American Legislation

Requires quarterly SBA Inspector General reports on suspected fraud involving COVID-19 small business loans; ends after two years; no new funding.

Bars use of unquantified or non-monetized factors in federal regulatory economic analyses and requires public posting and updated OMB guidance.

Requires agencies to report indirect costs, lets small entities petition for review, and requires guidance publication and updates to 10-year rule reviews.

Sanctions and visa bans for persons tied to significant theft of intellectual property; requires reports and presidential waivers.

Requires SBA and National Council on Disability to sign agreements to boost hiring, entrepreneurship, and accessibility for people with disabilities.

Requires SBDCs and Women's Business Centers to share information and connect small businesses with career and technical education programs and graduates.

Requires plain, concise notices and keyword use so small businesses can find and understand contracting opportunities; SBA must issue rules in 90 days.

Requires SBA to disclose why certain solicitations are canceled and help affected small businesses find similar contracting opportunities.

Allows SBA loans to pay for business software and cloud services, including AI tools for payroll, HR, accounting, sales, and inventory.

Moves 30% of SBA headquarters staff outside Washington, limits full-time telework, and reduces headquarters office space.

New reporting, budget disclosures, limits on forgiveness and loans, GAO and IG reviews, and a ban on SBA rules that increase loan program costs.

Directs the SBA to improve disaster assistance access and outreach for rural individuals, with a one-year implementation requirement.

Requires federal scorecards to report first-time small-business prime contract winners by NAICS code and define key terms.

Bars most SBA financial help for people finally convicted of certain loan or grant fraud and for businesses with such associates; 7(b) aid excluded.

Requires SBA and GAO reports on veteran and reservist small business outreach and credit access; no new funding authorized.

Clarifies Office of Advocacy duties and adds an international role to represent small businesses on trade and regulatory matters.

Requires prime contractors to use plain writing when soliciting subcontracts and include that requirement in subcontracting plans.

Authorizes spending and staffing for the Senate Small Business committee from March 2025 to February 2027 with specified limits.

Allows nonprofit child care centers to access SBA 7(a) and 504 loans through participating lenders, with eligibility rules and annual reporting.

Requires SBA to pursue collections on most COVID-era small-business loans, extends oversight and reporting, harmonizes fraud timelines, and posts recoveries data.

Requires the SBA to keep each small business's annual regulatory cost from SBA rulemakings at zero and report other agencies' rules affecting small businesses.

Creates an SBA pilot program allowing eligible small businesses to use commodity futures or derivatives to limit input cost risk; gasoline and diesel included.