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119 · HR 2965 Small Business Regulatory Reduction Act of 2025

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Small Business Regulatory Reduction Act of 2025This bill requires the Small Business Administration (SBA) to ensure the annual small business regulatory budget for the SBA in each fiscal year is no...

H.R. 2965 would cap the Small Business Administration’s net regulatory costs on small firms at zero starting in FY2026 and require an annual report tallying how all federal rules affect small businesses; it’s backed by the bill’s Republican sponsors and committee majority as part of a broader deregulation push tied to Executive Order 14192, while committee Democrats warn it counts only costs (not benefits) and could block needed protections. As of December 2, 2025, the bill sits on the Union Calendar and the House Rules Committee met December 1 to set terms for floor debate. [1]Congress.gov — Text - H.R.2965 - 119th Congress (2025-2026): Small Business Reg…[2]Congress.gov — H. Rept. 119-111 — Small Business Regulatory Reduction Act of 20…[3]The White House — Executive Order 14192 — Unleashing Prosperity Through Deregul…[4]Congress.gov — H. Rept. 119-111 — Small Business Regulatory Reduction Act of 20…[5]Congress.gov — Actions - H.R.2965 — All actions for the bill[6]House Rules Committee — H.R. 2965 — House Rules Committee meeting page[7]House.gov — House of Representatives Schedule — Monday, December 1, 2025 (Rules…

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02 Dec 2025
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02 Dec 2025
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US Congress · Public Summary · Small business
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Public Summary — H.R. 2965, “Small Business Regulatory Reduction Act of 2025”

Headline Summary: Caps SBA rulemaking costs on small businesses at zero and orders an annual, government-wide tally of how federal rules hit small firms. [1]Congress.gov — Text - H.R.2965 - 119th Congress (2025-2026): Small Business Reg…

What It Does: Starting in fiscal year 2026, the SBA must ensure the net cost of its own rules on small businesses is no more than $0. It also directs the SBA’s Office of Advocacy to deliver an annual report (first due 60 days after FY2025 ends) that lists each rule from other agencies that affects small businesses and totals each agency’s “small-business regulatory budget.” The bill authorizes no new funding. [1]Congress.gov — Text - H.R.2965 - 119th Congress (2025-2026): Small Business Reg…

  • Sponsor Rep. Beth Van Duyne (R‑TX) and five Republican co‑sponsors say the bill cuts red tape for Main Street. [8]Congress.gov — Cosponsors - H.R.2965 — list of cosponsors
  • House Small Business Committee Republicans advanced it 15–11 and argue it provides relief and transparency; supporters also point to alignment with President Trump’s deregulation Executive Order 14192. [5]Congress.gov — Actions - H.R.2965 — All actions for the bill[2]Congress.gov — H. Rept. 119-111 — Small Business Regulatory Reduction Act of 20…[3]The White House — Executive Order 14192 — Unleashing Prosperity Through Deregul…

Who’s Against It:

  • House Small Business Committee Democrats, led by Ranking Member Nydia Velázquez, call the bill “unworkable,” warning it counts only costs (not benefits) and could halt or block needed protections, with no explicit exception for emergencies. [4]Congress.gov — H. Rept. 119-111 — Small Business Regulatory Reduction Act of 20…
  • Democrats offered amendments to exempt workforce development, rural programs, and veterans; those failed in committee. [2]Congress.gov — H. Rept. 119-111 — Small Business Regulatory Reduction Act of 20…

What’s Next: The bill is on Union Calendar No. 82. On December 1, 2025, the House Rules Committee met to set floor terms for H.R. 2965; the next step is House debate and a vote, after which it would move to the Senate if passed. [5]Congress.gov — Actions - H.R.2965 — All actions for the bill[6]House Rules Committee — H.R. 2965 — House Rules Committee meeting page[7]House.gov — House of Representatives Schedule — Monday, December 1, 2025 (Rules…

Sources cited
  1. [1] Text - H.R.2965 - 119th Congress (2025-2026): Small Business Regulatory Reduction Act of 2025 (Reported in House) Congress.gov
  2. [2] H. Rept. 119-111 — Small Business Regulatory Reduction Act of 2025 (Committee Report page) Congress.gov
  3. [3] Executive Order 14192 — Unleashing Prosperity Through Deregulation The White House
  4. [4] H. Rept. 119-111 — Small Business Regulatory Reduction Act of 2025 (report text excerpt incl. Minority Views) Congress.gov
  5. [5] Actions - H.R.2965 — All actions for the bill Congress.gov
  6. [6] H.R. 2965 — House Rules Committee meeting page House Rules Committee
  7. [7] House of Representatives Schedule — Monday, December 1, 2025 (Rules Committee meeting including H.R. 2965) House.gov
  8. [8] Cosponsors - H.R.2965 — list of cosponsors Congress.gov

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