SBA Eliminates Long-Standing Public Notice and Comment Procedures for Certain Rulemaking

The U.S. Small Business Administration (SBA) published a final rule rescinding its five-decade-old policy of voluntarily using public notice and comment procedures for rulemaking actions related to loan, grant, benefit, and contract programs. This change, effective immediately, is part of a broader administration effort to streamline the regulatory process and aligns the SBA with other federal agencies that have taken similar steps.