Sponsored by Hillary J. Scholten (D)
Main Street Competes Act
Requires DOJ and FTC to report biennially to Congress on how their antitrust enforcement helps small businesses.
Tradeoff
Creates new reporting requirements for federal agencies on antitrust enforcement related to small businesses. Replaces an existing annual presidential report on small business economic trends.
What's in it
Increases spending subject to over the 2026–2031 period; CBO did not provide a specific dollar amount in the abstract.
The bill increases discretionary spending (money Congress must appropriate each year) for federal small-business programs over six years, but the abstract does not disclose the total dollar amount or what specific programs receive the funding.
Passed the House by on June 23, 2026 — now in the Senate.
House
Introduced
(May 19, 2026)
House
Committee on Small Business(May 19, 2026)
House
The Committee on Small Business voted to send it to the floor
Reported 23 - 0(May 20, 2026)
Committee report H. Rept. 119-682.
House
Passage of the bill
Passed by (Jun 23, 2026)
No individual votes were recorded.
Senate
Received from the House
on the Judiciary(Jun 24, 2026)
- Derek Schmidt (R-KS)
- Maggie Goodlander (D-NH)