# 119-s-2232: Expanding the Surety Bond Program Act of 2025

119-s-2232, Expanding the Surety Bond Program Act of 2025, is a 119th Congress bill sponsored by Sen. Markey, Edward J. [D-MA] (D-MA); status passed_senate; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-s-2232
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-s-2232
- Congress: 119
- Title: Expanding the Surety Bond Program Act of 2025
- Status: passed_senate
- Introduced: 2025-07-09
- Sponsor: Sen. Markey, Edward J. [D-MA] (D-MA)
- Cosponsors: 0
- Policy area: Commerce
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**Expands the SBA Surety Bond Guarantee Program.** The bill raises the program's maximum aggregate guarantee from $6.5 million to $18 million and reorganizes the SBA Surety Bond Guarantee Programs with risk-based adjustments to how guarantees are applied. - Small businesses and contractors: Greater aggregate guarantees let firms pursue larger bonded contracts backed by the SBA. - Surety companies and program administrators: Risk-based adjustments and the reorganization change how guarantees are structured and assessed. - Federal contracting: Higher guaranteed limits increase the SBA-backed bond amounts available to contractors bidding on bigger projects.

## Provisions PRIA read

- Tighter oversight of SBA surety program: benefit, low. This bill would cap SBA fund administration at 2% of the fund’s balance on the first day of each fiscal year. That cap would cover management, IT systems, outreach, and related contracts. The SBA would need to send Congress a report each year, within 90 days after the fiscal year starts. The report…
- Higher SBA bonds but temporary reduction: mixed, high. This bill would raise the SBA surety bond guarantee limit from $6,500,000 to $18,000,000. If the SBA asks Congress for supplemental funds under section 412(d), the limit would drop by 33% to $12,060,000. The lower limit would last until the earlier of 12 months after the request, or 150 days after…

## Related bills

- 119-s-2120: Older Americans Act Reauthorization Act of 2025
- 119-s-5071: Children's Safe Welcome Act of 2026
- 119-s-5022: Cannabis Administration and Opportunity Act
- 119-s-2838: Protecting Our Democracy Act
- 119-s-2819: Head Start for America's Children Act
- 119-s-5283: Momnibus Act

## Sources
- [119-s-2232 on Congress.gov](https://www.congress.gov/bill/119th-congress/senate-bill/2232)

## Related
- [119-s-2120: Older Americans Act Reauthorization Act of 2025](https://policyrisk.com/legislation/119-s-2120)
- [119-s-5071: Children's Safe Welcome Act of 2026](https://policyrisk.com/legislation/119-s-5071)
- [119-s-5022: Cannabis Administration and Opportunity Act](https://policyrisk.com/legislation/119-s-5022)
- [119-s-2838: Protecting Our Democracy Act](https://policyrisk.com/legislation/119-s-2838)
- [119-s-2819: Head Start for America's Children Act](https://policyrisk.com/legislation/119-s-2819)
- [119-s-5283: Momnibus Act](https://policyrisk.com/legislation/119-s-5283)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-s-2232 (as of 2026-09-21).