Small Business Regulatory Reduction Act
This bill requires the Small Business Administration (SBA) to ensure that the total regulatory costs for any small business concern from SBA rulemaking (including new rules, modifications, or repeals) are zero dollars annually starting in fiscal year 2026. It directly affects small business concerns by mandating that SBA rulemaking must not impose any net cost on them. The bill also requires the SBA Administrator to submit annual reports to Congress detailing all rules issued by other federal agencies in the previous year that impact small businesses, broken down by agency. This is a procedural bill with no new funding authorized, focusing solely on cost limits and reporting requirements.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
President
Introduced Feb 4, 2025
Last action Feb 4, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 4, 2025
Committee
Read twice and referred to the Committee on Small Business and Entrepreneurship.
upper
Feb 4, 2025
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Roger Marshall
RRepublican
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