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Small Business Regulatory Reduction Act
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 0, and for other purposes.
Summary
This bill requires the Small Business Administration to ensure that starting in fiscal year 2026, the regulatory costs imposed on small business concerns through SBA rulemaking do not exceed zero. The bill defines the "small business regulatory budget" as the cost to small businesses resulting from SBA rules, including new rules and modifications or repeals of existing rules. The SBA Administrator must submit annual reports to Congress detailing all rules issued by other Federal agencies that impact small business, disaggregated by issuing agency. The bill does not authorize any additional appropriations to carry out these requirements.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Sen. Marshall, Roger [R-KS] (R-KS)
Money behind the sponsor
Top reported contributors to Roger Marshall’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $46,314
- PYRAMID SOUND $19,800
- GROWITZ EQUITY $13,200
- SPECCHEM $13,200
- ONYX EQUITY PARTNERS $13,200
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Roger Marshall → · Outside spending →
Actions (2)
- Feb 4, 2025 Read twice and referred to the Committee on Small Business and Entrepreneurship. · senate
- Feb 4, 2025 Introduced in Senate
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Full text
IN THE SENATE OF THE UNITED STATES
February 4, 2025
Mr. Marshall introduced the following bill; which was read twice and referred to the Committee on Small Business and Entrepreneurship
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 0, 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”.
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; rule making.—The terms “rule” and “rule making” have the meanings given those terms in section 551 of title 5, United States Code.
(3) Small business concern.—The term “small business concern” has the meaning given the term in section 3 of the Small Business Act (15 U.S.C. 632).
(4) Small business regulatory budget.—The term “small business regulatory budget” means the cost to a small business concern of a rule making conducted by the Small Business Administration, 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 in each fiscal year thereafter, the Administrator shall ensure that the small business regulatory budget for each small business concern for the applicable fiscal year is not greater than 0.
(c) Report.—Not later than 60 days after the end of fiscal year 2025, and annually thereafter, the Administrator shall submit to Congress a report regarding rules issued by other Federal agencies during the preceding fiscal year that have an impact on small business concerns, 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. <all>
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