Improving Access to Small Business Information Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill exempts certain information-gathering actions by the SEC Advocate for Small Business Capital Formation from most Paperwork Reduction Act requirements while retaining a narrower set of internal review obligations.
Who Benefits and How
The SEC's small business advocate and the small businesses it consults could benefit from faster and less burdensome information collection and outreach.
Who Bears the Burden and How
The change reduces some procedural safeguards tied to OMB review of information collections, even though certain internal review requirements remain.
Key Provisions
- Exempts the SEC Advocate for Small Business Capital Formation from most Paperwork Reduction Act requirements when gathering information.
- Preserves some internal review duties while removing OMB submission and control-number requirements.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
This bill exempts certain information-gathering actions by the SEC Advocate for Small Business Capital Formation from most Paperwork Reduction Act requirements while retaining a narrower set of internal review obligations.
Key Policy Areas
Finance, Small Business
Primary Purpose
This bill exempts certain information-gathering actions by the SEC Advocate for Small Business Capital Formation from most Paperwork Reduction Act requirements while retaining a narrower set of internal review obligations.
Policy Domains
Main Provisions
Identified Gains
Contextual inference, no direct clause citation- The SEC Advocate for Small Business Capital Formation and the small businesses it engages
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- Paperwork Reduction Act oversight processes that would no longer apply in full to the advocate's information collection
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
In CommitteeMrs. Britt (for herself and Ms. Cortez Masto) introduced the …
Read twice and referred to the Committee on Banking, Housing, …
Introduced in Senate
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
SEC Advocate for Small Business Capital Formation staff gathering information from small businesses
Small businesses responding to SEC outreach and information requests
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology