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119-hr-974119th CongressWALLET
Small Business Regulatory Reduction Act
Sponsored By: Representative Van Duyne, Beth [R-TX-24]
Introduced
Summary
Zero-cost regulatory limit for small businesses paired with mandatory annual reports on federal rules that affect them. The bill would force the Small Business Administration to track and offset regulatory costs to small firms and to disclose agency rules by issuer.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Zero regulatory cost limit for small businesses
This bill would require the SBA Administrator to make sure that, starting in fiscal year 2026 and each year after, the "small business regulatory budget" for every small business concern is not greater than $0. The "small business regulatory budget" means the cost to a small business from SBA rulemaking, including costs from new rules or changes to existing rules. If enacted, this would limit future SBA rule costs that could fall on small businesses as defined in the Small Business Act.
Sponsors & CoSponsors
Sponsor
Van Duyne, Beth [R-TX-24]
TX • R
Cosponsors
Rep. Meuser, Daniel [R-PA-9]
PA • R
Sponsored 2/4/2025
Rep. Bean, Aaron [R-FL-4]
FL • R
Sponsored 2/4/2025
Rep. Schmidt, Derek [R-KS-2]
KS • R
Sponsored 2/4/2025
Rep. Finstad, Brad [R-MN-1]
MN • R
Sponsored 2/6/2025
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov