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United States · Bill · S

S. 2074 (117th)

Prove It Act of 2021

referredUnited States· United States Congress· EN

Introduced

16 June 2021

Last action

16 June 2021 · Introduced

Status

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Sponsors

Sen. Ernst, Joni [R-IA]

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Prove It Act of 20 21 This bill authorizes the Small Business Administration (SBA) to request a review of any federal agency certification that a proposed rule will not have a significant economic impact on a substantial number of small entities. The request must explain why the SBA disagreed with the certification and provide a factual basis for the statement. If it is determined, after agency review and reconsideration, that the proposed rule will have a significant economic impact on a substantial number of small entities, the agency shall then perform an initial regulatory flexibility analysis for the rule. An initial regulatory flexibility analysis is prepared to ensure the agency has considered all reasonable regulatory alternatives that would minimize the rule's economic burdens or increase its benefits for the affected small entities, while achieving the objectives of the rule or statute.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 16 June 2021

    Introduced

    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

    Source: IntroReferral

  2. 16 June 2021

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 16 June 2021

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 16 June 2021

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 16 June 2021

    Open at official source

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Sponsors

Related records

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.