HR 3351
Passed a chamber
Exempts actions by the Securities and Exchange Commission's Advocate for Small Business Capital Formation from the Paperwork Reduction Act's definition of a collection of information, while keeping some of that act's requirements in place.
Official title: Improving Access to Small Business Information Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
13-MAY-2025
Referred
13-MAY-2025
Approved by committee
20-MAY-2025
Reported
03-JUN-2025
On the calendar
03-JUN-2025
Passed
21-JUL-2025
Senate
Received
22-JUL-2025
- Amends Section 4(j) of the Securities Exchange Act of 1934 by adding a new paragraph (10).
- Provides that actions taken by the Advocate for Small Business Capital Formation are not a "collection of information" under the Paperwork Reduction Act.
- Keeps specified Paperwork Reduction Act requirements in effect for those actions, but the Commission is not required to submit the collection to OMB, display a control number, or indicate clearance under section 3507.
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (13-MAY-2025); the text has changed since (Engrossed in House, 21-JUL-2025).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Oversight and Government Reform Committee (House)
- Financial Services Committee (House)
- Banking, Housing, and Urban Affairs Committee (Senate)
Finance and Financial Sector
■ 2 R■ 1 D
2 Republicans
1 Democrat