Improving Access to Small Business Information Act

TL;DR (AI)

• This bill amends the Securities Exchange Act of 1934 to exempt actions by the Advocate for Small Business Capital Formation from certain requirements of the Paperwork Reduction Act.
• The bill clarifies that the Advocate's activities are not considered 'collections of information' requiring review by the Office of Management and Budget.
• Despite the exemption, specific sections of the Paperwork Reduction Act, including subsections related to notice and clearance, still apply to the Advocate's actions.