James Comer is Chairman of the House Oversight Committee. | https://oversight.house.gov/chairman-james-comer/
The House Committee on Oversight and Government Reform will hold a full committee markup session on February 4, 2026, at 10:00am ET to consider several legislative proposals focused on improving government operations. Chairman James Comer (R-Ky.) announced the session, which will address modernization of federal technology and procurement processes, as well as measures to enhance supply chain security and reduce government waste.
Chairman Comer stated, "The American people deserve a federal government that is efficient, secure, and accountable to taxpayers. The House Oversight Committee is working to modernize federal technology and procurement, confront vulnerabilities in federal supply chains, and hold agencies accountable for delivering real results. By reducing waste, incentivizing savings, and prioritizing best value over bureaucracy, the Committee is delivering on its mission to make government operations more transparent, more intentional, and more responsive to the needs of all Americans."
Among the bills under consideration is H.R. 7274, the Federal Acquisition Security Council (FASC) Improvement Act of 2026. This legislation would move the FASC into the Executive Office of the President while expanding its authority over acquisition security. It also establishes new procedures for Congress to designate sources of concern related to federal acquisitions.
H.R. 2985 seeks to reform and reauthorize the Technology Modernization Fund (TMF), ensuring it remains operational until its scheduled sunset in 2032. The bill introduces requirements for agencies to reimburse administrative fees associated with TMF awards and mandates inventories of legacy IT systems for improved oversight.
Other proposed legislation includes H.R. 4123—the Federal Improvement in Technology (FIT) Procurement Act—which aims to simplify how agencies acquire commercial technology by increasing purchase thresholds and requiring cross-functional training for acquisition staff.
H.R. 7283 proposes that inflation-related adjustments for certain procurement thresholds be recalculated every three years instead of five.
H.R. 1118 would update contract award procedures within the General Service Administration’s Multiple Award Schedule program by allowing contracts based on “best value” rather than just lowest cost.
H.R. 5438 addresses agency appropriations management by permitting a portion of unspent funds identified before fiscal year-end to be carried over or used toward debt reduction or employee retention bonuses.
For cybersecurity hiring practices, H.R. 5000 would limit mandatory education requirements except where legally necessary and require annual publication of qualification standards changes by the Office of Personnel Management.
The committee will also review H.R. 7256 concerning early separation incentives for federal employees—raising maximum buyout payments—and H.R. 7265 mandating unique barcodes for tracking mail-in ballots in federal elections.
Several postal naming measures are also scheduled for consideration during this public markup session at HVC-210 in the U.S. Capitol Visitors Center; proceedings will be livestreamed at https://oversight.house.gov/.
