Nydia M. Velazquez: “And I am prepared to close. Mr. Speaker, I thank the gentleman from Florida (Mr. Lawson) and his cosponsor, Mr. Kelly…”

“And I am prepared to close. Mr. Speaker, I thank the gentleman from Florida (Mr. Lawson) and his cosponsor, Mr. Kelly, for introducing this important legislation. H.R. 6367 protects our small contractors by updating the subcontracting goaling regime through increased flexibility and accountability. Establishing incentives to count low-tier subcontracting awards and a dispute process for subcontractors to utilize in the event of nonpayment ensures a healthy Federal procurement marketplace. Today's legislation spreads the economic power of Federal procurement to more companies and the communities they are located. Mr. Speaker, I urge Members to support this bill, and I yield back the balance of my time.”