Small Business Regulatory Reduction Act of 2025

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

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119th CONGRESS
  1st Session
                                H. R. 2965

 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

_______________________________________________________________________

                                 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 
        such definition(s) 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 each such rule issued during the preceding 
        fiscal year; and
            (2) 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.
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