The U.S. House of Representatives passed a bill that would prevent the Small Business Administration (SBA) from taking regulatory action that would increase compliance costs for small businesses.
The bill, the Small Business Regulatory Reduction Act of 2025 (H.R. 2965), would also require the SBA to report annually on the regulatory costs imposed on small businesses by other federal agencies.
“By passing my Small Business Regulatory Reduction Act of 2025, House Republicans have come together to provide much-needed relief to America’s job creators after they have been burdened by years of overregulation,” U.S. Rep. Beth Van Duyne (R-TX), the bill’s sponsor, said. “After a record-breaking $1.8 trillion in regulatory costs from the previous administration, it is far past time to identify the true costs of federal regulations so we can remove them and ensure American small businesses have more time and money to expand operations or hire new employees. Less regulation on Main Street means more prosperity for our communities and a stronger economy for America.”
The bill was cosponsored by Reps. Aaron Bean (R-FL), Brad Finstad (R-MN), Dan Meuser (R-PA), and Derek Schmidt (R-KS).
“High compliance costs and oppressive red tape place heavy burdens on small businesses and threaten their survival, as well as the American jobs and innovation they support. House Republicans are continuing our efforts to roll back Biden’s onerous regulations by passing Rep. Van Duyne’s Small Business Regulatory Reduction Act. This critical legislation will reduce regulatory burdens and allow Main Street to thrive,” Majority Leader Rep. Steve Scalise (R-LA) said.