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Small Business Regulatory Reduction Act

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

US HR 974 · House Bill · 119th Congress

Stage
In committee
Started in
House
Sponsors
5
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 each small business concern from SBA rulemaking is not greater than zero in fiscal year 2026 and each subsequent year, effectively prohibiting any net regulatory costs imposed by the SBA on small businesses. It also mandates that the Administrator submit an annual report to Congress detailing rules issued by other federal agencies that impact small businesses, including a breakdown by agency. No additional funding is authorized to implement the Act.

No official summary is available here. This one was written by AI 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