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H.R. 421119th CongressIn markupLatest action Jun 10, 2025Decoded by AI · checked against the record
Official title: Small Business Regulatory Flexibility Improvements Act
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
HR 421 would expand and strengthen small-business impact reviews before federal agencies finalize new regulations.
40-second read · 4 questions answered below
HR 421 amends the Regulatory Flexibility Act to broaden what counts as a reviewable "rule," require agencies to weigh indirect costs and both harmful and beneficial effects on small entities, and add tribal organizations to covered groups. It also strengthens the SBA's Chief Counsel for Advocacy, creates a small-business consultation process, requires periodic review of old rules, allows lawsuits after final rules are published, and generally requires waiving first-time paperwork fines for small businesses.
Federal agencies that write regulations, small businesses and nonprofits that must comply, and the SBA's Office of Advocacy are directly affected; consumers could feel indirect effects through rules on environment, labor, health, or land use.
More detailed analysis requirements and expanded legal challenge options could slow or reshape how agencies finalize rules affecting small entities.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 13 - 12.