Skip to content
CIVIC HERALD
HR 2965 · 119th Congress · HouseIn committee

Small Business Regulatory Reduction Act of 2025

In plain language: Starting in fiscal year 2026, the Small Business Administration cannot issue regulations that result in a net cost increase for small businesses. Any financial burden created by a new SBA rule must be fully offset by repealing or modifying existing rules to lower business costs by an equal or greater amount. In addition, the agency must submit an annual report to Congress detailing the specific compliance costs that rules from all other federal agencies impose on small businesses.

Provisional: our plain-language summary, pending review.

Provisionalunreviewed: impact, provisions, stakeholders, summary
People affected—Not determinable from the text provided; the bill references small businesses generally under section 3 of the Small Business Act without citing a specific count or population.
Fiscal magnitude—Section 3 explicitly states that no additional funds are authorized to be appropriated to carry out the Act, and no specific monetary figures are provided.
Reach35provisional · pending reviewrigor: heuristic llm
Your matchSign in →See how this matches your values.

Issues

What this bill touches.

Role of government−20Regulation (cross-sector)−30

The sign shows the bill's direction on each issue (+ toward, − away); the number is its magnitude. Color never encodes good or bad, and never party.

Who it affects

Who it helps · who it burdens.

Who it helps

  • Small businessesUnder Section 2(b), the Administrator must ensure that new, modified, or repealed SBA regulations do not impose net compliance costs greater than zero in fiscal year 2026 and subsequent years, preventing the SBA from adding net regulatory costs to small firms.provisional

Who it burdens

  • Small Business AdministrationUnder Section 2(b), the agency must restrict its rulemaking so that the net regulatory cost imposed on small businesses each fiscal year does not exceed zero, and under Section 3, it must implement the law without any newly authorized appropriations.provisional
  • SBA Office of AdvocacyUnder Section 2(c), the Chief Counsel for Advocacy must annually track, calculate, and report to Congress on the regulatory costs imposed on small businesses by all other federal agencies, absorbing the workload without additional authorized appropriations under Section 3.provisional

Dollar-level funding (FEC sector totals) is coming in a later phase.

What it does

The provisions, in plain language.

  1. Requires the Small Business Administration, starting in fiscal year 2026, to ensure that the net regulatory compliance costs of its new, modified, or repealed rules on small businesses do not exceed zero for each fiscal year.

    Sec. 2(b)provisional

  2. Requires the SBA Office of Advocacy to submit an annual report to Congress detailing the rules issued by other federal agencies that affect small businesses and calculating the total regulatory costs imposed on small businesses by each agency.

    Sec. 2(c)provisional

  3. Prohibits authorizing any additional funding to carry out the requirements of this Act.

    Sec. 3provisional

How your members of Congress line up

Loading your members of Congress…

Timeline

How it moved.

  1. Dec 4, 2025Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
  2. Dec 3, 2025Motion to reconsider laid on the table Agreed to without objection.
  3. Dec 3, 2025On passage Passed by the Yeas and Nays: 223 - 190 (Roll no. 310). (text of amendment in the nature of a substitute: CR 12/02/2025 H4987)
  4. Dec 3, 2025Passed/agreed to in House: On passage Passed by the Yeas and Nays: 223 - 190 (Roll no. 310). (text of amendment in the nature of a substitute: CR 12/02/2025 H4987)
  5. Dec 1, 2025Rules Committee Resolution H. Res. 916 Reported to House. Rule provides for consideration of H.R. 4312, H.R. 1005, H.R. 1049, H.R. 1069, H.R. 2965 and H.R. 4305. The resolution provides for consideration of H.R. 4312, H.R. 1005, H.R. 1049, H.R. 1069, H.R. 2965, and H.R. 4305 under a closed rule with one hour of general debate and one motion to recommit on each bill.
  6. May 21, 2025Reported (Amended) by the Committee on Small Business. H. Rept. 119-111.
  7. May 21, 2025Reported (Amended) by the Committee on Small Business. H. Rept. 119-111.
  8. Apr 30, 2025Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.
  9. Apr 17, 2025Introduced in House
  10. Apr 17, 2025Introduced in House

The original text

Read it for yourself.

Read the original text →

Sources & provenance

Congress.govrefreshed 9 days ago

Checking your session…