What does Preamble of Prove It Act do?

This bill is formally titled 'To amend title 5, United States Code, to require greater transparency for Federal regulatory decisions that impact small businesses, and for other purposes.' The bill was introduced in the House of Representatives on February 10, 2025, and referred to the Committee on the Judiciary and the Committee on Small Business. The bill was reported from the Committee on Small Business with an amendment on May 21, 2025, and from the Committee on the Judiciary with an amendment on May 4, 2026. Multiple Representatives sponsored the bill, with additional sponsors added on May 4, 2026.

What does SHORT TITLE. of Prove It Act do?

This bill is formally titled the 'Prove It Act'.

What does INITIAL REGULATORY FLEXIBILITY ANALYSIS. of Prove It Act do?

This section amends Chapter 6 of title 5, United States Code, related to regulatory flexibility analysis. It modifies section 603(b) to require consideration of reasonably foreseeable potential indirect costs on small entities, including those who purchase or sell products/services to entities regulated by the rule. It shortens the timeframe for agency certification under section 605(b) to 10 days. It establishes a new section 605A outlining procedures for reviewing agency certifications regarding the potential economic impact on small entities. Small entities can petition the Chief Counsel for Advocacy of the Small Business Administration to review certifications stating a proposed rule will not significantly impact small entities. The Chief Counsel will conduct a prima facie review of petitions and may conduct a full review, including a meeting with the petitioner, agency representatives, and the Administrator of the Office of Information and Regulatory Affairs. If the Chief Counsel determines a rule will significantly impact small entities after a full review, the agency must perform an initial and final regulatory flexibility analysis. Failure by an agency to cooperate with the review process may result in the final rule not applying to small entities.

What does PUBLICATION OF GUIDANCE. of Prove It Act do?

This section amends Section 609 of title 5, United States Code Agencies must publish guidance documents for rules with significant economic impact on small entities Documents will be published on regulations.gov or a similar website

What does REVIEW PROCEDURES FOR SECTION 610 PERIODIC REVIEW OF RULES. of Prove It Act do?

This section amends Section 610 of title 5, United States Code, regarding periodic review of rules. The amendment modifies factors considered in the review process, adding consideration of indirect costs. It establishes a procedure if an agency fails to conduct a required review within a 10-year period. If an agency fails to review a rule, the Small Business Administration's Chief Counsel for Advocacy will notify the agency, and the agency must publish a notice and solicit comments. If the agency determines reinstatement is warranted after comment review, it has 180 days to complete the review. Upon completion of the review, the rule is reinstated without needing to follow standard rulemaking procedures. The amendment applies to final rules issued within the 5 years preceding the Act's enactment, and to rules issued on or after the enactment date.

What does NO ADDITIONAL FUNDS. of Prove It Act do?

This Act amends title 5, United States Code, for greater transparency in Federal regulatory decisions No additional funds are authorized for carrying out this Act or its amendments The bill aims to impact small businesses and other purposes

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Prove It Act

Last updated: 5/4/2026 · Introduced: 2/10/2025

Author: Brad Finstad (R-MN)

TL;DR (AI)

The bill requires federal agencies to consider indirect costs on small entities when making regulatory decisions and to certify the potential economic impact of proposed rules within a shortened timeframe of 10 days.
Agencies must publish guidance documents for rules with significant economic impact on small entities, making them available on regulations.gov or a similar website.
The bill establishes review procedures for periodic review of rules, including consideration of indirect costs, and allows the Small Business Administration's Chief Counsel for Advocacy to intervene if an agency fails to conduct a required review within a 10-year period.

119th Congressin committeeS. 495(In Committee)Official page

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Other Sections

Includes provisions on preamble, short title., and 4 more.

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