House · HR 3351 · 119th Congress
Improving Access to Small Business Information Act
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Summary
This bill removes certain federal rules that slow down the SEC's Small Business Advocate office when it gathers information. The office helps small businesses get access to money and funding. Small business owners and the public who share information with this office are most affected.
In Favor
Right now, paperwork rules can delay the Small Business Advocate from quickly collecting useful feedback. Removing these delays lets the office hear from small businesses faster and act on their concerns sooner. Supporters say this makes the office more helpful without removing basic protections for those who share information.
Against
The bill removes OMB oversight and public notice rules that normally apply when a federal office collects information. Those rules require agencies to justify data collection and reduce burden on respondents before gathering feedback. Without these checks, the Advocate's surveys could grow into routine data collection with no formal review ensuring they stay limited and fair.
Additional Considerations
Purpose & Problem
Is the problem real and worth federal action?
This bill removes a set of federal paperwork rules from covering the work of the SEC office that helps small businesses raise money. The office gathers information from the public but would no longer need to follow most of those rules.
Scope & Related Provisions
Does it stay focused, or carry unrelated add-ons?
The provisions stay tied to that core purpose, focusing only on which paperwork rules apply to the small business advocate office.
Who Is Affected
Who benefits, and who bears the cost?
The SEC's small business advocate office faces fewer filing steps under this bill. Members of the public who give information to that office keep some protections, such as being told why their information is collected.
Cost & Funding
Is it affordable and responsibly funded?
The bill does not authorize or appropriate any dollar amount. It removes a set of review and approval steps that the SEC would otherwise follow, shifting some administrative duties away from the agency.
Risks & Implementation
What could go wrong in practice?
The bill keeps some public-notice rules in place but removes others, so the SEC must correctly apply the narrower set of remaining rules each time the office collects information.
For the actual bill text, see congress.gov.
AI-generated · Published 6/5/2026