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 0, and for other purposes.

Bill 119 hr 974, also known as the Small Business Regulatory Budget Act, aims to limit the regulatory burden on small businesses by requiring the Administrator of the Small Business Administration to ensure that the regulatory budget for a small business concern in a fiscal year does not exceed zero. This means that small businesses would not be subject to any additional regulatory costs beyond what they are already facing.

The bill is designed to help small businesses thrive by reducing the costs and complexities associated with complying with regulations. By capping the regulatory budget at zero, small businesses would have more resources available to invest in growth and job creation.

In addition to limiting the regulatory burden on small businesses, the bill also includes provisions for other purposes. These additional purposes are not specified in the summary, but could potentially include measures to streamline regulatory processes, improve regulatory compliance, or provide additional support for small businesses. Overall, the Small Business Regulatory Budget Act is aimed at promoting economic growth and job creation by reducing the regulatory burden on small businesses. It will be interesting to see how this bill progresses through Congress and what impact it may have on small business owners across the country.