OFFICIAL LEGAL TITLE
Returning SBA to Main Street Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 118_S_5501.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2024-12-12.
What are the main provisions?
Key points include:
- Increased accessibility for small businesses: 30% of SBA headquarters staff must move to regional offices to improve local support and outreach to entrepreneurs across the country.
- Pay and telework changes for staff: Relocated employees will receive pay based on the local rate of their new duty station and will not be authorized for full-time telework.
- Headquarters downsizing: The SBA must reduce its headquarters office space by at least 30% within two years.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Sen. Ernst, Joni [R-IA].
What is the latest detailed status?
The latest detailed status is: Introduced in Senate
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-26.