Federal Improvement in Technology Procurement Act

Floor Speech

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Mr. SUBRAMANYAM. Madam Speaker, I yield myself such time as I may consume.

Madam Speaker, I rise in support of H.R. 4123, the Federal Improvement in Technology Procurement Act of 2025. I am proud to be co- leading this legislation with the gentleman, and I thank him for his leadership. I am glad this bill is bipartisan.

Madam Speaker, one of the things we focused on in the Oversight and Government Reform Committee is improving government efficiency and modernization, and the FIT Procurement Act delivers on that goal. It raises the micro-purchasing threshold and the simplified acquisition threshold.

These thresholds have not been updated in a very long time. They don't reflect how much things cost these days, and these changes will finally allow agencies to move faster to purchase innovative technologies.

The bill also allows Federal agencies to prepay for information technology subscriptions, including cloud computing. Prepaying for IT subscriptions will make a huge difference in government access to cutting-edge tools.

The bill will also open the door for more small businesses to participate in Federal contracting, and, most importantly, it is estimated to save taxpayers millions and millions of dollars.

This is common sense, and everyone wins. I urge my colleagues to join me and Representative Burlison in supporting this bill, and I reserve the balance of my time.

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Mr. SUBRAMANYAM. Madam Speaker, I also urge my colleagues to join me and Representative Burlison in supporting this bill, and I yield back the balance of my time.

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