H.R. 4123: FIT Procurement Act

H.R. 4123 is a federal bill in the 119th Congress. Federal agencies currently must follow complex review rules for purchases over $250,000 and require competitive price quotes for purchases over $10,000. Under this bill, those thresholds double to $500,000 and $25,000 respectively, allowing agencies to buy… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.