Congressional Legislation · bill 119hr3351 · built from our database

Only the right has signed this so far (Bill Ranking)

Improving Access to Small Business Information Act

H.R. 3351 · 119th Congress (2025-2026)

H.R. 3351119TH CONGRESSINTRODUCED 05/13/2025REP. KIMR-CA · SPONSORLeft: no (Sponsor Ranking)Lean left: no (Sponsor Ranking)Center: no (Sponsor Ranking)Lean right: DW-NOMINATE +0.26 (Sponsor Ranking)Right: no (Sponsor Ranking)LEAN RIGHT(SPONSOR RANKING)FINANCE AND FINANCIAL SECTOR

4 members · Left 0 · Center 2 · Right 2 (Bill Ranking)

SponsorRep. Kim, Young (R-CA) (Introduced 05/13/2025)
Sponsor Voting RecordLean right · DW-NOMINATE +0.26 · measured from every roll-call vote this member has cast (voteview.com) (Sponsor Ranking)
Support
LLLCLRR

support across the spectrum: 4 members signed on (Bill Ranking) this bill: sponsor + current cosponsors, each once

CommitteesSenate - Banking, Housing, and Urban Affairs Committee; House - Oversight and Government Reform Committee; House - Oversight and Government Reform Committee; House - Financial Services Committee; House - Financial Services Committee; House - Financial Services Committee
Latest Action07/22/2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Roll Call Votes1
Sourceview on congress.gov →
IntroducedPassed HousePassed SenateResolving DifferencesTo PresidentBecame Law

Summary (1)

Introduced in House (05/13/2025)

Improving Access to Small Business Information Act

This bill excludes from the Paperwork Reduction Act actions taken by the Office of the Advocate for Small Business Capital Formation within the Securities and Exchange Commission. Under the Paperwork Reduction Act, agencies must comply with specific procedures when gathering information from the public.

The bill establishes several exceptions. For example, the office must inform the person receiving the collection of information the reasons the information is being collected, as required under current law.

Text (4)

Engrossed in House (EH)

119 HR 3351 EH: Improving Access to Small Business Information Act U.S. House of Representatives text/xml EN 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. I 119th CONGRESS1st Session H. R. 3351

IN THE HOUSE OF REPRESENTATIVES AN ACT 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.

1.Short titleThis Act may be cited as the Improving Access to Small Business Information Act.

2.Paperwork Reduction Act requirements exemptionsSection 4(j) of the Securities Exchange Act of 1934 (15 U.S.C. 78d(j)) is amended by adding at the end the following: (10)Preservation of information collection burden review (A)In generalActions taken by the Advocate for Small Business Capital Formation under this subsection shall not be a collection of information for purposes of subchapter I of chapter 35 of title 44, United States Code (commonly known as the Paperwork Reduction Act). (B)ExceptionsNotwithstanding 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— (i)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; (ii)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 (iii)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.. Passed the House of Representatives July 21, 2025.Kevin F. McCumber,Clerk.

Introduced in House (IH)

119 HR 3351 IH: Improving Access to Small Business Information Act U.S. House of Representatives 2025-05-13 text/xml EN 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. I119th CONGRESS1st SessionH. R. 3351IN THE HOUSE OF REPRESENTATIVESMay 13, 2025Mrs. Kim (for herself and Mr. Gottheimer) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concernedA BILLTo 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.1.Short titleThis Act may be cited as the Improving Access to Small Business Information Act.

2.Exclusion from the Paperwork Reduction ActSection 4(j) of the Securities Exchange Act of 1934 (15 U.S.C. 78d(j)) is amended by adding at the end the following:(10)Exclusion from the Paperwork Reduction Act(A)In generalActions taken by the Advocate for Small Business Capital Formation under this subsection shall not be a collection of information for purposes of subchapter I of chapter 35 of title 44, United States Code (commonly known as the Paperwork Reduction Act).(B)ExceptionsNotwithstanding subparagraph (A) the requirements under subsections (c)(1), (c)(4), and (i) of section 3506 of such title 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—(i)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;(ii)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(iii)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..

Referred in Senate (RFS)

119 HR 3351 : Improving Access to Small Business Information Act U.S. House of Representatives 2025-07-22 text/xml EN 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. IIB119th CONGRESS1st SessionH. R. 3351IN THE SENATE OF THE UNITED STATESJuly 22, 2025Received; read twice and referred to the Committee on Banking, Housing, and Urban AffairsAN ACTTo 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.1.Short titleThis Act may be cited as the Improving Access to Small Business Information Act.

2.Paperwork Reduction Act requirements exemptionsSection 4(j) of the Securities Exchange Act of 1934 (15 U.S.C. 78d(j)) is amended by adding at the end the following:(10)Preservation of information collection burden review(A)In generalActions taken by the Advocate for Small Business Capital Formation under this subsection shall not be a collection of information for purposes of subchapter I of chapter 35 of title 44, United States Code (commonly known as the Paperwork Reduction Act).(B)ExceptionsNotwithstanding 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—(i)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;(ii)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(iii)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..Passed the House of Representatives July 21, 2025.Kevin F. McCumber,Clerk.

Reported in House (RH)

119 HR 3351 RH: Improving Access to Small Business Information Act U.S. House of Representatives 2025-06-03 text/xml EN 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. IBUnion Calendar No. 88119th CONGRESS1st SessionH. R. 3351[Report No. 119–118, Part I]IN THE HOUSE OF REPRESENTATIVESMay 13, 2025Mrs. Kim (for herself and Mr. Gottheimer) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concernedJune 3, 2025Additional sponsor: Mr. SessionsJune 3, 2025Reported from the Committee on Financial Services with an amendmentStrike out all after the enacting clause and insert the part printed in italicJune 3, 2025Committee on Oversight and Government Reform discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printedFor text of introduced bill, see copy of bill as introduced on May 13, 2025A BILLTo 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.1.Short titleThis Act may be cited as the Improving Access to Small Business Information Act.

2.Exclusion from the Paperwork Reduction ActSection 4(j) of the Securities Exchange Act of 1934 (15 U.S.C. 78d(j)) is amended by adding at the end the following:(10)Exclusion from the Paperwork Reduction Act(A)In generalActions taken by the Advocate for Small Business Capital Formation under this subsection shall not be a collection of information for purposes of subchapter I of chapter 35 of title 44, United States Code (commonly known as the Paperwork Reduction Act).(B)ExceptionsNotwithstanding 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—(i)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;(ii)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(iii)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..June 3, 2025Reported from the Committee on Financial Services with an amendmentJune 3, 2025Committee on Oversight and Government Reform discharged; committed to the Committee of the Whole House on the State of the Union and ordered to be printed

The bill's own words, from our database (synced from the GPO BILLS XML); paragraph breaks added at the bill's section boundaries, nothing else changed.

All Actions (20)

DateChamberAll Actions
05/13/2025Library of CongressIntroduced in House
05/13/2025Library of CongressIntroduced in House
05/13/2025House floor actionsReferred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
05/13/2025House floor actionsReferred to the Committee on Financial Services, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
05/20/2025House committee actionsCommittee Consideration and Mark-up Session Held
05/20/2025House committee actionsOrdered to be Reported (Amended) by the Yeas and Nays: 50 - 0.
06/03/2025Library of CongressReported (Amended) by the Committee on Financial Services. H. Rept. 119-118, Part I.
06/03/2025House floor actionsReported (Amended) by the Committee on Financial Services. H. Rept. 119-118, Part I.
06/03/2025Library of CongressCommittee on Oversight and Gov Reform discharged.
06/03/2025House floor actionsCommittee on Oversight and Gov Reform discharged.
06/03/2025House floor actionsPlaced on the Union Calendar, Calendar No. 88.
07/21/2025House floor actionsMr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
07/21/2025House floor actionsConsidered under suspension of the rules. (consideration: CR H3501-3503)
07/21/2025House floor actionsDEBATE - The House proceeded with forty minutes of debate on H.R. 3351.
07/21/2025House floor actionsAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
07/21/2025House floor actionsConsidered as unfinished business. (consideration: CR H3519-3520)
07/21/2025Library of CongressPassed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 387 - 12 (Roll no. 214). (text: CR H3501-3502: 1)
07/21/2025House floor actionsOn motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 387 - 12 (Roll no. 214). (text: CR H3501-3502)
07/21/2025House floor actionsMotion to reconsider laid on the table Agreed to without objection.
07/22/2025SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Titles (7)

Title TypeTitle
Official Titles from EH (Engrossed in House) bill textTo 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.
Short Titles from RFS (Referred to Senate) bill textImproving Access to Small Business Information Act
Display TitleImproving Access to Small Business Information Act
Short Title(s) as Passed HouseImproving Access to Small Business Information Act
Short Title(s) as Reported to HouseImproving Access to Small Business Information Act
Official Title as IntroducedTo 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.
Short Title(s) as IntroducedImproving Access to Small Business Information Act

Amendments (0)

There are no amendments to this bill.

Cosponsors (3)

* = Original cosponsor

Committees (6)

CommitteeActivity
Senate - Banking, Housing, and Urban Affairs Committee07/22/2025 Referred To
House - Oversight and Government Reform Committee06/03/2025 Discharged From
House - Oversight and Government Reform Committee05/13/2025 Referred To
House - Financial Services Committee06/03/2025 Reported By
House - Financial Services Committee05/20/2025 Markup By
House - Financial Services Committee05/13/2025 Referred To

Related Bills (1)

Subjects (3)

Policy Area: Finance and Financial Sector

All data on this page comes from our own database (legislation.congress_* tables), synced daily from the GPO govinfo BILLSTATUS and BILLS collections. Formatted after congress.gov; nothing is generated. Member placement is their DW-NOMINATE score (voteview.com, Lewis et al.) - a measurement of roll-call voting behavior, not our judgement. Buckets: Left below −0.50 · Lean Left to −0.25 · Center to +0.25 · Lean Right to +0.50 · Right above +0.50. The bill's Support meter aggregates the people who signed the bill - sponsor and current cosponsors, each counted once - nothing else.