S2232Passed Senate

Expanding the Surety Bond Program Act of 2025

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Introduced
In Committee
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-07-09
Introduced
0
Cosponsors
S
Type

Latest Action

Passed Senate with an amendment by Unanimous Consent. (consideration: CR S2108-2109; text of amendment in the nature of a substitute: CR S2108-2109)

2026-04-29

Bill Summary

The legislation expands the federal surety bond program, which helps small businesses and contractors get the financial guarantees they need to bid on government contracts and construction projects. By making these bonds more accessible and affordable, the law aims to help smaller companies compete for federal work that they might otherwise be unable to pursue due to bonding costs. The change benefits small business owners and contractors while potentially increasing competition for government contracts.

Subjects

Commerce
Read the full bill text