Sponsors (5)
The bill prioritizes reducing regulatory costs and increasing reporting transparency for small businesses (via a $0 cap and new reporting) but does so at the risk of blocking beneficial protections, creating legal and administrative burdens, and leaving programs underfunded and unimplemented.
Small businesses would face fewer new compliance costs because the SBA must cap the per‑firm regulatory cost of its rulemakings at $0 each year starting FY2026, reducing the likelihood of added regulatory expenses for many small firms.
Congress (and the public) would receive annual, agency-by-agency reporting on non‑SBA federal rules that affect small businesses, improving transparency and enabling targeted oversight or future policies to address regulatory burdens.
Small business owners (and the public) may lose or have delayed health, safety, and consumer protections because the $0 cap on SBA rule costs can effectively bar beneficial rulemakings that impose net costs.
The $0 cost cap will likely prompt legal and implementation disputes over how 'cost' is measured and when exemptions apply, risking regulatory paralysis, slower rulemaking, and increased litigation for agencies and businesses.
Federal agencies and taxpayers will incur additional administrative and verification costs to identify, compile, and report every non‑SBA rule affecting small businesses each year.
Based on analysis of 3 sections of legislative text.
Directs SBA to set the per‑business regulatory budget to $0 starting FY2026 and to report annually on non‑SBA federal rules that affect small businesses; no new funds authorized.
Introduced February 4, 2025 by Beth Van Duyne · Last progress February 4, 2025
Requires the Small Business Administration (SBA) to set a “small business regulatory budget” equal to $0 for each small business concern beginning in fiscal year 2026 and every fiscal year thereafter, and to submit an annual report to Congress listing all non‑SBA federal rules from the prior fiscal year that impact small businesses. The measure defines key terms for rulemaking and small business concerns and specifies that no new appropriations are authorized to implement these requirements.