IN THE SENATE OF THE UNITED STATES
March 12, 2013
Mr. Rubio(for himself,Mr. Risch,Mr. Enzi,Mr. Johnson of Wisconsin,Mrs. Fischer,Mr. Vitter,Mr. Paul, andMr. Scott) introduced the following bill; which was read twice and referred to theCommittee on Small Business and Entrepreneurship
To require a study and report by the Small Business Administration regarding the costs to small business concerns of Federal regulations.
This Act may be cited as the
Regulation Costs to Small Business
Small Business Administration study on the cost of Federal regulations
TheAdministratorshall conduct an annual study of the total costs to small business concerns of Federal regulations.
conducting the study required undersubsection (a), theAdministratorshall use
a methodology that is substantially similar to the methodology used in
conducting the study described in the report entitled
The Impact of
Regulatory Costs on Small Firms(September 2010), prepared on behalf of
the Office of Advocacy of the Administration.
Not later than 1 year after the date of enactment of this Act, and annually thereafter, theAdministratorshall submit toCongressa report on the findings of the study conducted undersubsection (a), which shall include an estimate of the total annual costs of Federal regulations to small business concerns, by agency, as such term is defined in section 551of title 5, United States Code.
TheAdministrationshall carry out this section using unobligated funds otherwise made available to theAdministration.
Sense of Congress regarding funding
It is the Sense ofCongressthat no additional funds should be made available to theAdministrationto carry out this Act.
In this Act—
Business Administrationand the Administrator thereof, respectively; and
small business concernhas the same meaning as in
section 3 of
the Small Business Act(
15 U.S.C. 632