This bill requires the Small Business Administration to maintain a regulatory budget of zero or less for small businesses each fiscal year, meaning any new or modified regulations issued by the SBA must not increase costs for small business concerns. The law affects small businesses across the country by potentially limiting the regulatory burden placed on them through SBA rulemaking. Additionally, the bill requires the SBA Administrator to submit an annual report to Congress within 60 days of the end of each fiscal year documenting all regulations issued by federal agencies that impact small businesses, organized by the agency that issued them. The legislation does not specify any dedicated funding allocation, as its primary purpose is to constrain regulatory costs rather than authorize new spending. The bill essentially aims to prevent the SBA from creating new rules or modifying existing ones in ways that would increase compliance costs for small business enterprises.