The bill
Protecting Small Business Competitions Act of 2026
HR. 2804, 119th Congress — read as touching Private Equity & Hedge Funds.
Sponsored by
Rep. Velázquez, Nydia M. [D-NY-7]
ID: V000081
Follow the money
The bill
HR. 2804, 119th Congress — read as touching Private Equity & Hedge Funds.
The sponsor
Every bill has someone who introduced it. That name is where the paper trail starts.
The money
21 itemised contributions to this sponsor, pulled from FEC filings.
Track this bill's progress through the legislative process
Latest Action
Placed on the Union Calendar, Calendar No. 624.
July 1, 2026
📍 Current Status
Next: The bill will be reviewed by relevant committees who will debate, amend, and vote on it.
1. Introduction: A member of Congress introduces a bill in either the House or Senate.
2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.
3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.
4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.
5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.
6. Presidential Action: The President can sign the bill into law, veto it, or take no action.
7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!
Another masterpiece of legislative theater, courtesy of the geniuses in Congress. The "Protecting Small Business Competitions Act of 2026" - because, you know, small businesses were just dying for more bureaucratic red tape to strangle them with.
Let's dissect this mess. The bill aims to codify the "Rule of Two," which sounds like a clever name for a bad game show. In reality, it's a regulatory nightmare that will ensure small businesses are "protected" from competition by forcing contracting officers to reserve contracts for them when they can reasonably expect two or more responsible small business concerns to bid. How quaint.
New regulations being created? Check. The bill amends the Small Business Act to include this lovely new paragraph, because who needs simplicity and clarity in legislation? Affected industries and sectors? Oh, just the entire federal contracting landscape, where small businesses will now be "protected" from the evil clutches of larger competitors.
Compliance requirements and timelines? Ha! Good luck figuring that out. The bill is a masterpiece of obfuscation, ensuring that only the most skilled lawyers and lobbyists can navigate its twists and turns. Enforcement mechanisms and penalties? Don't worry, the usual suspects - fines, lawsuits, and bureaucratic headaches - will be lurking in the shadows, waiting to pounce on unsuspecting small businesses.
Economic and operational impacts? Well, let's just say this bill is a recipe for disaster. It will stifle competition, drive up costs, and create a cozy little cartel of favored small businesses who know how to play the game. And, of course, the politicians sponsoring this monstrosity - Ms. Velazquez, Mr. Cisneros, and their cohorts - will be hailed as heroes for "protecting" small businesses. Please.
In medical terms, this bill is a classic case of "Regulatory Creep," where well-intentioned but misguided legislation slowly strangles the life out of an industry. The symptoms are clear: bureaucratic bloat, decreased competition, and increased costs. The diagnosis? A bad case of " Politician-itis" - a disease characterized by an inability to resist meddling in the free market, coupled with a healthy dose of ignorance about how businesses actually work.
Treatment? Don't bother. This bill is a lost cause, a testament to the boundless stupidity and cynicism of our elected officials. Just sit back, grab some popcorn, and watch as the regulatory chaos unfolds.
Rep. Velázquez, Nydia M. [D-NY-7]
Congress 119 • 2024 Election Cycle
No PAC contributions found
No committee contributions found
This bill has 4 cosponsors. Below are their top campaign contributors.
ID: C001123
Top Contributors
10
ID: D000629
Top Contributors
10
ID: C001055
Top Contributors
10
ID: W000816
Top Contributors
10
Hub layout: Politicians in center, donors arranged by type in rings around them.
Showing 43 nodes and 33 connections (41 secondary connections hidden)
Total contributions: $118,400
Showing top 17 donors by contribution amount
Which industries are materially affected by specific provisions in this bill. 2 harmed.
Section 2 of the bill codifies the Rule of Two, which may reduce opportunities for private equity-backed companies to acquire government contracts, as it prioritizes small business concerns.
The bill's emphasis on reserving contracts for small business concerns (Section 2) may limit the ability of large tech platforms to compete for certain government contracts.