119-hr2965

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2965 Reported in House

    (RH) ]

<DOC>

 Union Calendar No. 82
119th CONGRESS
 1st Session
 H. R. 2965

 [Report No. 119-111]

 To require the Administrator of the Small Business Administration to 
 ensure that the small business regulatory budget for a small business 
 concern in a fiscal year is not greater than zero, and for other 
 purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 April 17, 2025

Ms. Van Duyne (for herself and Ms. King-Hinds) introduced the following 
 bill; which was referred to the Committee on Small Business

 May 21, 2025

Additional sponsors: Mr. Meuser, Mr. Schmidt, Mr. Finstad, and Mr. Bean 
 of Florida

 May 21, 2025

 Reported with an amendment, committed to the Committee of the Whole 
 House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
 in italic]
 [For text of introduced bill, see copy of bill as introduced on April 
 17, 2025]

_______________________________________________________________________

 A BILL

 To require the Administrator of the Small Business Administration to 
 ensure that the small business regulatory budget for a small business 
 concern in a fiscal year is not greater than zero, and for other 
 purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Small Business Regulatory Reduction 
Act of 2025''.

SEC. 2. SMALL BUSINESS ADMINISTRATION RULEMAKING COSTS TO SMALL 
 BUSINESS CONCERNS.

    (a) 

=== Definitions. ===
-In this section:

    (1) Administrator.--The term ``Administrator'' means the 
 Administrator of the Small Business Administration.

    (2) Rule; rulemaking.--The terms ``rule'' and 
 ``rulemaking'' have the meanings given those terms in 

section 551 of title 5, United States Code.

    (3) Small business.--The term ``small business'' has the 
 same meaning as the term ``small business concern'' under 
 

section 3 of the Small Business Act (15 U.S.C. 632), unless an 
 agency, after consultation with the Office of Advocacy of the 
 Small Business Administration and after opportunity for public 
 comment, establishes one or more definitions of such term which 
 are appropriate to the activities of the agency and publishes 
 any such definitions in the Federal Register.

    (4) Small business regulatory budget.--The term ``small 
 business regulatory budget'' means the cost to a small business 
 of a rulemaking conducted by a Federal agency, including the 
 cost resulting from the issuance of any new rule and the cost 
 resulting from the modification or repeal of an existing rule.

    (b) Requirement.--In fiscal year 2026 and each fiscal year 
thereafter, the Administrator shall ensure that the small business 
regulatory budget for the Small Business Administration for the 
applicable fiscal year is not greater than zero.
            (c) Advocacy Report.--Not later than 60 days after the end of 
fiscal year 2025, and annually thereafter, the Chief Counsel for the 
Office of Advocacy of the Small Business Administration shall submit to 
Congress a report regarding rules issued by Federal agencies other than 
the Administration during the preceding fiscal year that have an impact 
on small businesses, which shall--

    (1) include the total small business regulatory budgets for 
 the preceding fiscal year for each Federal agency;

    (2) include each such rule issued during the preceding 
 fiscal year; and

    (3) be disaggregated by the Federal agency that issued each 
 such rule.

SEC. 3. NO ADDITIONAL FUNDS.

 No additional funds are authorized to be appropriated to carry out 
this Act.
 Union Calendar No. 82

119th CONGRESS

 1st Session

 H. R. 2965

 [Report No. 119-111]

_______________________________________________________________________

 A BILL

 To require the Administrator of the Small Business Administration to 
 ensure that the small business regulatory budget for a small business 
 concern in a fiscal year is not greater than zero, and for other 
 purposes.

_______________________________________________________________________

 May 21, 2025

 Reported with an amendment, committed to the Committee of the Whole 
 House on the State of the Union, and ordered to be printed