119-HR3351

Bill is currently in: House
Path to Law
House Senate President

119th CONGRESS

1st Session

H. R. 3351

1. Short title
2. Exclusion from the Paperwork Reduction Act

1. Short title

This Act may be cited as the "Improving Access to Small Business Information Act".

2. Exclusion from the Paperwork Reduction Act

Section 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 general - Actions 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) Exceptions - Notwithstanding 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.