[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 2973 Introduced in Senate (IS)]

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114th CONGRESS
  2d Session
                                S. 2973

To increase the micro-purchase threshold for universities, independent 
      research institutes, and non-profit research organizations.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                              May 23, 2016

Mr. Inhofe (for himself and Mr. Markey) introduced the following bill; 
which was read twice and referred to the Committee on Homeland Security 
                        and Governmental Affairs

_______________________________________________________________________

                                 A BILL


 
To increase the micro-purchase threshold for universities, independent 
      research institutes, and non-profit research organizations.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. MICRO-PURCHASE THRESHOLD FOR UNIVERSITIES, INDEPENDENT 
              RESEARCH INSTITUTES, AND NON-PROFIT RESEARCH 
              ORGANIZATIONS.

    Section 1902 of title 41, United States Code, is amended--
            (1) by amending subsection (a) to read as follows:
    ``(a) Definition.--
            ``(1) Procurements in general.--Except as provided in 
        paragraph (2), for purposes of this section, the micro-purchase 
        threshold is $3,000.
            ``(2) Procurements involving universities, independent 
        research institutes, and non-profit research organizations.--
        For purposes of this section, the micro-purchase threshold for 
        procurement activities administered under sections 6303 through 
        6305 of title 31, United States Code, by institutions of higher 
        education (as defined in section 101(a) of the Higher Education 
        Act of 1965 (20 U.S.C. 1001(a))), or related or affiliated 
        nonprofit entities, or by nonprofit research organizations or 
        independent research institutes is--
                    ``(A) $10,000; or
                    ``(B) such higher threshold as determined 
                appropriate by the head of the relevant executive 
                agency and consistent with clean audit findings under 
                chapter 75 of title 31, United States Code, internal 
                institutional risk assessment, or State law.''; and
            (2) in subsections (d) and (e), by striking ``not greater 
        than $3,000'' and inserting ``with a price not greater than the 
        micro-purchase threshold''.
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