DUMP Red Tape Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
This bill, the DUMP Red Tape Act, aims to reduce the burden of federal regulations on small businesses. It directs the Small Business Administration’s Chief Counsel for Advocacy to create and operate a ‘Red Tape Hotline’ where small entities can report concerns about overly burdensome agency rules. The hotline will collect data on these concerns and provide recommendations to agencies for simplification and reduction of regulatory burdens.
Key provisions
- Establishes a ‘Red Tape Hotline’ within the Small Business Administration.
- Requires the Chief Counsel for Advocacy to create multiple methods for small entities to submit complaints (hotline, email, form, website).
- Mandates an annual report to Congress and the SBA Administrator detailing the types of rules receiving complaints.
- Requires the report to include recommendations for agencies to reduce regulatory burdens.
- Defines key terms like ‘agency,’ ‘rule,’ and ‘small entity’ for the purpose of the hotline.
- Sets a deadline for establishing the hotline (180 days).
- Requires an annual submission of the Red Tape Hotline report.
Who is affected
- Small businesses
- The Small Business Administration
- Federal agencies
Notable changes
- Creates a formal mechanism for small businesses to report regulatory burdens to the SBA.
Bill text
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