Business Owners Protection Act of 2025
Sponsored By: Senator Ricketts, Pete [R-NE]
Introduced
Summary
Removes unused Dodd-Frank rulemaking powers from the SEC. This bill would terminate any Dodd-Frank authority that lets the Securities and Exchange Commission decide whether to impose requirements on private entities if that authority had not produced a proposed rule or guidance by January 1, 2025, and it would require the Commission to publish a list of terminated authorities within 180 days.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
End certain SEC powers for businesses
If enacted, this bill would end any SEC authority created by the Dodd‑Frank Act that lets the SEC decide whether to require private entities, if the SEC had not issued a notice of proposed rulemaking under the Administrative Procedure Act or published guidance before January 1, 2025. Those authorities would be terminated on the date of enactment. The SEC would have 180 days after enactment to send Congress and publish a public list naming each authority it ended. The bill would not create new funding or taxes. If passed, some businesses could face fewer possible rules, while investors or market oversight could lose some tools.
Sponsors & CoSponsors
Sponsor
Ricketts, Pete [R-NE]
NE • R
Cosponsors
Sen. Curtis, John R. [R-UT]
UT • R
Sponsored 5/19/2025
Sen. Banks, Jim [R-IN]
IN • R
Sponsored 6/4/2025
Sen. Cotton, Tom [R-AR]
AR • R
Sponsored 7/28/2025
Katie Britt
AL • R
Sponsored 9/29/2025
Bill Hagerty
TN • R
Sponsored 11/3/2025
Sen. McCormick, David [R-PA]
PA • R
Sponsored 11/6/2025
Sen. Budd, Ted [R-NC]
NC • R
Sponsored 12/8/2025
Sen. Tillis, Thomas [R-NC]
NC • R
Sponsored 5/13/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov