The Committee's jurisdiction is articulated in the Rules of the House Representatives. The legislative jurisdiction of the Committee on Small Business is delineated in House Rule X(1)(q):
(q) Committee on Small Business.
(1) Assistance to and protection of small business, including financial aid, regulatory flexibility, and paperwork reduction.
(2) Participation of small-business enterprises in Federal procurement and Government contracts.
The Committee also has a special oversight function, as delineated in House Rule X(3)(l) as follows:
(l) The Committee on Small Business shall study and investigate on a continuing basis the problems of all types of small business.