S 3789 · 119th Congress

Prospectus Modernization Act of 2026

This bill temporarily raises the dollar thresholds that trigger when the General Services Administration (GSA) needs to file a prospectus—basically a formal request for approval before starting certain building and real estate projects. Right now, the GSA has to file a prospectus for projects costing more than $1.5…

Sponsor

Ernst, Joni (R-Iowa)

Introduced

2026-02-05

Policy area

Government Operations and Politics

Latest action

Read twice and referred to the Committee on Environment and Public Works.