S. 495 · In committee · Government Operations and Politics

Prove It Act of 2025

What it does

Requires agencies conducting an initial regulatory flexibility analysis to include, where feasible, reasonably foreseeable indirect costs a proposed rule may impose on small entities.
Requires an agency certifying that no analysis is needed to send the certification within 10 days to the SBA Office of Advocacy, which small entities may petition to review.
Requires an initial and final analysis if the office finds the rule would significantly affect many small entities, and exempts small entities from the rule if the agency does not take part in the review.
Requires agencies to publish, and allow comments on, all guidance documents.

Official summary

Prove It Act of 2025 This bill expands the requirements for federal agency rulemaking with respect to small businesses, organizations, and governmental jurisdictions. Specifically, when conducting an initial regulatory flexibility analysis, agencies must include, where feasible, any reasonably foreseeable indirect costs the proposed rule may impose on small entities. Further, if an agency certifies that an initial regulatory flexibility analysis is not required because the rule will not have a significant economic impact on a substantial number of small entities, the agency must provide such certification within 10 days to the Office of Advocacy of the Small Business Administration. A small entity or group of small entities may petition the Office of Advocacy to review such certification. The petition must include specified information, such as the issues the petitioner believes should be addressed and a proposed solution to the issues raised. If the Office of Advocacy ultimately determines, upon a full review of the petition, that the proposed rule would have a significant economic impact on a substantial number of small entities, the agency promulgating the rule must perform an…

Latest action

Nov 19, 2025: Committee on Small Business and Entrepreneurship. Hearings held.

Committee: Senate Small Business and Entrepreneurship