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<bill bill-stage="Referred-in-Senate" dms-id="H01B727045F8A46A5921D6D5F458ACB12" public-private="public" key="G" bill-type="olc" stage-count="1"><metadata xmlns:dc="http://purl.org/dc/elements/1.1/">
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<dc:title>119 HR 3351 : Improving Access to Small Business Information Act</dc:title>
<dc:publisher>U.S. House of Representatives</dc:publisher>
<dc:date>2025-07-22</dc:date>
<dc:format>text/xml</dc:format>
<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
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<distribution-code display="yes">IIB</distribution-code><congress display="yes">119th CONGRESS</congress><session display="yes">1st Session</session><legis-num display="yes">H. R. 3351</legis-num><current-chamber>IN THE SENATE OF THE UNITED STATES</current-chamber><action><action-date date="20250722">July 22, 2025</action-date><action-desc>Received; read twice and referred to the <committee-name committee-id="SSBK00">Committee on Banking, Housing, and Urban Affairs</committee-name></action-desc></action><legis-type>AN ACT</legis-type><official-title display="yes">To amend the Securities Exchange Act of 1934 to specify that actions of the Advocate for Small Business Capital Formation are not a collection of information under the Paperwork Reduction Act.</official-title></form><legis-body id="H196E23D3B4C84382894FF4838FFA262A" style="OLC"><pagebreak></pagebreak><section id="H9341CE9EACA34A7AA920F17DA8BE01C1" section-type="section-one"><enum>1.</enum><header>Short title</header><text display-inline="no-display-inline">This Act may be cited as the <quote><short-title>Improving Access to Small Business Information Act</short-title></quote>. </text></section><section id="H9F6E434829CF4C06B6B0CCB70EDB8DA8"><enum>2.</enum><header>Paperwork Reduction Act requirements exemptions</header><text display-inline="no-display-inline">Section 4(j) of the Securities Exchange Act of 1934 (<external-xref legal-doc="usc" parsable-cite="usc/15/78d">15 U.S.C. 78d(j)</external-xref>) is amended by adding at the end the following:</text><quoted-block style="OLC" id="H03FB6D0368B94B36B0A5E8772BBAF5C4" display-inline="no-display-inline"><paragraph id="HB2F46E81B1C94CC9A2570CAA1D678693"><enum>(10)</enum><header>Preservation of information collection burden review</header><subparagraph id="H46BA0D4C31E249E8818BBFA1B899A0FE"><enum>(A)</enum><header>In general</header><text>Actions taken by the Advocate for Small Business Capital Formation under this subsection shall not be a <quote>collection of information</quote> for purposes of subchapter I of <external-xref legal-doc="usc-chapter" parsable-cite="usc-chapter/44/35">chapter 35</external-xref> of title 44, United States Code (commonly known as the <quote>Paperwork Reduction Act</quote>).</text></subparagraph><subparagraph id="HABD2CE7B1205435EBFE54EE2584E9D40"><enum>(B)</enum><header>Exceptions</header><text display-inline="yes-display-inline">Notwithstanding subparagraph (A), the requirements under subsections (c)(1), (c)(4), and (i) of section 3506 of title 44, United States Code, and section 3507(a)(1)(A) of such title shall apply to actions taken by the Advocate for Small Business Capital Formation under this subsection, except that the Commission shall not be required—</text><clause id="HCB194DD3736846A884AF7216B2671FDD"><enum>(i)</enum><text display-inline="yes-display-inline">to submit a collection of information by the Advocate to the Director of the Office of Management and Budget, as referenced under section 3506(c)(1)(A) of such title;</text></clause><clause id="H5DF6D37B4BA34FAA8B7CD6CDCFF76490"><enum>(ii)</enum><text display-inline="yes-display-inline">to display a control number on a collection of information by the Advocate, as described under section 3506(c)(1)(B)(i) of such title (or to inform a person receiving a collection of information from the Advocate that the collection of information needs to display a control number, as described under section 3506(c)(1)(B)(iii)(V) of such title); or</text></clause><clause id="H4307035A80714813A94CB129B131731B"><enum>(iii)</enum><text display-inline="yes-display-inline">to indicate a collection of information by the Advocate is in accordance with the clearance requirements of section 3507 of such title, as described under section 3506(c)(1)(B)(ii) of such title.</text></clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block></section></legis-body><attestation><attestation-group><attestation-date date="20250721" chamber="House">Passed the House of Representatives July 21, 2025.</attestation-date><attestor display="yes">Kevin F. McCumber,</attestor><role>Clerk.</role></attestation-group></attestation></bill> 

