Section 1 Short title
This Act may be cited as the “Prospectus Modernization Act of 2026”.
Prospectus Modernization Act of 2026
A BILL
To provide for a temporary adjustment to the prospectus thresholds for certain General Services Administration projects, and for other purposes.
Sec. 2 GSA prospectus threshold
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—
by substituting “$10,000,000” for “$1,500,000” in each of paragraphs (1) and (2) of that section; and
by substituting “$5,000,000” for “$750,000” in paragraph (3) of that section.
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).