Small Business Regulatory Reduction Act

Bill: 117-hr-7307
Sponsor: full_name: Rep. Van Duyne, Beth [R-TX-24]
Introduced: 2022-03-31
Policy area: Commerce
Latest action: action_date: 2022-03-31
text: Referred to the House Committee on Small Business.

Summaries:
action_date: 2022-03-31
action_desc: Introduced in House
text: <p><strong>Small Business Regulatory Reduction Act</strong></p> <p>This bill requires the Small Business Administration to ensure that for each fiscal year the cost to small businesses of the administration's rulemaking (including the modification or repeal of a rule) is not greater than zero.</p> <p> The administration also must report on any regulations issued by other federal agencies that have an impact on small businesses.</p>

tv_txt: I 117th CONGRESS 2d Session H. R. 7307 IN THE HOUSE OF REPRESENTATIVES March 31, 2022 Ms. Van Duyne (for herself, Mr. Luetkemeyer , Mr. Williams of Texas , Mr. Stauber , Mr. Meuser , Ms. Tenney , Mr. Garbarino , Mrs. Kim of California , Mr. Donalds , Ms. Salazar , and Mr. Fitzgerald ) introduced the following bill; which was referred to the Committee on Small Business A BILL To require the Administrator of the Small Business Administration to ensure that the small business regulatory budget for a fiscal year is not greater than zero, and for other purposes.

1. Short title This Act may be cited as the Small Business Regulatory Reduction Act . 2. Small Business Administration rulemaking costs to small business concerns (a) In general The Administrator shall ensure that the small business regulatory budget for a fiscal year is not greater than zero. (b) Report Not later than 60 days after the last day of a fiscal year, the Administrator shall submit to Congress a report on any regulations issued by other Federal agencies that have an impact on small business concerns. Such report shall include rules issued during the fiscal year preceding and the fiscal year following the date of the report and such rules shall be disaggregated by the issuing Federal agency. (c) Small business regulatory budget defined In this section, the term small business regulatory budget means the cost to small business concerns (as defined under section 3 of the Small Business Act ( 15 U.S.C. 632 )) of rulemaking (including the cost of a new rule and any modification to or repeal of a rule) by the Administrator of the Small Business Administration.