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H.R. 3351

U.S. House•In Senate Committee

Summary

H.R. 3351, the Improving Access to Small Business Information Act, was introduced in the House on May 13, 2025 by Rep. Young Kim (R) with 3 co-sponsors. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Jul 22, 2025: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

H.R. 3351 has 3 co-sponsors and 1 roll call.

hb3351/engrossed-in-house.txt
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 CONGRESS  1st 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 title
This Act may be cited as the   Improving Access to Small Business Information Act  .
2.
Paperwork Reduction Act requirements exemptions
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)
Preservation of information collection burden review
(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 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.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-05-13
  2. Passed House2025-07-21
  3. Passed Senate
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in House May 13, 2025

hb3351/introduced-in-house.md

Shown Here:
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.

Sponsors

Rep. Young Kim (R) sponsors H.R. 3351, and 3 members have co-sponsored it, 1 of them from the day it was introduced.

Committees

H.R. 3351 went before 3 committees: Banking, Housing, and Urban Affairs, Oversight and Government Reform and Financial Services.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Jul 22, 2025 · 465 Bills
Oversight and Government Reform
Oversight and Government Reform
Discharged From · Jun 3, 2025 · 696 Bills
Financial Services
Financial Services
Reported By · Jun 3, 2025 · 559 Bills

Reports

1 committee report has been filed on H.R. 3351, the latest H. Rept. 119-118.

Actions

H.R. 3351 has taken 16 actions since May 13, 2025, the latest on Jul 22, 2025.

ChamberAction
Jul 22, 2025
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Jul 21, 202516:56
House
Mr. Hill (AR) moved to suspend the rules and pass the bill, as amended.
Jul 21, 202516:56
House
Considered under suspension of the rules. (consideration: CR H3501-3503)
Jul 21, 202516:56
House
DEBATE - The House proceeded with forty minutes of debate on H.R. 3351.
Jul 21, 202517:03
House
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.

Votes

H.R. 3351 went to 1 roll call in the House, the latest on Jul 21, 2025 at 387–12.

ChamberQuestion
Yea
Nay
Jul 21, 2025
House
On Motion to Suspend the Rules and Pass, as Amended
387
12

1 bill is related to H.R. 3351.

Titles

H.R. 3351 goes by 7 titles, 4 of them short titles.

  • 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. — Official Titles from EH (Engrossed in House) bill text
  • Improving Access to Small Business Information 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
  • 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. — Official Title as Introduced
  • Improving Access to Small Business Information Act — Short Title(s) as Introduced

Cost estimate

The Congressional Budget Office has filed 1 estimate for H.R. 3351, the latest on Jul 16, 2025.

Lobbying

4 clients hired 4 firms and 142 registered lobbyists who named H.R. 3351 in 14 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Budget/Appropriations, Energy/Nuclear, Taxation/Internal Revenue Code, Transportation, Education, Small Business, Aerospace, Automotive Industry.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.—District of Columbia16—
NATURE CONSERVANCY—Virginia14—
NATIONAL INTERSCHOLASTIC ATHLETIC ADMINISTRATORS ASSOCIATION (NIAAA)member services organizationIndiana12—
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)—Virginia12—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
CHAMBER OF COMMERCE OF THE U.S.A.16—
THE NATURE CONSERVANCY14—
ACTIVE POLICY SOLUTIONS, LLC12—
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)12—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 142.

LobbyistFirmsClientsFilings
ABELARDO TORRES116
ALEXA BRANSON116
ANDREA PORWOLL116
ASHLEY GUM116
BRADLEY WATTS116
BRINCE MANNING116
BROOKE MILLER116
CASSIA CARVALHO116
CHAD WHITEMAN116
CHANTEL SHEAKS116
CHRISTOPHER CRENSHAW116
CHRISTOPHER EYLER116
CHRISTOPHER GUITH116
CHRISTOPHER ROBERTI116
CLARK JACKSON116
DAN BYERS116
ERIN DELANEY116
ESPERANZA JELALIAN116
FOXHALL PARKER116
GARY LITMAN116

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Amendme…
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 first_quarter$19.8M1st Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 second_quarter$19.3M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 fourth_quarter$18M4th Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2026 second_quarter$17M2nd Quarter - Report
CHAMBER OF COMMERCE OF THE U.S.A.CHAMBER OF COMMERCE OF THE U.S.A.2025 third_quarter$13.7M3rd Quarter - Report
NATURE CONSERVANCYTHE NATURE CONSERVANCY2025 fourth_quarter$1.3M4th Quarter - Report
NATURE CONSERVANCYTHE NATURE CONSERVANCY2026 second_quarter$900K2nd Quarter - Report
NATURE CONSERVANCYTHE NATURE CONSERVANCY2025 third_quarter$790K3rd Quarter - Report
NATURE CONSERVANCYTHE NATURE CONSERVANCY2026 first_quarter$640K1st Quarter - Report
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)2025 second_quarter$65K2nd Quarter - Report
SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL (SBE COUNCIL)2025 third_quarter$55K3rd Quarter - Report
NATIONAL INTERSCHOLASTIC ATHLETIC ADMINISTRATORS ASSOCIATION (NIAAA)ACTIVE POLICY SOLUTIONS, LLC2025 second_quarter—2nd Quarter - Report
NATIONAL INTERSCHOLASTIC ATHLETIC ADMINISTRATORS ASSOCIATION (NIAAA)ACTIVE POLICY SOLUTIONS, LLC2025 first_quarter—1st Quarter - Report

Classification

The Congressional Research Service files H.R. 3351 under Finance and Financial Sector, one of its 31 policy areas, and gives it 3 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 3351’s is Finance and Financial Sector.

hr3351/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

H.R. 3351 carries 3 of CRS’s legislative subjects, from Business records to Small business.

hr3351/subjects.txt
Business recordsGovernment information and archivesSmall business

Constitutional authority

The clause the sponsor cites as Congress’s power to enact H.R. 3351, as entered in the Congressional Record.

[Congressional Record Volume 171, Number 80 (Tuesday, May 13, 2025)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. KIM:H.R. 3351.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8, Clause 18[Page H2001]

Source: congress.gov · legiscan.com