Main Street Competes Act — Bill, Original Signature of Member (119th Congress, 1st Session)
- Issuer
- Congressional materials
- Document type
- 407452 2026 05 21 House Committee On Small Business Reports Nine Bil Att3
- Date
- 2026-05-21
- Case
- 407452 2026 05 21 House Committee On Small Business Reports Nine Bil Att3
Summary
Text of a House bill in the 119th Congress, the Main Street Competes Act, to amend the Small Business Economic Policy Act of 1980 to examine how enforcement of Federal antitrust laws affects the competitiveness of small businesses. The bill carries blank sponsor and committee lines and a print date of April 19, 2026. Section 2 amends section 302(a) of the Act (15 U.S.C. 631a(a)) to add promotion of competitive markets through antitrust enforcement to congressional policy. Section 3 rewrites section 303 to require the Department of Justice and the Federal Trade Commission to report to the Chief Counsel for Advocacy on antitrust enforcement and small business complaints within 180 days after the fiscal year of enactment and every two fiscal years, followed by an Office of Advocacy report to the House and Senate small business committees. It adds definitions in a new section 304.
Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used
Cite this document
“Main Street Competes Act — Bill, Original Signature of Member (119th Congress, 1st Session).”
Dated 2026-05-21. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2026-05-21-407452-2026-05-21-house-committee-on-small-business-reports-nine-bil-att3/
, SHA-256 73558799649098371290097abaecde5638a25a51a01ff2d3313194fb65c6c9fd.Full text
G:\CMTE\SB\19\MISC\MSCACT.XML
[∼118H5424]
.....................................................................
(Original Signature of Member)
H. R. ll
119TH CONGRESS
1ST SESSION
To amend the Small Business Economic Policy Act of 1980 to examine
how the competitiveness of small businesses is affected by the enforce-
ment of Federal antitrust laws, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
Ml. llllll introduced the following bill; which was referred to the
Committee on llllllllllllll
A BILL
To amend the Small Business Economic Policy Act of 1980
to examine how the competitiveness of small businesses
is affected by the enforcement of Federal antitrust laws,
and for other purposes.
1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Main Street Competes
5 Act’’.
g:\VHLD\041926\D041926.003.xml (970923|4)
April 19, 2026 (5:06 p.m.)
VerDate Nov 24 2008 17:06 Apr 19, 2026 Jkt 000000 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 C:\USERS\VKSRINIVASA\APPDATA\ROAMING\SOFTQUAD\XMETAL\11.0\GEN\C\MSCACT
G:\CMTE\SB\19\MISC\MSCACT.XML
2
1 SEC. 2. CONGRESSIONAL DECLARATION OF SMALL BUSI-
2 NESS ECONOMIC POLICY.
3 Section 302(a) of the Small Business Economic Pol-
4 icy Act of 1980 (15 U.S.C. 631a(a)) is amended—
5 (1) by striking ‘‘and provide’’ and inserting
6 ‘‘provide’’; and
7 (2) by striking the period at the end and insert-
8 ing ‘‘; and promote competitive markets, consumer
9 choice, and business ownership through enforcement
10 of Federal antitrust laws in the case of anticompeti-
11 tive conduct and illegal mergers that harms small
12 businesses and the growth of small businesses.’’.
13 SEC. 3. STATE OF SMALL BUSINESSES.
14 (a) IN GENERAL.—Section 303 of the Small Business
15 Economic Policy Act of 1980 (15 U.S.C. 631b) is amend-
16 ed to read as follows:
17 ‘‘SEC. 303. REPORT ON THE STATE OF SMALL BUSINESS
18 CONCERNS.
19 ‘‘(a) SPECIFIED ENTITY REPORT.—Not later than
20 180 days after the end of the fiscal year in which the Main
21 Street Competes Act is enacted, and every two fiscal years
22 thereafter, the head of each specified entity shall submit
23 to the Chief Counsel for Advocacy of the Office of Advo-
24 cacy of the Small Business Administration a report includ-
25 ing—
g:\VHLD\041926\D041926.003.xml (970923|4)
April 19, 2026 (5:06 p.m.)
VerDate Nov 24 2008 17:06 Apr 19, 2026 Jkt 000000 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 C:\USERS\VKSRINIVASA\APPDATA\ROAMING\SOFTQUAD\XMETAL\11.0\GEN\C\MSCACT
G:\CMTE\SB\19\MISC\MSCACT.XML
3
1 ‘‘(1) an analysis of how enforcement by the
2 specified entity of Federal antitrust laws promoted
3 competition during the preceding fiscal year by de-
4 terring and remedying anticompetitive conduct, in-
5 cluding illegal mergers, that harms small businesses
6 and the growth of small businesses;
7 ‘‘(2) the number of complaints of alleged anti-
8 trust violations filed by self-identified small busi-
9 nesses with the specified entity during such fiscal
10 year, disaggregated by type of offense and the spe-
11 cific Federal antitrust laws allegedly violated;
12 ‘‘(3) the number of inquiries, investigations,
13 and enforcement actions undertaken by the specified
14 entity in response to complaints filed by small busi-
15 nesses with the specified entity during such fiscal
16 year; and
17 ‘‘(4) the number of inquiries, investigations,
18 and enforcement actions undertaken by the specified
19 entity during such fiscal year pursuant to an alleged
20 antitrust violation, opened for a reason other than a
21 complaint filed by a small business as described in
22 paragraph (3), to deter and remedy anticompetitive
23 conduct that harms small businesses and the growth
24 of small businesses.
g:\VHLD\041926\D041926.003.xml (970923|4)
April 19, 2026 (5:06 p.m.)
VerDate Nov 24 2008 17:06 Apr 19, 2026 Jkt 000000 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 C:\USERS\VKSRINIVASA\APPDATA\ROAMING\SOFTQUAD\XMETAL\11.0\GEN\C\MSCACT
G:\CMTE\SB\19\MISC\MSCACT.XML
4
1 ‘‘(b) OFFICE OF ADVOCACY REPORT.—Not later than
2 180 days after receipt of the report required by subsection
3 (a), the Chief Counsel for Advocacy shall submit to the
4 Committee on Small Business of the House of Representa-
5 tives and the Committee on Small Business and Entrepre-
6 neurship of Senate a report that includes—
7 ‘‘(1) a summary of the report submitted under
8 subsection (a);
9 ‘‘(2) an analysis of the data in such report,
10 disaggregated by industry category;
11 ‘‘(3) an evaluation of the issues identified in
12 such report relating to—
13 ‘‘(A) anticompetitive conduct, including il-
14 legal mergers, that harmed small businesses
15 and the growth of small businesses; and
16 ‘‘(B) administrative actions that promoted
17 competition and growth of small businesses;
18 ‘‘(4) as appropriate, recommendations for ad-
19 ministrative actions that could—
20 ‘‘(A) promote competition;
21 ‘‘(B) deter anticompetitive conduct, includ-
22 ing illegal mergers, that harmed small business
23 and the growth of small businesses; and
24 ‘‘(C) remedy such anticompetitive conduct;
25 and
g:\VHLD\041926\D041926.003.xml (970923|4)
April 19, 2026 (5:06 p.m.)
VerDate Nov 24 2008 17:06 Apr 19, 2026 Jkt 000000 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 C:\USERS\VKSRINIVASA\APPDATA\ROAMING\SOFTQUAD\XMETAL\11.0\GEN\C\MSCACT
G:\CMTE\SB\19\MISC\MSCACT.XML
5
1 ‘‘(5) as appropriate, recommendations for legis-
2 lative actions that could—
3 ‘‘(A) promote competition;
4 ‘‘(B) deter anticompetitive conduct, includ-
5 ing illegal mergers, that harmed small business
6 and the growth of small businesses; and
7 ‘‘(C) remedy such anticompetitive con-
8 duct.’’.
9 (b) DEFINITIONS.—The Small Business Economic
10 Policy Act of 1980 (Public Law 96–302; 94 Stat. 848;
11 15 U.S.C. 631a et seq.) is amended by adding at the end
12 the following new section:
13 ‘‘SEC. 304. DEFINITIONS.
14 ‘‘In this title:
15 ‘‘(1) ANTITRUST VIOLATION.—The term ‘anti-
16 trust violation’ means any violation of Federal anti-
17 trust laws.
18 ‘‘(2) FEDERAL ANTITRUST LAWS.—The term
19 ‘Federal antitrust laws’ has the meaning given the
20 term ‘antitrust laws’ in subsection (a) of the first
21 section of the Clayton Act (15 U.S.C. 12(a)), except
22 that such term shall also include section 5 of the
23 Federal Trade Commission Act (15 U.S.C. 45) to
24 the extent that such section 5 applies to unfair
25 methods of competition.
g:\VHLD\041926\D041926.003.xml (970923|4)
April 19, 2026 (5:06 p.m.)
VerDate Nov 24 2008 17:06 Apr 19, 2026 Jkt 000000 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 C:\USERS\VKSRINIVASA\APPDATA\ROAMING\SOFTQUAD\XMETAL\11.0\GEN\C\MSCACT
G:\CMTE\SB\19\MISC\MSCACT.XML
6
1 ‘‘(3) SMALL BUSINESS.—The term ‘small busi-
2 ness’ has the meaning given the term ‘small business
3 concern’ under section 3 of the Small Business Act
4 (15 U.S.C. 632).
5 ‘‘(4) SPECIFIED ENTITY.—The term ‘specified
6 entity’ means—
7 ‘‘(A) the Department of Justice; and
8 ‘‘(B) the Federal Trade Commission.’’.
g:\VHLD\041926\D041926.003.xml (970923|4)
April 19, 2026 (5:06 p.m.)
VerDate Nov 24 2008 17:06 Apr 19, 2026 Jkt 000000 PO 00000 Frm 00006 Fmt 6652 Sfmt 6201 C:\USERS\VKSRINIVASA\APPDATA\ROAMING\SOFTQUAD\XMETAL\11.0\GEN\C\MSCACT
File and source
- File
- 407452_2026-05-21_house-committee-on-small-business-reports-nine-bil_att3.pdf
- Size
- 58,621 bytes
- SHA-256
- 73558799649098371290097abaecde5638a25a51a01ff2d3313194fb65c6c9fd
- Original
- No public link identified.