Sponsors (5)
The bill streamlines and clarifies SBA-related regulations for small businesses by narrowing a cross-reference, but that simplification risks removing protections and creating gaps or legal uncertainty for firms and the agency.
Small-business owners will face simpler regulatory requirements because two enumerated provisions are removed, reducing compliance complexity when interacting with the SBA.
Small-business owners and the Small Business Administration will see more predictable application of the statute because the cross-reference is narrowed to a single clause, making enforcement and compliance interpretation clearer.
Small-business owners may lose statutory protections or program authorities that were removed, potentially reducing available benefits, remedies, or support for some firms.
Small-business owners and the SBA could face gaps or unintended legal uncertainty if the deleted clauses contained conditions or exceptions that stakeholders relied on, creating potential disputes or enforcement ambiguity.
Based on analysis of 2 sections of legislative text.
Deletes two listed clauses from 15 U.S.C. § 696(3)(C), renumbers remaining clauses, and narrows a cross-reference to only clause (i) of subparagraph (C).
Designates a short title for the Act and makes targeted edits to 15 U.S.C. § 696(3). It removes two enumerated clauses from subparagraph (C), inserts a conjunction after the remaining first clause, renumbers the former fourth clause as the new second clause, and changes a cross-reference in subsection (3)(B)(ii) to refer only to clause (i) of (3)(C). The net effect is to eliminate two items from the listed conditions or exclusions and to narrow which clauses are cited elsewhere in the statute.
Introduced October 14, 2025 by Roger Williams · Last progress January 26, 2026