Bill — H.R. 2965, Small Business Regulatory Reduction Act of 2025 (Report No. 119–111, May 21, 2025)
Summary
H.R. 2965, the Small Business Regulatory Reduction Act of 2025, is 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. Ms. Van Duyne introduced it on April 17, 2025, and it was reported with an amendment on May 21, 2025 (Report No. 119–111) after referral to the Committee on Small Business. Section 2 requires that, in fiscal year 2026 and each fiscal year thereafter, the small business regulatory budget for the Small Business Administration is not greater than zero. It also directs the Chief Counsel for the Office of Advocacy to submit an annual report to Congress. Section 3 states that no additional funds are authorized to be appropriated.
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- Congressional materials
- Document type
- 407345 2025 12 03 House Committee On Small Business Commends Passage Att0
- Date
- 2025-12-03
- Case
- 407345 2025 12 03 House Committee On Small Business Commends Passage Att0
Cite this document
“Bill — H.R. 2965, Small Business Regulatory Reduction Act of 2025 (Report No. 119–111, May 21, 2025).”
Dated 2025-12-03. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2025-12-03-407345-2025-12-03-house-committee-on-small-business-commends-passage-att0/
, SHA-256 55484ba19f90effd9f744ea2427f3cdda86677d3ebf61baaf015160c26d42ac7.Full text
IB
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]
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2
A BILL
To require the Administrator of the Small Business Adminis-
tration 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.
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1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 SECTION 1. SHORT TITLE.
4 This Act may be cited as the ‘‘Small Business Regu-
5 latory Reduction Act of 2025’’.
6 SEC. 2. SMALL BUSINESS ADMINISTRATION RULEMAKING
7 COSTS TO SMALL BUSINESS CONCERNS.
8 (a) DEFINITIONS.—In this section:
9 (1) ADMINISTRATOR.—The term ‘‘Adminis-
10 trator’’ means the Administrator of the Small Busi-
11 ness Administration.
12 (2) RULE; RULEMAKING.—The terms ‘‘rule’’ and
13 ‘‘rulemaking’’ have the meanings given those terms in
14 section 551 of title 5, United States Code.
15 (3) SMALL BUSINESS.—The term ‘‘small busi-
16 ness’’ has the same meaning as the term ‘‘small busi-
17 ness concern’’ under section 3 of the Small Business
18 Act (15 U.S.C. 632), unless an agency, after consulta-
19 tion with the Office of Advocacy of the Small Busi-
20 ness Administration and after opportunity for public
21 comment, establishes one or more definitions of such
22 term which are appropriate to the activities of the
23 agency and publishes any such definitions in the Fed-
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24 eral Register.
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1 (4) SMALL BUSINESS REGULATORY BUDGET.—
2 The term ‘‘small business regulatory budget’’ means
3 the cost to a small business of a rulemaking conducted
4 by a Federal agency, including the cost resulting from
5 the issuance of any new rule and the cost resulting
6 from the modification or repeal of an existing rule.
7 (b) REQUIREMENT.—In fiscal year 2026 and each fis-
8 cal year thereafter, the Administrator shall ensure that the
9 small business regulatory budget for the Small Business Ad-
10 ministration for the applicable fiscal year is not greater
11 than zero.
12 (c) ADVOCACY REPORT.—Not later than 60 days after
13 the end of fiscal year 2025, and annually thereafter, the
14 Chief Counsel for the Office of Advocacy of the Small Busi-
15 ness Administration shall submit to Congress a report re-
16 garding rules issued by Federal agencies other than the Ad-
17 ministration during the preceding fiscal year that have an
18 impact on small businesses, which shall—
19 (1) include the total small business regulatory
20 budgets for the preceding fiscal year for each Federal
21 agency;
22 (2) include each such rule issued during the pre-
23 ceding fiscal year; and
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24 (3) be disaggregated by the Federal agency that
25 issued each such rule.
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1 SEC. 3. NO ADDITIONAL FUNDS.
2 No additional funds are authorized to be appropriated
3 to carry out this Act.
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Union Calendar No. 82
119TH CONGRESS
1ST SESSION H. R. 2965
[Report No. 119–111]
H2965
A BILL
E:\BILLS\H2965.RH
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.
Sfmt 6651
MAY 21, 2025
Fmt 6651
Reported with an amendment, committed to the Com-
mittee of the Whole House on the State of the Union,
and ordered to be printed
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PO 00000
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21:22 May 21, 2025
VerDate Sep 11 2014
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