To amend title 5, United States Code, to require greater transparency for Federal regulatory decisions that impact small businesses, and for other purposes.
Sponsors
Legislative Progress
ReportedAdditional sponsors: Mr. Gallagher, Ms. Hageman, Ms. Salazar, Mr. Valadao, …
Reported from the Committee on the Judiciary with an amendment
Committee on Small Business discharged; committed to the Committee of …
Mr. Finstad (for himself, Ms. Caraveo, and Mr. Moran) introduced …
Summary
What This Bill Does
Requires agencies to analyze indirect regulatory costs on small businesses and allows small entities to petition for review of agency certifications that rules dont significantly impact them.
Who Benefits and How
Small businesses gain protection from indirect regulatory costs. SBA Office of Advocacy gets petition review authority. Small entity concerns receive greater agency attention.
Who Bears the Burden and How
Agencies must conduct more comprehensive regulatory analysis. Rulemaking timelines may extend. Agency resources devoted to additional small business analysis.
Key Provisions
- Requires analysis of indirect costs on small businesses
- Allows petitions to SBA to review agency certifications
- Requires publication of certifications within 10 days
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Strengthens regulatory flexibility analysis requirements for rules affecting small businesses
Policy Domains
Legislative Strategy
"Strengthen small business protections in rulemaking"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "chief_counsel"
- → SBA Chief Counsel for Advocacy
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology