Only the right has signed this so far (Bill Ranking)
H.R. 3351 · 119th Congress (2025-2026)
4 members · Left 0 · Center 2 · Right 2 (Bill Ranking)
| Sponsor | Rep. Kim, Young (R-CA) (Introduced 05/13/2025) |
|---|---|
| Sponsor Voting Record | Lean 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 |
| Committees | Senate - 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 Action | 07/22/2025 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Roll Call Votes | 1 |
| Source | view on congress.gov → |
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.
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.
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..
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.
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.
| Date | Chamber | All Actions |
|---|---|---|
| 05/13/2025 | Library of Congress | Introduced in House |
| 05/13/2025 | Library of Congress | Introduced in House |
| 05/13/2025 | House floor actions | 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 concerned. |
| 05/13/2025 | House floor actions | 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 concerned. |
| 05/20/2025 | House committee actions | Committee Consideration and Mark-up Session Held |
| 05/20/2025 | House committee actions | Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 0. |
| 06/03/2025 | Library of Congress | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-118, Part I. |
| 06/03/2025 | House floor actions | Reported (Amended) by the Committee on Financial Services. H. Rept. 119-118, Part I. |
| 06/03/2025 | Library of Congress | Committee on Oversight and Gov Reform discharged. |
| 06/03/2025 | House floor actions | Committee on Oversight and Gov Reform discharged. |
| 06/03/2025 | House floor actions | Placed on the Union Calendar, Calendar No. 88. |
| 07/21/2025 | House floor actions | Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended. |
| 07/21/2025 | House floor actions | Considered under suspension of the rules. (consideration: CR H3501-3503) |
| 07/21/2025 | House floor actions | DEBATE - The House proceeded with forty minutes of debate on H.R. 3351. |
| 07/21/2025 | House floor actions | At 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. |
| 07/21/2025 | House floor actions | Considered as unfinished business. (consideration: CR H3519-3520) |
| 07/21/2025 | Library of Congress | Passed/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) |
| 07/21/2025 | House floor actions | 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) |
| 07/21/2025 | House floor actions | Motion to reconsider laid on the table Agreed to without objection. |
| 07/22/2025 | Senate | Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Title Type | Title |
|---|---|
| Official Titles from EH (Engrossed in House) bill text | 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. |
| Short Titles from RFS (Referred to Senate) bill text | Improving Access to Small Business Information Act |
| Display Title | Improving Access to Small Business Information Act |
| Short Title(s) as Passed House | Improving Access to Small Business Information Act |
| Short Title(s) as Reported to House | Improving Access to Small Business Information Act |
| Official Title as Introduced | 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. |
| Short Title(s) as Introduced | Improving Access to Small Business Information Act |
There are no amendments to this bill.
* = Original cosponsor
| Committee | Activity |
|---|---|
| Senate - Banking, Housing, and Urban Affairs Committee | 07/22/2025 Referred To |
| House - Oversight and Government Reform Committee | 06/03/2025 Discharged From |
| House - Oversight and Government Reform Committee | 05/13/2025 Referred To |
| House - Financial Services Committee | 06/03/2025 Reported By |
| House - Financial Services Committee | 05/20/2025 Markup By |
| House - Financial Services Committee | 05/13/2025 Referred To |
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.