Washington, DC – Today, the House passed the Improving Access to Small Business Information Act (H.R. 1548), a bipartisan bill led by U.S. Representatives Young Kim (CA-40) and Josh Gottheimer (NJ-05) to reduce red tape and streamline the process to gather timely information at the Securities and Exchanges Commission (SEC) Office of the Advocate for Small Business Capital Formation.
“As small businesses face unprecedented challenges, our government’s ability to keep in step with the 21st century and gather timely and effective data is vital for supporting entrepreneurs,” said Congresswoman Kim. “The Improving Access to Small Business Information Act simply streamlines the SEC’s process for collecting information from the public, such as when conducting field surveys. This small change can hopefully make a big difference in ensuring the government can access better information on challenges facing small businesses without having to go through unnecessary regulatory hurdles. The better information we can gather, the better we can help the public identify policy gaps and help small businesses in the process.”
“Small businesses are the backbone of our communities in Jersey which is why I’m proud to help lead the bipartisan Improving Access to Small Business Information Act to help the federal government better understand how to support small business owners from all backgrounds,” said Congressman Gottheimer. “In Congress, I’m dedicated to working across the aisle to lower taxes, cut outdated and unnecessarily burdensome red tape, improve access to capital for small businesses, unleash more economic opportunity, and create jobs.”
Rep. Kim spoke on the floor in support of H.R. 1548. Watch HERE.
