This bill would expand the Small Business Administration's contracting programs to include all federal agencies and departments, not just the Department of Defense. Currently, small businesses compete for certain federally set-aside contracts primarily within the Defense Department, but this legislation would open those same contracting opportunities government-wide. The bill requires the SBA Administrator and Federal Acquisition Regulatory Council to issue new regulations and update federal procurement rules within 180 days of the law's enactment to implement these changes. The legislation aims to help small businesses access more federal contract opportunities and increase competition across the entire federal government rather than limiting eligible contracts to one agency.