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H.R. 2965
U.S. House•In Senate Committee
Summary
H.R. 2965, the Small Business Regulatory Reduction Act of 2025, was introduced in the House on Apr 17, 2025 by Rep. Elizabeth Van Duyne (R) with 5 co-sponsors. It was referred to Small Business And Entrepreneurship, and last saw action on Dec 4, 2025: Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.
Record
Text
H.R. 2965 has 5 co-sponsors, 1 roll call and 1 amendment.
hb2965/engrossed-in-house.txt119 HR 2965 EH: Small Business Regulatory Reduction Act of 2025U.S. House of Representativestext/xmlENPursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.IB119th CONGRESS 1st SessionH. R. 2965IN THE HOUSE OF REPRESENTATIVESAN ACTTo require the Administrator of the Small Business Administration to ensure that the small business regulatory budget for a small business concern in a fiscal year is not greater than zero, and for other purposes.1.Short titleThis Act may be cited as the Small Business Regulatory Reduction Act of 2025 .2.Small Business Administration rulemaking costs to small business concerns(a)DefinitionsIn this section:(1)AdministratorThe term Administrator means the Administrator of the Small Business Administration.(2)Rule; rulemakingThe terms rule and rulemaking have the meanings given those terms in section 551 of title 5, United States Code.(3)Small businessThe term small business has the same meaning as the term small business concern under section 3 of the Small Business Act ( 15 U.S.C. 632 ), unless an agency, after consultation with the Office of Advocacy of the Small Business Administration and after opportunity for public comment, establishes one or more definitions of such term which are appropriate to the activities of the agency and publishes any such definitions in the Federal Register.(4)Small business regulatory budgetThe term small business regulatory budget means the cost to a small business of a rulemaking conducted by a Federal agency, including the cost resulting from the issuance of any new rule and the cost resulting from the modification or repeal of an existing rule.(b)RequirementIn fiscal year 2026 and each fiscal year thereafter, the Administrator shall ensure that the small business regulatory budget for the Small Business Administration for the applicable fiscal year is not greater than zero.(c)Advocacy ReportNot later than 60 days after the end of fiscal year 2025, and annually thereafter, the Chief Counsel for the Office of Advocacy of the Small Business Administration shall submit to Congress a report regarding rules issued by Federal agencies other than the Administration during the preceding fiscal year that have an impact on small businesses, which shall—(1)include the total small business regulatory budgets for the preceding fiscal year for each Federal agency;(2)include each such rule issued during the preceding fiscal year; and(3)be disaggregated by the Federal agency that issued each such rule.3.No additional fundsNo additional funds are authorized to be appropriated to carry out this Act.Passed the House of Representatives December 3, 2025. Kevin F. McCumber, Clerk.
Tracker
The tracker indicates the progress of this legislation as it moves through the legislative process.
- Introduced2025-04-17
- Passed House2025-12-03
- Passed Senate
- Conference
- To President
- Became Law
CRS Summary
The summaries are the Congressional Research Service’s, one per stage. Read them in full.
Reported to House May 21, 2025
hb2965/reported-to-house.mdShown Here:
Reported to House (05/21/2025)
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.
Sponsors
Rep. Elizabeth Van Duyne (R) sponsors H.R. 2965, and 5 members have co-sponsored it, 1 of them from the day it was introduced.

Rep. · R–TX-24 · Sponsor
Introduced Apr 17, 2025

Rep. · R–MP-0 · Co-sponsor
Joined Apr 17, 2025 · Original

Rep. · R–FL-4 · Co-sponsor
Joined Apr 28, 2025

Rep. · R–MN-1 · Co-sponsor
Joined Apr 28, 2025

Rep. · R–PA-9 · Co-sponsor
Joined Apr 28, 2025

Rep. · R–KS-2 · Co-sponsor
Joined Apr 28, 2025
Committees
H.R. 2965 went before 2 committees: Small Business and Entrepreneurship and Small Business.

Reports
1 committee report has been filed on H.R. 2965, the latest H. Rept. 119-111.
- H. Rept. 119-111 — SMALL BUSINESS REGULATORY REDUCTION ACT OF 2025
Actions
H.R. 2965 has taken 16 actions since Apr 17, 2025, the latest on Dec 4, 2025.
| Chamber | Action | |||
|---|---|---|---|---|
Dec 4, 2025 | Senate | Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.Small Business and Entrepreneurship Committee | ||
Dec 3, 202516:01 | House | Considered as unfinished business. (consideration: CR H5011) | ||
Dec 3, 202516:33 | House | On passage Passed by the Yeas and Nays: 223 - 190 (Roll no. 310). (text of amendment in the nature of a substitute: CR 12/02/2025 H4987)House roll call 310 223–190 | ||
Dec 3, 202516:33 | House | Motion to reconsider laid on the table Agreed to without objection. | ||
Dec 3, 202516:33 | — | Passed/agreed to in House: On passage Passed by the Yeas and Nays: 223 - 190 (Roll no. 310). (text of amendment in the nature of a substitute: CR 12/02/2025 H4987) roll call 310 |
Votes
H.R. 2965 went to 1 roll call in the House, the latest on Dec 3, 2025 at 223–190.
| Chamber | Question | Yea | Nay | |||
|---|---|---|---|---|---|---|
Dec 3, 2025 | House | On Passage | 223 | 190 |
Amendments
1 amendment has been offered to H.R. 2965, the latest acted on Dec 2, 2025.
Related bills
1 bill is related to H.R. 2965, as Procedurally related.
Titles
H.R. 2965 goes by 7 titles, 4 of them short titles.
- Small Business Regulatory Reduction Act of 2025 — Short Titles from RFS (Referred to Senate) bill text
- Small Business Regulatory Reduction Act of 2025 — Short Title(s) as Passed House
- To require the Administrator of the Small Business Administration to ensure that the small business regulatory budget for a small business concern in a fiscal year is not greater than zero, and for other purposes. — Official Titles from EH (Engrossed in House) bill text
- Small Business Regulatory Reduction Act of 2025 — Short Title(s) as Reported to House
- Small Business Regulatory Reduction Act of 2025 — Display Title
- Small Business Regulatory Reduction Act of 2025 — Short Title(s) as Introduced
- To require the Administrator of the Small Business Administration to ensure that the small business regulatory budget for a small business concern in a fiscal year is not greater than zero, and for other purposes. — Official Title as Introduced
Cost estimate
The Congressional Budget Office has filed 1 estimate for H.R. 2965, the latest on Aug 18, 2025.
- H.R. 2965, Small Business Regulatory Reduction Act of 2025 — 2025-08-18As reported by the House Committee on Small Business on May 21, 2025
Lobbying
2 clients hired 2 firms and 12 registered lobbyists who named H.R. 2965 in 5 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.
Filed under Small Business, Banking, Civil Rights/Civil Liberties, Computer Industry, Consumer Issues/Safety/Products, Financial Institutions/Investments/Securities, Government Issues, Health Issues.
Clients
Who paid to be heard, by how many filings named the bill.
| Client | Business | State | Firms | Filings | Reported |
|---|---|---|---|---|---|
| SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) | — | Virginia | 1 | 3 | — |
| PUBLIC CITIZEN | — | District of Columbia | 1 | 2 | — |
Firms
Registrants who filed on the bill, by filings.
| Registrant | Clients | Filings | Reported |
|---|---|---|---|
| SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) | 1 | 3 | — |
| PUBLIC CITIZEN | 1 | 2 | — |
Lobbyists
Named on the filings that cite the bill.
| Lobbyist | Firms | Clients | Filings |
|---|---|---|---|
| KAREN KERRIGAN | 1 | 1 | 3 |
| RAYMOND KEATING | 1 | 1 | 3 |
| CRAIG HOLMAN | 1 | 1 | 2 |
| EAGAN KEMP | 1 | 1 | 2 |
| ELIZABETH SKERRY | 1 | 1 | 2 |
| JONATHAN GOLINGER | 1 | 1 | 2 |
| JOSHUA BRANCH | 1 | 1 | 2 |
| KATHERINE TRACY | 1 | 1 | 2 |
| MARTHA PEREZ-PEDEMONTI | 1 | 1 | 2 |
| STEVEN KNIEVEL | 1 | 1 | 2 |
| SUSAN HARLEY | 1 | 1 | 2 |
| BARTLETT NAYLOR | 1 | 1 | 1 |
Filings
The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.
| Client | Registrant | Period | Reported | Document |
|---|---|---|---|---|
| PUBLIC CITIZEN | PUBLIC CITIZEN | 2026 first_quarter | $100.4K | 1st Quarter - Report |
| PUBLIC CITIZEN | PUBLIC CITIZEN | 2025 fourth_quarter | $73K | 4th Quarter - Report |
| SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) | SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) | 2025 second_quarter | $65K | 2nd Quarter - Report |
| SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) | SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) | 2025 third_quarter | $55K | 3rd Quarter - Report |
| SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) | SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL) | 2025 fourth_quarter | $30K | 4th Quarter - Report |
Classification
The Congressional Research Service files H.R. 2965 under Commerce, one of its 31 policy areas, and gives it 3 legislative subjects.
CRS Subjects
CRS assigns every bill one policy area from its 31; H.R. 2965’s is Commerce.
hr2965/policy-areas.txtLegislative Subjects
H.R. 2965 carries 3 of CRS’s legislative subjects, from Administrative law and regulatory procedures to Small Business Administration.
hr2965/subjects.txtConstitutional authority
The clause the sponsor cites as Congress’s power to enact H.R. 2965, as entered in the Congressional Record.
[Congressional Record Volume 171, Number 67 (Thursday, April 17, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. VAN DUYNE:H.R. 2965.Congress has the power to enact this legislation pursuantto the following:Article 1 Sec. 8[Page H1614]
Source: congress.gov · legiscan.com
