Section 4 · The Economy
🏪Ch. 25 — Small Business Administration
SBA · 8 tracked
End SBA direct lending and shift disaster loans away from SBA
Proposed
Mandate’s success metrics include ending SBA direct lending; for disaster loans (mostly to individuals, not small businesses), work with Congress to move lending to another agency and/or private channels, and specify no new direct lending programs.
Supercharge Office of Advocacy with RFA pre-clearance and presumptive small-business exemptions
Proposed
Mandate would amend the Regulatory Flexibility Act so agencies send proposed rules and analyses to Advocacy 60 days before NPRM, expand analysis to indirect costs, require agencies to seek Advocacy input, presumptively exempt small businesses from new rules unless Advocacy signs off, boost Advocacy budget ≥50%, and extend SBREFA panels government-wide.
Accelerate COVID PPP/EIDL fraud cleanup and reverse Planned Parenthood loan forgiveness
Proposed
Mandate prioritizes final accounting of COVID lending fraud, private-sector closeout help, clawbacks for ineligible forgiveness, and specifically reversing forgiveness of Planned Parenthood affiliate PPP loans with DOJ referrals if knowing misrepresentation is found.
Stop enforcing religious eligibility exclusions and finalize rule removing them
Proposed
Mandate says immediately notify Congress under 28 U.S.C. § 530D that unconstitutional religious exclusions will not be enforced, take down Form 1971, and finalize Trump’s proposed rule (or a successor) removing religious exclusions from SBA loan programs.
Expand SBIR set-asides; create large manufacturing 7(a) loans; refocus SBIC to manufacturers
Proposed
Mandate would continue/expand SBIR/STTR (raise agency set-asides; require U.S. capital expenditure), create a larger Section 7(a) category (e.g., up to $50M) for manufacturing facilities/equipment, and reform SBIC away from duplicative software VC toward capital-intensive manufacturers (longer-term financing).
Create a federal ‘medium-sized business’ class for limited capital-access programs
Proposed
Mandate notes SBA size standards are one-size-fits-all and urges Congress to create a medium-sized business classification whose eligibility is confined to capital-access programs where credit elsewhere does not exist.
Back IMPROVE/RFA bills and Fair and Open Competition Act against Biden PLA mandate
Proposed
Mandate lists legislative priorities including IMPROVE the SBA Act, Small Business Regulatory Flexibility Improvements Act, extending SBREFA panels, Fair and Open Competition Act to disallow project labor agreements required by EO 14063, and JOBS Act 4.0 capital-formation measures.
Freeze ~$1B SBA budget, rank programs, terminate ineffective ones; rein in SBLC expansion
Proposed
Mandate orders a six-month cost-effectiveness ranking report to Congress, holding the ~$1B budget constant meantime then terminating/consolidating ineffective programs; warns against expanding licensed SBLCs, ‘Mission-Based SBLCs,’ and dropping loan-authorization requirements amid fraud fallout.