S2232Passed Senate
Expanding the Surety Bond Program Act of 2025
Introduced
In Committee
Passed One Chamber
4
Passed Both5
Signed into Law119th
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
