Small Business and Entrepreneurship Committee

Complete COVID Collections Act

United States · United States Congress · 9 January 2025

RED TAPE Act

United States · United States Congress · 17 January 2025

Regulations Evaluated to Determine The Anticipated Price and Effect Act or the RED TAPE Act This bill prohibits federal agencies from considering any nonmonetized or unquantified factor when conducting a regulatory impact analysis or benefit-cost analysis for any proposed rule, final rule, or interim final rule. Each agency must publish each regulatory impact analysis and benefit-cost analysis conducted by the agency with respect to a proposed rule, final rule, or interim final rule. Additionally, the Office of Management and Budget may not (1) authorize or endorse an agency's use of any nonmonetized or unquantified factor when conducting a regulatory impact analysis or benefit-cost analysis on any proposed rule, final rule, or interim final rule; or (2) consider any nonmonetized or unquantified factor presented in a regulatory impact analysis or benefit-cost analysis of another agency. The bill provides for judicial review of a rule issued by an agency that considered a nonmonetized or unquantified factor when conducting a regulatory impact or benefit-cost analysis. If a court finds that an agency relied upon such a factor to evaluate a final rule or interim final rule, the court must declare the rule invalid. The bill takes effect 30 days after enactment.

Helping Small Businesses THRIVE Act

United States · United States Congress · 23 January 2025

Transparency and Predictability in Small Business Opportunities Act

United States · United States Congress · 28 January 2025

Transparency and Predictability in Small Business Opportunities Act This bill requires the Small Business Administration (SBA) to issue rules for disclosing information about federal contract solicitations for which small businesses were eligible and that were issued and cancelled. Under the rules for such a solicitation, an agency must provide (1) a justification for the cancellation, (2) information about any plans to reissue the solicitation and any associated time frames, and (3) information about any plans to include the requirements of the solicitation in another contract or task order of the agency. Additionally, for such solicitations that an agency does not intend to reissue, the SBA must provide procedures for the agency to refer a small business that prepared a bid for such covered solicitation to the Office of Small and Disadvantaged Business Utilization for assistance in identifying similar contracting opportunities.

Assisting Small Businesses Not Fraudsters Act

United States · United States Congress · 28 January 2025

Assisting Small Businesses Not Fraudsters Act This bill prohibits individuals convicted of certain financial crimes from receiving assistance from the Small Business Administration (SBA). Specifically, the bill prohibits individuals who have been convicted of a crime involving financial misconduct or a false statement with respect to certain COVID-19 loans (e.g., Paycheck Protection Program loans, Restaurant Revitalization Fund grants, and Shuttered Venue Operators grants) from receiving any financial assistance from the SBA (other than a disaster loan). The prohibition includes SBA assistance to small businesses that have an owner, officer, director, or key employee who has been convicted of such a crime.

Rural Small Business Resilience Act

United States · United States Congress · 28 January 2025

Rural Small Business Resilience Act This bill requires the Small Business Administration's Office of Disaster Recovery and Resilience to take necessary actions to ensure that individuals located in rural areas where a disaster has been declared have full access to disaster assistance. Such actions include providing targeted outreach and marketing materials to such individuals.

SPUR Act

United States · United States Congress · 28 January 2025

Small Business Procurement and Utilization Reform Act of 2025 or the SPUR Act This bill requires federal agencies to include on their annual scorecard for small business contracting the number of small businesses that receive a prime contract for the first time and are owned and controlled by service-disabled veterans, qualified HUBZone small business concerns, small business concerns owned and controlled by socially and economically disadvantaged individuals, or small business concerns owned and controlled by women. 

Plain Language in Contracting Act

United States · United States Congress · 28 January 2025

Plain Language in Contracting Act This bill requires that notices of contracting opportunities for small businesses are written in a clear, concise, and accessible manner. Each notice also must comply with the requirements of the Plain Writing Act of 2010, which are applicable to publications and notices by federal agencies. The Small Business Administration must issue rules to implement these requirements.

COVID Fraud Transparency Act of 2026

United States · United States Congress · 28 January 2025

COVID Fraud Transparency Act of 2025 This bill requires the Small Business Administration's Office of Inspector General to report quarterly about fraud cases involving certain COVID-19 loans (e.g., Paycheck Protection Program loans).

Small Business Child Care Investment Act

United States · United States Congress · 28 January 2025

SERV Act

United States · United States Congress · 28 January 2025

Successful Entrepreneurship for Reservists and Veterans Act or the SERV Act This bill requires (1) the Small Business Administration to report on the veterans interagency task force; and (2) the Government Accountability Office to report on access to credit for small businesses owned and controlled by veterans, Reservists, or their spouses.

DLARA

United States · United States Congress · 29 January 2025

Disaster Loan Accountability and Reform Act or the DLARA This bill modifies the Small Business Administration (SBA) disaster loan program and requires external review of, and reporting on, the program. First, the bill requires the SBA to report monthly on the operation of the disaster loan program. (Currently, the SBA must report only during the applicable period for a major disaster.) The report must estimate the date on which available funding for such loans will reach 10% of the most recent appropriation and the date on which the funds will be depleted. Second, the President's annual budget must include separate statements regarding the appropriations request for SBA disaster loans and COVID-19 Economic Injury Disaster Loans (EIDL), including explanations for any difference between the amount requested and the 10-year average cost for such loans. Third, for a period of four years, the SBA must notify Congress when the unobligated balance of amounts available for disaster loans is less than 10% of the 10-year average annual cost provided in the most recent Presidential budget. At such point, the SBA may limit disaster loans to collateralized amounts. Finally, the bill requires additional oversight of the disaster loan program, including a Government Accountability Office report on the disbursement of disaster loans and the effect of specified SBA rules on home lending limits, an SBA Office of Inspector General review of recent funding shortfalls for disaster loans, and an SBA report on improvements for forecasting the cost of disaster loans.

Returning SBA to Main Street Act

United States · United States Congress · 29 January 2025

Small Business Technological Act of 2025

United States · United States Congress · 29 January 2025

CCP IP Act

United States · United States Congress · 30 January 2025

Small Business Advocacy Improvements Act of 2025

United States · United States Congress · 31 January 2025

Small Business Advocacy Improvements Act of 2025 This bill expands the primary functions and additional duties of the Office of Advocacy of the Small Business Administration to include (1) examining the role of small businesses in the international economy, and (2) representing the views and interests of small businesses before foreign governments and international entities to contribute to regulatory and trade initiatives that may affect small businesses.

SBA Disaster Transparency Act

United States · United States Congress · 3 February 2025

Small Business Technological Advancement Act

United States · United States Congress · 4 February 2025

Small Business Technological Act of 2025 This bill authorizes the Small Business Administration (SBA) to finance under the 7(a) loan program business software or cloud computing services that facilitate business operations, product or service delivery, payroll processing, human resources functions, sales and billing functions, or accounting or tracking of inventory. Such software or services include business tools that utilize artificial intelligence. The 7(a) loan program is the SBA's primary business loan program that provides loan guaranties for participating lenders to provide financing to small businesses that are otherwise unable obtain reasonable credit terms.

Small Business Disaster Damage Fairness Act of 2025

United States · United States Congress · 4 February 2025

Small Business Disaster Damage Fairness Act of 2025 This bill increases from $14,000 to $50,000 the threshold loan amount over which the Small Business Administration (SBA) may require collateral for a disaster loan. The Government Accountability Office must report on the performance, including the default rate, of such loans. Additionally, the SBA must (1) distinguish between rural and urban communities in the outreach and marketing for disaster loans, and (2) incorporate actions to mitigate challenges encountered by rural communities in accessing such loans.

Small Business Regulatory Reduction Act

United States · United States Congress · 4 February 2025

Prove It Act of 2025

United States · United States Congress · 10 February 2025

Prove It Act of 2025 This bill expands the requirements for federal agency rulemaking with respect to small businesses, organizations, and governmental jurisdictions. Specifically, when conducting an initial regulatory flexibility analysis, agencies must include, where feasible, any reasonably foreseeable indirect costs the proposed rule may impose on small entities. Further, if an agency certifies that an initial regulatory flexibility analysis is not required because the rule will not have a significant economic impact on a substantial number of small entities, the agency must provide such certification within 10 days to the Office of Advocacy of the Small Business Administration. A small entity or group of small entities may petition the Office of Advocacy to review such certification. The petition must include specified information, such as the issues the petitioner believes should be addressed and a proposed solution to the issues raised. If the Office of Advocacy ultimately determines, upon a full review of the petition, that the proposed rule would have a significant economic impact on a substantial number of small entities, the agency promulgating the rule must perform an initial and final regulatory flexibility analysis for the rule. Additionally, if the agency does not participate or assist in the full review process, the finalized rule shall not apply to small entities. The bill also requires agencies to publish, and allow for comments on, all guidance documents with respect to any rule an agency determines is likely to have a significant economic impact on a substantial number of small entities.

An original resolution authorizing expenditures by the Committee on Small Business and Entrepreneurship.

United States · United States Congress · 11 February 2025

Simplifying Subcontracting Act

United States · United States Congress · 13 February 2025

Entrepreneurs with Disabilities Reporting Act of 2025

United States · United States Congress · 26 February 2025

Entrepreneurs with Disabilities Reporting Act of 2025 This bill requires the Small Business Administration to assess and report on the challenges that entrepreneurs with a disability encounter in starting and operating a business, including any recommendations for legislative actions to address those challenges.

ThinkDIFFERENTLY About Disability Employment Act

United States · United States Congress · 26 February 2025

ThinkDIFFERENTLY About Disability Employment Act This bill requires the Small Business Administration (SBA) to (1) provide assistance to individuals with disabilities who desire to become entrepreneurs or to be self-employed, (2) help individuals with disabilities find employment at small businesses; and (3) assist small businesses with hiring such individuals and with accessibility issues applicable to such individuals. The SBA must conduct outreach and education about such activities. The bill establishes reporting requirements with respect to these activities.

Connecting Small Businesses with Career and Technical Education Graduates Act of 2025

United States · United States Congress · 26 February 2025

Connecting Small Businesses with Career and Technical Education Graduates Act of 2025 This bill requires Small Business Development Centers and Women's Business Centers to provide educational information to small businesses about hiring graduates of career and technical education programs. This includes, as appropriate, connecting small businesses with career and technical education programs to assist students and graduates of such programs with identifying career opportunities.

WOSB Accountability Act

United States · United States Congress · 3 March 2025

WOSB Accountability Act This bill requires that only women-owned small businesses that have been certified by a federal agency, state government, or national certifying entity approved by the Small Business Administration (SBA) are included when calculating whether a federal agency has met its contracting goals with respect to such businesses during a fiscal year. Certain self-certified, women-owned small businesses that have filed an application for certification are deemed to have been certified until the SBA or national certifying entity makes a determination with respect to the certification of such business. The SBA must provide a briefing each quarter about specified aspects of the process of certifying women-owned small businesses and implementing the requirements of the bill.

Billion Dollar Boondoggle Act of 2025

United States · United States Congress · 27 February 2025

Billion Dollar Boondoggle Act of 2025 This bill requires the Office of Management and Budget (OMB) to collect information from federal agencies and report to Congress regarding projects that are behind schedule or have expenditures that have exceeded the original cost estimate.  Specifically, the bill requires OMB to issue guidance directing federal agencies to annually submit specified information to OMB regarding certain federally funded projects that (1) are more than five years behind schedule, or (2) have expenditures that are at least $1 billion more than the original cost estimate for the project.  Among other information, the agencies must submit to OMB a description of each project; an explanation of any change to the original scope of the project; the original and current expected dates for the completion of the project; the original and current cost estimates adjusted for inflation;  an explanation for any delays in completing the project or increases in the cost; and the amount of and rationale for any award, incentive fee, or other type of bonus awarded for the project. The bill also requires OMB to submit an annual report to Congress containing the information submitted by the agencies and post the report on the OMB website. 

7(a) Loan Agent Oversight Act

United States · United States Congress · 3 March 2025

7(a) Loan Agent Oversight Act This bill requires the Small Business Administration (SBA) to submit an annual report containing specified information related to 7(a) loan agents. These agents provide fee-based referral and loan application services related to the SBA's 7(a) Program. Under the 7(a) Program, the SBA provides loans and loan guarantees to small business borrowers who cannot obtain credit elsewhere on reasonable terms and conditions. The required report must include (1) the number and type of agents assisting applicants for 7(a) loans, (2) the number of fraudulent loans made for which an applicant used the services of a 7(a) agent, (3) the purchase rate of loans for which an applicant used the services of a 7(a) agent, and (4) the number and aggregate dollar value of referral fees paid to 7(a) agents.

Stop Secret Spending Act of 2025

United States · United States Congress · 5 March 2025

Stop Secret Spending Act of 2025 This bill expands a requirement for federal agencies to report expenditures on the USAspending.gov website to include other transaction agreement expenditures. (Other transaction agreements, or OTAs, are contractual instruments other than standard procurement contracts, grants, or cooperative agreements; they are exempt from many federal procurement laws and regulations). Under current law, federal agencies must report expenditures on federal awards to USAspending.gov with the term federal award defined as federal grants, loans, cooperative agreements, contracts, and certain other types of expenditures. This bill expands the definition of federal award to include expenditures under OTAs, and therefore such expenditures must be included on the USAspending.gov website.  The Department of the Treasury must ensure that data relating to OTAs are automatically transmitted to the website and a centralized view of this data is available on the website. Treasury must also annually post on the USAspending.gov website a report that includes (1) the total amount of federal spending on federal awards for which data has not been posted on the website, and (2) the reason why such spending data was not posted. For 10 years after enactment, the Office of Inspector General of specified federal agencies must periodically submit to Congress and make publicly available a report assessing the agency's spending data and use of data standards.

INNOVATE Act

United States · United States Congress · 5 March 2025

LIONs Act of 2025

United States · United States Congress · 6 March 2025

Investing in All of America Act of 2025

United States · United States Congress · 11 March 2025

Investing in All of America Act of 2025 This bill modifies the limit on the amount of financing available to a Small Business Investment Company (SBIC) from the Small Business Administration (SBA). It also expands the definition of private capital with respect to SBICs. Specifically, the bill reduces the maximum outstanding financing available to an SBIC from 300% to 200% of the SBIC's private capital. The bill increases from $350 million to $475 million the maximum financing available to two or more commonly controlled SBICs that make quarterly or semiannual interest payments. The bill also expands the amounts that may be excluded from the calculation of the financing limit to include the amounts an SBIC invests in (1) rural areas, (2) certain technology categories, or (3) small manufacturers. The bill revises the cap on such excluded amounts to the lesser of $125 million or the aggregate of 50% of the private capital of the SBIC. Additionally, the bill expands what is considered the private capital of an SBIC to include funds obtained from the business revenue of additional government-sponsored corporations and funds invested by the trust or endowment of a college or university.

A bill to amend the Small Business Act to eliminate certain requirements relating to the award of construction subcontracts within the county or State of performance.

United States · United States Congress · 12 March 2025

This bill eliminates a requirement that, to the maximum extent practicable, certain construction subcontracts awarded by the Small Business Administration must be awarded within the county or state where the work is to be performed.

Connecting Small Businesses with Career and Technical Education Graduates Act

United States · United States Congress · 13 March 2025

Connecting Small Businesses with Career and Technical Education Graduates Act This bill includes within the responsibilities of Small Business Development Centers and Women's Business Centers the provision of assistance to small businesses in hiring graduates from career and technical education programs and to graduates of such programs in starting small businesses.

Assisting Small Businesses Not Fraudsters Act

United States · United States Congress · 13 March 2025

Coordinated Support for Rural Small Businesses Act

United States · United States Congress · 24 March 2025

SBA Fraud Enforcement Extension Act

United States · United States Congress · 27 March 2025

Winter Recreation Small Business Recovery Act of 2025

United States · United States Congress · 4 April 2025

Small Business Regulatory Reduction Act of 2025

United States · United States Congress · 17 April 2025

Small Business Regulatory Reduction Act of 2025 This bill requires the Small Business Administration (SBA) to ensure the annual small business regulatory budget for the SBA in each fiscal year is no greater than zero. The small business regulatory budget is the cost to a small business of a federal rulemaking, including the cost resulting from the issuance of any new rule and the cost resulting from the modification or repeal of an existing rule.