United States 119th Congress Status: Passed House 6 R cosponsors

HR 2965 — Small Business Regulatory Reduction Act of 2025

Last action — Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has passed the House. Introduced April 17, 2025. It now moves to the second chamber.

Next likely step: consideration and a floor vote in the Senate.

Odds of enactment

Moderate chance

Based on the sponsor, cosponsors, and committee posture, this bill has a moderate chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 58% · moderate confidence

  • Passed House

    Current position in the legislative process.

  • 6 sponsors

    1 primary, 5 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (6 R).

  • Cleared a recorded vote

    Passed 1 recorded vote so far.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill sets the small business regulatory budget to zero for the Small Business Administration.

The Small Business Regulatory Reduction Act of 2025 mandates that the Small Business Administration's regulatory budget for small businesses cannot exceed zero each fiscal year. Additionally, it requires an annual report on federal rules impacting small businesses.

What this means for you
  • Small Business: Small businesses may see a reduction in regulatory costs due to the requirement for a zero regulatory budget.

Summary

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 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.

Bill Text

What changed in the latest version

6 added · 1 removed

Plain-language change summary

The amendment includes a reference to the bill being received in the Senate and read twice before being referred to the Committee on Small Business and Entrepreneurship. This indicates the bill's progression in the legislative process. The removed line simply indicates the bill's prior status in the House.

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Latest
2965 Engrossed in House (EH)] <DOC> 119th CONGRESS 1st Session H.
2965 Referred in Senate (RFS)] <DOC> 119th CONGRESS 1st Session H.
2965 _______________________________________________________________________ AN ACT 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.
2965 _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 4, 2025 Received;
read twice and referred to the Committee on Small Business and Entrepreneurship _______________________________________________________________________ AN ACT 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.
Clerk.
KEVIN F.
119th CONGRESS 1st Session H.
MCCUMBER, Clerk.
R.
2965 _______________________________________________________________________ AN ACT 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.
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Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Small Business.

  4. Committee Consideration and Mark-up Session Held

  5. Ordered to be Reported (Amended) by the Yeas and Nays: 15 - 11.

  6. Reported (Amended) by the Committee on Small Business. H. Rept. 119-111.

  7. Reported (Amended) by the Committee on Small Business. H. Rept. 119-111.

  8. Placed on the Union Calendar, Calendar No. 82.

  9. Rules Committee Resolution H. Res. 916 Reported to House. Rule provides for consideration of H.R. 4312, H.R. 1005, H.R. 1049, H.R. 1069, H.R. 2965 and H.R. 4305. The resolution provides for consideration of H.R. 4312, H.R. 1005, H.R. 1049, H.R. 1069, H.R. 2965, and H.R. 4305 under a closed rule with one hour of general debate and one motion to recommit on each bill.

  10. Considered under the provisions of rule H. Res. 916. (consideration: CR H4987-4989)

  11. Rule provides for consideration of H.R. 4312, H.R. 1005, H.R. 1049, H.R. 1069, H.R. 2965 and H.R. 4305. The resolution provides for consideration of H.R. 4312, H.R. 1005, H.R. 1049, H.R. 1069, H.R. 2965, and H.R. 4305 under a closed rule with one hour of general debate and one motion to recommit on each bill.

  12. DEBATE - The House proceeded with one hour of debate on H.R. 2965.

  13. POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 2965, the Chair put the question on passage of the bill and by voice vote announced the ayes had prevailed. Ms. Velazquez demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.

  14. Considered as unfinished business. (consideration: CR H5011)

  15. 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)

  16. 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)

  17. Motion to reconsider laid on the table Agreed to without objection.

  18. Received in the Senate and Read twice and referred to the Committee on Small Business and Entrepreneurship.

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 5 co-sponsors · 541 not signed on · 125 voted No

Sponsors (1)

Co-sponsors (5)

Not signed on (541)

541 members have not signed on to this bill.

Show all 541 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

On Passage

Passed 223 Yea · 190 Nay · 19 Other
Party YeaNayPresentNot Voting
Unaffiliated 806507
Republican 133006
Democratic 912506
Independent 1000
Total 223190019
% of votes cast 52%44%0%4%
How each member voted (432)
Member Party Vote
Adams — Nay
Alford — Yea
Allen — Yea
Arrington — Yea
Auchincloss — Nay
Bacon — Yea
Baird — Yea
Barr — Yea
Barrett — Not Voting
Beatty — Nay
Begich — Yea
Bell — Nay
Bilirakis — Yea
Bishop — Nay
Brown — Nay
Buchanan — Not Voting
Burlison — Yea
Bynum — Nay
Calvert — Yea
Carey — Yea
Carson — Nay
Case — Nay
Cline — Yea
Cohen — Nay
Cole — Yea
Collins — Yea
Comer — Yea
Conaway — Nay
Courtney — Nay
Craig — Nay
Crane — Yea
Crawford — Yea
Crenshaw — Yea
Crockett — Not Voting
Crow — Nay
Davidson — Yea
Dexter — Nay
Diaz-Balart — Yea
Dingell — Nay
Downing — Yea
Edwards — Yea
Ellzey — Yea
Fallon — Yea
Fields — Nay
Fine — Yea
Fitzgerald — Yea
Fitzpatrick — Yea
Fletcher — Nay
Flood — Yea
Fong — Yea
Foster — Nay
Frost — Nay
Fry — Yea
Gillen — Yea
Gonzalez, V. — Yea
Graves — Not Voting
Gray — Yea
Greene (GA) — Not Voting
Griffith — Yea
Grijalva — Nay
Guthrie — Yea
Hayes — Nay
Himes — Nay
Hinson — Yea
Horsford — Nay
Hudson — Yea
Huffman — Nay
Hunt — Yea
Jack — Yea
Jacobs — Nay
James — Yea
Jeffries — Nay
Jordan — Yea
Kean — Yea
Keating — Nay
Kim — Yea
Knott — Yea
LaHood — Yea
Latimer — Nay
Latta — Yea
Lawler — Yea
Leger Fernandez — Nay
Levin — Nay
Lucas — Yea
Luna — Yea
Luttrell — Yea
Lynch — Nay
Mace — Yea
Mann — Yea
Matsui — Nay
McBride — Nay
McClain Delaney — Nay
McClellan — Nay
McClintock — Yea
McCollum — Nay
McCormick — Yea
McDonald Rivet — Yea
McDowell — Yea
McGarvey — Nay
McGovern — Nay
McGuire — Yea
Meeks — Nay
Menendez — Nay
Mills — Yea
Moran — Yea
Morrison — Nay
Moulton — Nay
Mullin — Nay
Murphy — Yea
Neal — Nay
Norcross — Nay
Norman — Yea
Owens — Yea
Palmer — Yea
Panetta — Nay
Pappas — Nay
Perry — Not Voting
Peters — Nay
Pou — Nay
Quigley — Nay
Randall — Nay
Rose — Yea
Ross — Nay
Roy — Yea
Rutherford — Yea
Ryan — Yea
Salazar — Yea
Scanlon — Nay
Schmidt — Yea
Schneider — Nay
Sessions — Yea
Sewell — Nay
Sherman — Nay
Shreve — Yea
Simon — Nay
Simpson — Yea
Stanton — Nay
Stevens — Yea
Strickland — Not Voting
Strong — Yea
Sykes — Nay
Taylor — Yea
Tenney — Yea
Titus — Nay
Underwood — Nay
Van Drew — Yea
Van Duyne — Yea
Van Orden — Yea
Wagner — Yea
Wasserman Schultz — Nay
Waters — Nay
Watson Coleman — Nay
Aguilar, Pete Democratic Nay
Amo, Gabe Democratic Nay
Ansari, Yassamin Democratic Nay
Balint, Becca Democratic Nay
Barragán, Nanette Diaz Democratic Nay
Bera, Ami Democratic Nay
Beyer, Donald S. Democratic Nay
Bonamici, Suzanne Democratic Nay
Boyle, Brendan F. Democratic Nay
Brownley, Julia Democratic Nay
Budzinski, Nikki Democratic Nay
Carbajal, Salud O. Democratic Nay
Carter, Troy A. Democratic Nay
Casar, Greg Democratic Not Voting
Casten, Sean Democratic Nay
Castor, Kathy Democratic Nay
Castro, Joaquin Democratic Nay
Cherfilus-McCormick, Sheila Democratic Nay
Chu, Judy Democratic Nay
Cisneros, Gilbert Ray Democratic Nay
Clark, Katherine M. Democratic Nay
Clarke, Yvette D. Democratic Nay
Cleaver, Emanuel Democratic Nay
Clyburn, James E. Democratic Nay
Correa, J. Luis Democratic Nay
Costa, Jim Democratic Nay
Cuellar, Henry Democratic Yea
Davids, Sharice Democratic Nay
Davis, Danny K. Democratic Nay
Davis, Donald G. Democratic Yea
DeGette, Diana Democratic Nay
DeLauro, Rosa L. Democratic Nay
DeSaulnier, Mark Democratic Nay
Dean, Madeleine Democratic Nay
DelBene, Suzan K. Democratic Nay
Deluzio, Christopher R. Democratic Nay
Doggett, Lloyd Democratic Nay
Elfreth, Sarah Democratic Nay
Escobar, Veronica Democratic Nay
Espaillat, Adriano Democratic Nay
Evans, Dwight Democratic Nay
Figures, Shomari Democratic Nay
Foushee, Valerie P. Democratic Not Voting
Frankel, Lois Democratic Nay
Friedman, Laura Democratic Nay
Garamendi, John Democratic Not Voting
Garcia, Robert Democratic Nay
Garcia, Sylvia R. Democratic Nay
García, Jesús G. "Chuy" Democratic Nay
Golden, Jared F. Democratic Yea
Goldman, Daniel S. Democratic Nay
Gomez, Jimmy Democratic Nay
Goodlander, Maggie Democratic Nay
Gottheimer, Josh Democratic Yea
Green, Al Democratic Nay
Harder, Josh Democratic Nay
Houlahan, Chrissy Democratic Nay
Hoyer, Steny H. Democratic Nay
Hoyle, Val T. Democratic Nay
Ivey, Glenn Democratic Nay
Jackson, Jonathan L. Democratic Nay
Jayapal, Pramila Democratic Nay
Johnson, Henry C. "Hank" Democratic Nay
Johnson, Julie Democratic Nay
Kamlager-Dove, Sydney Democratic Nay
Kaptur, Marcy Democratic Nay
Kelly, Robin L. Democratic Nay
Kennedy, Timothy M. Democratic Nay
Khanna, Ro Democratic Nay
Krishnamoorthi, Raja Democratic Nay
Landsman, Greg Democratic Yea
Larsen, Rick Democratic Nay
Larson, John B. Democratic Nay
Lee, Summer L. Democratic Nay
Lee, Susie Democratic Yea
Liccardo, Sam T. Democratic Nay
Lieu, Ted Democratic Nay
Lofgren, Zoe Democratic Nay
Magaziner, Seth Democratic Nay
Mannion, John W. Democratic Nay
McBath, Lucy Democratic Nay
McIver, LaMonica Democratic Nay
Meng, Grace Democratic Nay
Mfume, Kweisi Democratic Nay
Min, Dave Democratic Yea
Moore, Gwen Democratic Nay
Morelle, Joseph D. Democratic Nay
Moskowitz, Jared Democratic Nay
Mrvan, Frank J. Democratic Nay
Nadler, Jerrold Democratic Not Voting
Neguse, Joe Democratic Nay
Ocasio-Cortez, Alexandria Democratic Nay
Olszewski, Johnny Democratic Nay
Omar, Ilhan Democratic Nay
Pallone, Frank Democratic Nay
Pelosi, Nancy Democratic Nay
Perez, Marie Gluesenkamp Democratic Yea
Pettersen, Brittany Democratic Not Voting
Pingree, Chellie Democratic Nay
Pocan, Mark Democratic Nay
Pressley, Ayanna Democratic Nay
Ramirez, Delia C. Democratic Nay
Raskin, Jamie Democratic Nay
Riley, Josh Democratic Nay
Rivas, Luz M. Democratic Nay
Ruiz, Raul Democratic Nay
Salinas, Andrea Democratic Nay
Schakowsky, Janice D. Democratic Nay
Scholten, Hillary J. Democratic Nay
Schrier, Kim Democratic Nay
Scott, David Democratic Nay
Scott, Robert C. "Bobby" Democratic Nay
Smith, Adam Democratic Nay
Sorensen, Eric Democratic Nay
Soto, Darren Democratic Nay
Stansbury, Melanie A. Democratic Nay
Subramanyam, Suhas Democratic Nay
Suozzi, Thomas R. Democratic Nay
Swalwell, Eric Democratic Not Voting
Sánchez, Linda T. Democratic Nay
Takano, Mark Democratic Nay
Thanedar, Shri Democratic Nay
Thompson, Bennie G. Democratic Nay
Thompson, Mike Democratic Nay
Tlaib, Rashida Democratic Nay
Tokuda, Jill N. Democratic Nay
Tonko, Paul Democratic Nay
Torres, Norma J. Democratic Nay
Torres, Ritchie Democratic Nay
Trahan, Lori Democratic Nay
Tran, Derek Democratic Nay
Vargas, Juan Democratic Nay
Vasquez, Gabe Democratic Nay
Veasey, Marc A. Democratic Nay
Velázquez, Nydia M. Democratic Nay
Vindman, Eugene Simon Democratic Nay
Walkinshaw, James R. Democratic Nay
Whitesides, George Democratic Yea
Williams, Nikema Democratic Nay
Wilson, Frederica S. Democratic Nay
Kiley, Kevin Independent Yea
Aderholt, Robert B. Republican Yea
Amodei, Mark E. Republican Yea
Babin, Brian Republican Not Voting
Balderson, Troy Republican Not Voting
Baumgartner, Michael Republican Yea
Bean, Aaron Republican Yea
Bentz, Cliff Republican Yea
Bergman, Jack Republican Yea
Bice, Stephanie I. Republican Yea
Biggs, Andy Republican Yea
Biggs, Sheri Republican Yea
Boebert, Lauren Republican Yea
Bost, Mike Republican Yea
Brecheen, Josh Republican Yea
Bresnahan, Robert P. Republican Yea
Burchett, Tim Republican Yea
Cammack, Kat Republican Yea
Carter, Earl L. "Buddy" Republican Yea
Carter, John R. Republican Yea
Ciscomani, Juan Republican Yea
Cloud, Michael Republican Yea
Clyde, Andrew S. Republican Yea
Crank, Jeff Republican Yea
Cruz, Ted Republican Yea
DesJarlais, Scott Republican Yea
Donalds, Byron Republican Yea
Dunn, Neal P. Republican Yea
Emmer, Tom Republican Yea
Estes, Ron Republican Yea
Evans, Gabe Republican Yea
Ezell, Mike Republican Yea
Fedorchak, Julie Republican Yea
Feenstra, Randy Republican Yea
Finstad, Brad Republican Yea
Fischbach, Michelle Republican Yea
Fleischmann, Charles J. "Chuck" Republican Yea
Foxx, Virginia Republican Yea
Franklin, Scott Republican Yea
Fulcher, Russ Republican Yea
Garbarino, Andrew R. Republican Yea
Gill, Brandon Republican Yea
Gimenez, Carlos A. Republican Yea
Goldman, Craig A. Republican Yea
Gonzales, Tony Republican Yea
Gooden, Lance Republican Yea
Gosar, Paul A. Republican Yea
Grothman, Glenn Republican Yea
Guest, Michael Republican Yea
Hageman, Harriet M. Republican Yea
Hamadeh, Abraham J. Republican Yea
Haridopolos, Mike Republican Yea
Harrigan, Pat Republican Yea
Harris, Andy Republican Yea
Harris, Mark Republican Yea
Harshbarger, Diana Republican Yea
Hern, Kevin Republican Yea
Higgins, Clay Republican Yea
Hill, J. French Republican Yea
Houchin, Erin Republican Yea
Huizenga, Bill Republican Yea
Hurd, Jeff Republican Yea
Issa, Darrell Republican Yea
Jackson, Ronny Republican Yea
Johnson, Dusty Republican Yea
Johnson, Mike Republican Yea
Joyce, David P. Republican Yea
Joyce, John Republican Yea
Kelly, Mike Republican Not Voting
Kelly, Trent Republican Yea
Kennedy, Mike Republican Yea
Kiggans, Jennifer A. Republican Yea
Kustoff, David Republican Yea
LaLota, Nick Republican Yea
LaMalfa, Doug Republican Yea
Langworthy, Nicholas A. Republican Yea
Lee, Laurel M. Republican Yea
Letlow, Julia Republican Yea
Loudermilk, Barry Republican Yea
Mackenzie, Ryan Republican Yea
Malliotakis, Nicole Republican Yea
Maloy, Celeste Republican Yea
Massie, Thomas Republican Yea
Mast, Brian J. Republican Yea
McCaul, Michael T. Republican Yea
McClain, Lisa C. Republican Not Voting
Messmer, Mark B. Republican Yea
Meuser, Daniel Republican Yea
Miller, Carol D. Republican Yea
Miller, Mary E. Republican Yea
Miller, Max L. Republican Yea
Miller-Meeks, Mariannette Republican Yea
Moolenaar, John R. Republican Yea
Moore, Barry Republican Yea
Moore, Blake D. Republican Yea
Moore, Riley M. Republican Yea
Moore, Tim Republican Yea
Nehls, Troy E. Republican Not Voting
Newhouse, Dan Republican Yea
Nunn, Zachary Republican Yea
Obernolte, Jay Republican Yea
Ogles, Andrew Republican Yea
Onder, Robert F. Republican Yea
Patronis, Jimmy Republican Yea
Pfluger, August Republican Yea
Reschenthaler, Guy Republican Yea
Rogers, Harold Republican Yea
Rogers, Mike D. Republican Yea
Rouzer, David Republican Yea
Rulli, Michael A. Republican Yea
Scalise, Steve Republican Yea
Schweikert, David Republican Yea
Scott, Austin Republican Yea
Self, Keith Republican Yea
Smith, Adrian Republican Yea
Smith, Christopher H. Republican Yea
Smith, Jason Republican Yea
Smucker, Lloyd Republican Yea
Spartz, Victoria Republican Yea
Stauber, Pete Republican Yea
Stefanik, Elise M. Republican Yea
Steil, Bryan Republican Yea
Steube, W. Gregory Republican Yea
Stutzman, Marlin A. Republican Yea
Thompson, Glenn Republican Yea
Tiffany, Thomas P. Republican Yea
Timmons, William R. Republican Yea
Turner, Michael R. Republican Yea
Valadao, David G. Republican Yea
Walberg, Tim Republican Yea
Weber, Randy K. Sr. Republican Yea
Webster, Daniel Republican Yea
Westerman, Bruce Republican Yea
Wied, Tony Republican Yea
Williams, Roger Republican Not Voting
Wilson, Joe Republican Yea
Wittman, Robert J. Republican Yea
Womack, Steve Republican Yea
Yakym, Rudy Republican Yea
Zinke, Ryan K. Republican Yea

Official roll call →

Subjects

finance labor
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Frequently asked questions

What does HR 2965 do?
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 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.
Who sponsors HR 2965?
HR 2965 is sponsored by Van Duyne, Beth (Republican), King-Hinds, Kimberlyn (Republican), Meuser, Daniel (Republican), Schmidt, Derek (Republican), Finstad, Brad (Republican), and Bean, Aaron (Republican).
What is the current status of HR 2965?
This bill has passed the House. Introduced April 17, 2025. It now moves to the second chamber.
Where can I track HR 2965?
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