Small Business: New Protections Against Federal Regulations
A senate committee must act next: committee consideration.
While helping small businesses is popular, this bill gives the SBA significant power over other agencies, which often leads to pushback in a divided Congress.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
Small local labor organizations would count as 'small organizations' under the law without being lumped in with larger national or international unions they belong to, giving them access to the same regulatory impact protections as other small entities.
“In the case of any local labor organization, subparagraph (A) shall be applied without regard to any national or international organization of which such local labor organization is a part.”
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
U.S. Sen. Rick Scott has introduced the Small Business Regulatory Flexibility Improvements Act, requiring agencies to analyze both direct and indirect economic effects of potential rules. The bill also eliminates certain waivers and follows procedures set by the SBA's Chief Counsel.
Senator Rick Scott filed the Small Business Regulatory Flexibility Improvements Act to force federal agencies to 'put a price tag' on every rule. The legislation aims to address the $2 trillion annual cost of regulations that Scott argues disproportionately hurts small business owners.
No votes recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Small Business Regulatory Flexibility Improvements Act
Analysis generated by AI. Always verify with official sources.