By Fiscal Year, Millions of Dollars

2025

2025-2029

2025-2034

Direct Spending (Outlays)

1

5

10

Revenues

*

*

-7

Increase or Decrease (-) in the Deficit

1

5

17

Spending Subject to Appropriation (Outlays)

6

40

not estimated

Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?

< $2.5 billion

Statutory pay-as-you-go procedures apply?

Yes

Mandate Effects

Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?

< $5 billion

Contains intergovernmental mandate?

No

Contains private-sector mandate?

Yes, Under Threshold

* = between -$500,000 and zero.

The bill would

• Allow small businesses, nonprofit organizations, and small local governments to request that the Small Business Administration (SBA) review a certification that a proposed rule would not have a significant economic effect on a substantial number of such small entities
• Require the SBA to declare a rule no longer in effect if the issuing agency fails to review that rule periodically
• Impose mandates on private-sector entities

Estimated budgetary effects would mainly stem from

• Requiring some federal agencies to devote staff to meet new analysis and reporting requirements
• Increasing costs for agencies that are funded through annual appropriations to carry out the bill’s provisions
• Increasing direct spending and decreasing revenues for several fee-funded, independent agencies and the Federal Reserve System to carry out provisions of the bill

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