Library / Laws / 118th / hr / H.R. 3995 / Reported in House
IB
Union Calendar No. 144
118th CONGRESS
1st Session
H. R. 3995
[Report No. 118–180]
IN THE HOUSE OF REPRESENTATIVES
June 9, 2023Ms. Van Duyne (for herself, Ms. Salazar, Mr. Bean of Florida, Mr. Alford, and Mr. Barr) introduced the following bill; which was referred to the Committee on Small Business
September 1, 2023Additional sponsors: Mr. Luetkemeyer and Mr. LaLota
September 1, 2023Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printedStrike out all after the enacting clause and insert the part printed in italicFor text of introduced bill, see copy of bill as introduced on June 9, 2023
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.
3.
Compliance with CUTGO
No additional amounts are authorized to be appropriated to carry out this Act. Such Act shall be carried out using amounts otherwise appropriated to the Administrator of the Small Business Administration.
September 1, 2023Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed