Small Business Regulatory Reduction Act of 2025
Small Business Regulatory Reduction Act of 2025
Plain Language Summary
# Small Business Regulatory Reduction Act of 2025 - Summary **What it does:** This bill would require the Small Business Administration to maintain a "zero regulatory budget" each year, meaning the total cost imposed on small businesses by new federal rules cannot increase. If the government creates expensive new regulations, it would need to repeal or simplify existing ones to offset those costs and keep the net burden flat. **Who it affects:** Small businesses would be the primary beneficiaries, as the bill aims to prevent their regulatory costs from growing. The measure also affects federal agencies that create rules, as they would need to balance new regulations against existing ones.
Larger companies would not be directly restricted by this requirement. **Current status:** The bill has passed the House of Representatives and awaits consideration in the Senate. If approved, it would represent a significant shift in how the federal government manages business regulations by explicitly capping their total cost to small enterprises.
CRS Official Summary
Small Business Regulatory Reduction Act of 2025This bill requires the Small Business Administration (SBA) to ensure the annual small business regulatory budget for the SBA in each fiscal year is no greater than zero.The small business regulatory budget is the cost to a small business of a federal rulemaking, including the cost resulting from the issuance of any new rule and the cost resulting from the modification or repeal of an existing rule.
Latest Action
Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.