# 114-hr-4325: Unifying Small Business Terminology Act of 2016

114-hr-4325, Unifying Small Business Terminology Act of 2016, is a 114th Congress bill sponsored by Rep. Velázquez, Nydia M. [D-NY-7] (D-NY); status Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4325
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4325
- Congress: 114
- Title: Unifying Small Business Terminology Act of 2016
- Status: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
- Introduced: 2016-01-06
- Sponsor: Rep. Velázquez, Nydia M. [D-NY-7] (D-NY)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Unifying Small Business Terminology Act of 2016 This bill amends the Small Business Act to revise the range of the anticipated value of federal procurement contracts that must be reserved exclusively for small businesses. The range shall be between the micro-purchase threshold ($3,000) and the simplified acquisition threshold ($100,000). (Currently the range of the anticipated value must be between $2,500 and $100,000.)

## Related bills

- 114-hr-6498: Presidential Tax Disclosure Act of 2016
- 114-hr-6427: Creating Financial Prosperity for Businesses and Investors Act
- 114-hr-6423: Justice for Victims of Fraud Act of 2016
- 114-hr-6382: No Religious Registry Act
- 114-hr-6340: Presidential Accountability Act
- 114-hr-6328: National Hate Crimes Hotline Act of 2016

## Sources
- [114-hr-4325 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4325)

## Related
- [114-hr-6498: Presidential Tax Disclosure Act of 2016](https://policyrisk.com/legislation/114-hr-6498)
- [114-hr-6427: Creating Financial Prosperity for Businesses and Investors Act](https://policyrisk.com/legislation/114-hr-6427)
- [114-hr-6423: Justice for Victims of Fraud Act of 2016](https://policyrisk.com/legislation/114-hr-6423)
- [114-hr-6382: No Religious Registry Act](https://policyrisk.com/legislation/114-hr-6382)
- [114-hr-6340: Presidential Accountability Act](https://policyrisk.com/legislation/114-hr-6340)
- [114-hr-6328: National Hate Crimes Hotline Act of 2016](https://policyrisk.com/legislation/114-hr-6328)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4325 (as of 2025-11-18).