H. R. 9031 aims to require leaders of Federal agencies to submit a report to Congress about how they are implementing the Regulatory Flexibility Act. This Act is specifically meant to ensure that agencies consider the impact of their rules on small businesses. The report...
Simple Explanation
This bill wants the leaders of different government departments to tell Congress how they're following a rule that makes them think about how their decisions affect small businesses. They have to explain what they mean by big effects and lots of small businesses in their reports.