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H.R. 3351: Improving Access to Small Business Information Act

119th Congress · introduced 2025-05-13 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

What does this mean?

Official title

Improving Access to Small Business Information Act

Plain summary

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.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Improving Access to Small Business Information Act

Source: Congressional Research Service summary (Introduced in House)

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Officials and money

Sponsor: Rep. Kim, Young [R-CA-40] · 3 cosponsors

Money: CBO cost estimate: H.R. 3351, Improving Access to Small Business Information Act (2025-07-16) No linked contracts or vendors yet.

Recorded votes

Words on this page, explained (2)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong119-hr3351 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills