A bill to amend the Act of August 24, 1935 (commonly referred to as the "Miller act") to exempt construction contracts not exceeding $25,000 in amount from the bonding requirements of such act.

Raises from $2,000 to $25,000 the minimum dollar value of any public contract to which the Miller Act applies (the Miller Act requires performance and payment bonds from contractors involved in construction, alteration, or repair of public buildings or public works).