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Small Business Regulatory Reduction Act

In committee: it can still change before the session ends.

US S 387 · Senate Bill · 119th Congress

Stage
In committee
Started in
Senate
Sponsor
1
Latest action
Feb 4, 2025

What it does

The Small Business Regulatory Reduction Act would require the Administrator of the Small Business Administration to ensure that the regulatory cost burden on small businesses from SBA rulemaking is zero in fiscal year 2026 and each subsequent year, effectively prohibiting any net regulatory cost imposed by the SBA on small businesses. It also mandates that the SBA Administrator submit an annual report to Congress detailing rules issued by other federal agencies that impact small businesses, including the specific rules and the agencies that issued them, starting 60 days after the end of fiscal year 2025. The bill explicitly states that no additional funds are authorized to implement these…

AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.

Read the full textRead it on the official site

Where it stands

  1. Introduced (Done)

    Feb 4, 2025

  2. Committee (Current step)

    In committee · Feb 4, 2025

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

In the news

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Where it goes next

While a bill can still move, the questions are about people and money.

Work with this bill

Small Business Regulatory Reduction Act | 52