Katie Britt (R-AL)
Improving Access to Small Business Information Act
A Republican bill with 1 Democratic cosponsor · See the cosponsor
Last activity — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, titled the "Improving Access to Small Business Information Act," seeks to amend the Securities Exchange Act of 1934. It specifically addresses the Paperwork Reduction Act requirements regarding the Advocate for Small Business Capital Formation. The legislation proposes that the actions taken by this Advocate should not be classified as a "collection of information." This change would exempt certain processes from specific oversight and display requirements found in the Paperwork Reduction Act.
Yes
- Scored +4
Would business owners be better off under this?
Business owners may benefit from reduced paperwork and more streamlined interactions with the Advocate for Small Business Capital Formation.
- Scored +4
Does this make it easier to run a small business?
The bill reduces administrative burdens and oversight requirements for the Advocate for Small Business Capital Formation, potentially streamlining information processes for small businesses.
The opposite
- Scored -3
Does this make what the government does easier for the public to see?
The bill reduces transparency by exempting the Advocate's information collections from standard Office of Management and Budget review and display requirements.
Who it would affect, and how
Potential Positive Impacts for People
-
Reduced Administrative Burdens: By specifying that the Advocate's actions are not a "collection of information," the bill removes the requirement for the Commission to submit information collections to the Office of Management and Budget (Section 2, subparagraph (B)(i)).
-
Streamlined Information Processes: The bill eliminates the need to display a control number on information collected by the Advocate or to inform people that a control number is required (Section 2, subparagraph (B)(ii)).
-
Simplified Compliance: The legislation removes the requirement to indicate that a collection of information by the Advocate is in accordance with certain clearance requirements (Section 2, subparagraph (B)(iii)).
Potential Negative Impacts for People
- Reduced Oversight: The bill establishes that the actions taken by the Advocate for Small Business Capital Formation shall not be considered a "collection of information" under the Paperwork Reduction Act (Section 2, subparagraph (A)), which bypasses certain standard review processes.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would business owners be better off under this? — Business owners may benefit from reduced paperwork and more streamlined interactions with the Advocate for Small Business Capital Formation.
- Economy And Finance
- Does this make it easier to run a small business? — The bill reduces administrative burdens and oversight requirements for the Advocate for Small Business Capital Formation, potentially streamlining information processes for small businesses.
- Governance And Ideology
- Does this make what the government does easier for the public to see? — The bill reduces transparency by exempting the Advocate's information collections from standard Office of Management and Budget review and display requirements.
- 12/10/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Catherine Cortez MastoDemocrat · Nevada