Bill
HR 2027
Overview: HR 2027, the Returning SBA to Main Street Act of 2025, was introduced in the House on March 11, 2025, and has been reported (Amended) by the Committee on Small Business (
Overview: HR 2027, the Returning SBA to Main Street Act of 2025, was introduced in the House on March 11, 2025, and has been reported (Amended) by the Committee on Small Business (H. Rept. 119-109).
Purpose and Intent: The bill aims to refocus the Small Business Administration (SBA) on supporting small businesses on Main Street by streamlining and prioritizing its programs and services.
Key Provisions:
- Requires the SBA to establish a new "Main Street" division to oversee and coordinate its programs for small businesses
- Directs the SBA to prioritize lending and assistance to small businesses with fewer than 50 employees and less than $5 million in annual revenue
- Eliminates certain SBA programs deemed less effective or duplicative, and reallocates those resources to the Main Street division
Affected Parties and Impacts: The bill would primarily benefit small businesses, especially those on Main Street, by ensuring the SBA's resources and programs are better tailored to their needs. It could lead to increased access to SBA lending and support for smaller, local businesses.
Procedural and Timeline Considerations: The bill has been reported (Amended) by the House Committee on Small Business and is now awaiting further consideration by the full House.
Compiled from official sources — confirm details with the bill’s official record.
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