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US. GOVERNMENT
INFORMATION
GPO
119TH CONGRESS REPT. 119-118
1st Session HOUSE OF REPRESENTATIVES Part 1
IMPROVING ACCESS TO SMALL BUSINESS INFORMATION
ACT
JUNE 3, 2025.-Committed to the Committee of the Whole House on the State of
the Union and ordered to be printed
Mr. HILL of Arkansas, from the Committee on Financial Services,
submitted the following
REPORT
[To accompany H.R. 3351]
The Committee on Financial Services, to whom was referred the
bill (H.R. 3351) to amend the Securities Exchange Act of 1934 to
specify that actions of the Advocate for Small Business Capital For-
mation are not a collection of information under the Paperwork Re-
duction Act, having considered the same, reports favorably thereon
with an amendment and recommends that the bill as amended do
pass.
CONTENTS
Page
Purpose and Sum m ary ............................................................................................ 2
Background and Need for Legislation .................................................................... 2
Com m ittee Consideration ........................................................................................ 3
R elated H earings ..................................................................................................... 3
C om m ittee V otes ..................................................................................................... 4
Com m ittee Oversight Findings ............................................................................... 6
Perform ance Goals and Objectives ......................................................................... 6
Com m ittee Cost Estim ate ....................................................................................... 6
New Budget Authority and CBO Cost Estimate ................................................... 6
Unfunded M andates Statem ent .............................................................................. 6
E arm ark Statem ent ................................................................................................. 6
Federal Advisory Committee Act Statement ......................................................... 6
Applicability to the Legislative Branch ................................................................. 7
Duplication of Federal Program s ............................................................................ 7
Section-by-Section Analysis of the Legislation ...................................................... 7
Changes in Existing Law Made by the Bill, as Reported ................. 7
C om m ittee Letters ................................................................................................... 17
The amendment is as follows:
Strike all after the enacting clause and insert the following:
59-006](ViewImageLocal?handle=hein.congrecreports/crptxahiq0001&div=1&collection=&method=preview&ext=.png&size=3)