Overview of Oversight Committee Meeting on February 4, 2026

 

2/4/2026

 

Samuel Clifford

 

H.R. 7274 (Federal Acquisition Security Council Improvement Act of 2026)


Sponsor: Rep. William R. Timmons (R-SC-4)


Purpose: To amend title 41, United States Code, to make changes with respect to the Federal Acquisition Security Council.


Effect: Strengthens the Federal Acquisition Security Council (FASC) by moving it into the Executive Office of the President, expanding its authority to monitor acquisition security risks, and authorizing binding actions such as removal/exclusion orders for vendors of concern. Establishes a dedicated FASC Program Office to support operations and policy, requires proactive evaluation of covered articles for risk, and creates a process for Congress to designate and trigger investigations into sources of concern, aiming to better block high-risk foreign suppliers in federal procurement.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/7274




H.R. 2985 (Modernizing Government Technology Reform Act)


Sponsor: Rep. Nancy Mace (R-SC-1)

Purpose: To amend section 1078 of the National Defense Authorization Act for Fiscal Year 2018 to increase the effectiveness of the Technology Modernization Fund (TMF).


Effect: Refocuses how the TMF can be used, strengthens its ability to modernize, replace, retire, or improve legacy federal IT systems, enhances cybersecurity and service delivery, and requires repayment terms from agencies benefitting from TMF transfers to maintain liquidity. Sets clearer priorities for funding and accountability, which aims to reduce waste and accelerate IT modernization across agencies.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/2985




H.R. 4123 (Federal Improvement in Technology Procurement Act)


Sponsor: Rep. Eric Burlison (R-MO-7)


Purpose: To improve Federal technology procurement.


Effect: Aims to streamline how federal agencies acquire technology by updating procurement rules, increasing purchase thresholds for commercial tech, enhancing acquisition workforce training, and fostering competition, especially poised to help small businesses compete for federal technology contracts more effectively.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/4123




H.R. 7283 (Ensuring Federal Purchasing Efficiency Act)


Sponsor: Rep. Pat Fallon (R-TX-4)


Purpose: To amend title 41, United States Code, to amend the time period for certain acquisition-related dollar thresholds.


Effect: Modifies acquisition threshold timelines, which is intended to allow agencies greater flexibility and responsiveness in procurement decisions, resulting in more efficient purchasing across federal agencies.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/7283




H.R. 1118 (Value Over Cost Act of 2025)


Sponsor: Rep. Byron Donalds (R-FL-19)
Purpose: To amend titles 41 and 10, U.S. Code, to provide best value through the Multiple Award Schedule program and for other purposes.


Effect: Encourages the federal government to select acquisition options that deliver best value instead of lowest cost alone. This approach is intended to improve long-term value, increase competition, speed deployment of modern technologies, and reduce bureaucratic obstacles for vendors, particularly small and innovative firms.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/1118

 

 

H.R. 5438 (Incentivize Savings Act)


Sponsor: Rep. Richard McCormick (R-GA-7)


Purpose: To incentivize Federal agencies to create savings for the American people and manage unspent funds more effectively.


Effect: Establishes incentives for agencies to generate savings, and directs unspent appropriated funds to priorities like reducing federal debt or awarding retention/efficiency bonuses to employees, thereby encouraging fiscal responsibility and better stewardship of taxpayer dollars.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/5438




H.R. 5000 (Cybersecurity Hiring Modernization Act)


Sponsor: Rep. Nancy Mace (R-SC-1)


Purpose: To amend title 5, U.S. Code, to limit the use of educational requirements or qualifications in evaluating candidates for certain cybersecurity positions in the competitive service, and for other purposes.


Effect: Lowers hiring barriers for federal cybersecurity positions by reducing emphasis on formal degrees and standardizing qualification evaluations, aiming to expand the talent pool and help agencies recruit skilled cybersecurity professionals more effectively.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/5000




H.R. 7256 (Federal Workforce Early Separation Incentives Act)


Sponsor: Rep. Nicholas A. Langworthy (R-NY-23)


Purpose: To amend section 3523 of title 5, United States Code, to increase the limit on voluntary separation incentive payments, and for other purposes.


Effect: Raises the cap on voluntary separation incentive payments that agencies can offer federal employees, intended to help agencies restructure their workforce and encourage cost-effective personnel transitions without involuntary layoffs.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/7256

H.R. 7265 (Vote By Mail Tracking Act)


Sponsor: Rep. Kweisi Mfume (D-MD-7)


Purpose: To amend title 39, United States Code, to require mail-in ballots to use the Postal Service barcode service, and for other purposes.


Effect: Requires standardized official tracking barcodes on mail-in ballots delivered through the USPS, enabling voters and election officials to track ballots’ status — enhancing transparency and confidence in mailed ballot delivery and counting. The version of the bill considered here is introduced in the 119th Congress and referred to committee.


Bill: https://www.congress.gov/bill/119th-congress/house-bill/7265