Small Business Regulatory Relief Act

HR 5999, the Small Business Regulatory Relief Act, creates a new Small Business Regulatory Enforcement Fairness Act Ombudsman within the Small Business Administration (SBA). This ombudsman will directly assist small businesses by helping them understand and comply with federal regulations through training, compliance guides, and webinars on new rules. The bill requires federal agencies with regulatory authority over small businesses to designate a primary point of contact to coordinate with the ombudsman and provide clear information about regulatory requirements. It mandates that agencies develop and share resources to help small businesses navigate compliance, including assistance with forms and specific regulatory questions.