Fast-track passage of the “Improving Access to Small Business Information Act” (HR 3351)

The bill

Improving Access to Small Business Information Act

Topic: Finance and Financial Sector

What the bill does

This bill excludes from the Paperwork Reduction Act actions taken by the Office of the Advocate for Small Business Capital Formation within the Securities and Exchange Commission. Under the Paperwork Reduction Act, agencies must comply with specific procedures when gathering information from the public. The bill establishes several exceptions. For example, the office must inform the person receiving the collection of information the reasons the information is being collected, as required under current law.

Source: Congressional Research Service summary

Bill on congress.gov(opens in a new tab)