Small Business Regulatory Flexibility Improvements Act
Summary
Senator Rick Scott introduced S. 5178, the Small Business Regulatory Flexibility Improvements Act, on July 30, 2026. The bill was read twice and referred to the Committee on Homeland Security and Governmental Affairs. It is in the earliest legislative stage with no cosponsors, no companion bill, and no funding authorization, indicating negligible near-term market impact.
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Key Takeaways
- 1.S. 5178 is a procedural bill at the earliest legislative stage with no cosponsors, no companion bill, and no funding.
- 2.The bill has no direct market impact—it does not authorize spending, create tax incentives, or mandate procurement.
- 3.Zero cosponsors and referral to a non-primary committee suggest very low probability of passage in the 119th Congress.
Market Implications
There are no market implications from this bill. It does not affect any sector, company, or revenue stream. Retail investors should not adjust any positions based on this legislation.
Full Analysis
On July 30, 2026, Senator Rick Scott (R-FL) introduced S. 5178, the Small Business Regulatory Flexibility Improvements Act. The bill was read twice and referred to the Committee on Homeland Security and Governmental Affairs. This is the earliest stage of the legislative process for a bill in the 119th Congress (2025–2027). The bill has zero cosponsors and no companion legislation in the House, indicating minimal initial momentum.
The bill amends the Regulatory Flexibility Act (RFA) to expand the definition of 'rule' and 'economic impact' to include indirect effects and beneficial effects on small entities. It does not authorize or appropriate any funding. The mechanism is purely procedural: it would require federal agencies to conduct more comprehensive regulatory flexibility analyses for rules that indirectly affect small businesses. There is no money trail—no grants, tax credits, or direct procurement.
As a procedural bill at the referral stage with no cosponsors, the probability of passage in this Congress is very low. The committee referral is to Homeland Security and Governmental Affairs, which has jurisdiction over federal regulatory process but is not typically a high-priority committee for small business legislation. No related signals, procurement, or presidential actions are present in the provided data.
Structural winners and losers are not identifiable at this stage. The bill does not name any specific companies, sectors, or funding recipients. Even if enacted, the impact would be on regulatory compliance costs for federal agencies, not on publicly traded companies' revenue streams. The timeline for any further action is uncertain; the bill may never receive a committee hearing.
Key Legislators
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
To amend the Small Business Act to require the Administrator of the Small Business Administration to carry out a pilot program on issuing grants to eligible veterans to start or acquire qualifying businesses, and for other purposes.
Reducing Red Tape for Rebuilding Act
A bill to require the Comptroller General to evaluate Federal cybersecurity assistance to small business concerns, and for other purposes.
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Adjusting Imports of Polysilicon and its Derivatives into the United States
This proclamation invokes Section 232 of the Trade Expansion Act to impose a minimum import price (MIP) program on polysilicon and its derivatives, a 15% ad valorem tariff on polysilicon derivatives, and directs the Secretary of Commerce to offer incentives for domestic production. It aims to protect and revive the U.S. polysilicon industry by restricting imports that threaten national security, particularly for semiconductor and solar supply chains.
To Facilitate Positive Adjustment to Competition from Imports of Quartz Surface Products
This proclamation imposes a 4-year tariff-rate quota on imports of quartz surface products (QSP) to protect the domestic industry from serious injury caused by increased imports. It excludes Canada, Mexico, Australia, CAFTA-DR countries, Colombia, Israel, Jordan, Korea, Panama, Peru, Singapore, and CBERA beneficiaries, and provides a developing-country exemption. The action is a safeguard measure under section 202 of the Trade Act of 1974.
Presidential Determination Pursuant to Section 101 of the Defense Production Act of 1950, as Amended, on Recoverable Critical Minerals and Materials
This memorandum invokes the Defense Production Act (DPA) Section 101 to declare that recoverable critical minerals and materials (such as black mass, end-of-life rare-earth magnets, and scrap) are essential to national defense and that the U.S. cannot meet defense needs without disrupting civilian markets. It directs the Secretary of Commerce to issue regulations and take actions—including priority contracts and supply-chain interventions—to rapidly expand domestic recovery and processing of these materials, while explicitly excluding copper scrap already covered by a separate proclamation.
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