RepublicanBill · H.R. 974· House(119-HR-974)

Small Business Regulatory Reduction Act

Rep. Van Duyne
Age: 56 years
Texas
Introduced
2/4/2025
Last activity
2/4/2025 — Referred to the House Committee on Small Business.
Sponsored by
Beth Van Duyne
Cosponsors
Republican - 4Democrat - 0
Commerce
  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the ``Small Business Regulatory Reduction Act'', targets the Small Business Administration. It requires the Administrator to ensure that the small business regulatory budget for a small business concern is not greater than 0 for fiscal year 2026 and every year after. The regulatory budget includes costs from new rules or the modification and repeal of existing ones. Additionally, the Administrator must submit an annual report to Congress regarding rules issued by other Federal agencies that impact small business concerns. This report must include each such rule and be broken down by the agency that issued it. No additional funds are authorized to carry out this Act.

Yes· 3 of 4

  • Would business owners be better off under this?+8

    The bill provides direct relief to business owners by mandating that regulatory costs associated with new or modified rules stay at or below zero.

  • Does this make it easier to run a small business?+7

    The bill requires the SBA Administrator to ensure that the regulatory budget for small business concerns does not exceed zero, effectively capping new regulatory costs.

  • Does this make what the government does easier for the public to see?+5

    The bill mandates an annual report to Congress detailing rules from other federal agencies that impact small businesses.

The opposite

  • Does this reduce what the federal government spends?-2

    The bill limits the budget for new or modified regulations, which may reduce government administrative capacity without providing new funding.