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Smart Pricing Practices Permanence Act

Bill Number
S. 2136
Origin Chamber
Senate
Congress
119th Congress, Session 1
Policy Area
Armed Forces and National Security
Status
Introduced
Latest Action
2025-06-18: Read twice and referred to the Committee on Armed Services.
Last Updated
2025-07-21T15:38:28Z

AI-Generated Summary

Purpose

The "Smart Pricing Practices Permanence Act" (S. 2136) aims to make permanent and streamline a pilot program originally established to speed up contracting and pricing decisions in the Department of Defense (DoD). This program allows for quicker approvals in defense acquisitions by simplifying how prices are negotiated and contracts are awarded, reducing delays in military procurement.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Sen. Sheehy, Tim [R-MT]

Recent Actions

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