S.1806

Business Owners Protection Act of 2025

Introduced·5/19/25

Terminates unused Securities and Exchange Commission authorities from the Dodd-Frank Act.

The Business Owners Protection Act of 2025 aims to terminate unused authorities of the Securities and Exchange Commission (SEC) established under the Dodd-Frank Wall Street Reform and Consumer Protection Act. Specifically, it ends any authority that allows the SEC to establish requirements for private entities if no notice of proposed rulemaking or guidance document was issued before January 1, 2025. The SEC must then provide a list of terminated authorities to Congress and the public within 180 days of the act's enactment.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Banking, Housing, And Urban Affairs Committee
Next
Committee decision

Sponsors

Democratic CaucusRepublican Caucus

History

May 19, 2025

Senate

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.