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Action Timeline
2026-02-05
Introduced in Senate
2026-02-05
Read twice and referred to the Committee on Environment and Public Works.
Frequently Asked Questions
Did S.3789 pass?
S.3789 is still alive. Current stage: COMMITTEE. Pass likelihood: pending.
Who sponsored S.3789?
S.3789 was sponsored by Joni Ernst (R-Iowa).
Full Bill Text
119 S3789 IS: Prospectus Modernization Act of 2026 U.S. Senate 2026-02-05 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. II 119th CONGRESS 2d Session S. 3789 IN THE SENATE OF THE UNITED STATES February 5, 2026 Ms. Ernst introduced the following bill; which was read twice and referred to the Committee on Environment and Public Works A BILL To provide for a temporary adjustment to the prospectus thresholds for certain General Services Administration projects, and for other purposes. 1. Short title This Act may be cited as the Prospectus Modernization Act of 2026 . 2. GSA prospectus threshold (a) In general Notwithstanding any other provision of law, for fiscal years 2026 through 2028, section 3307(a) of title 40, United States Code, shall be applied— (1) by substituting $10,000,000 for $1,500,000 in each of paragraphs (1) and (2) of that section; and (2) by substituting $5,000,000 for $750,000 in paragraph (3) of that section. (b) No adjustment For purposes of fiscal years 2026 through 2028, section 3307(h) of title 40, United States Code, shall not apply to the amounts substituted under subsection (a).
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