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United States · Bill · S

S. 2847 (114th)

Prove It Act of 2016

openUnited States· United States Congress· EN

Introduced

25 April 2016

Last action

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Status

By Senator Vitter from Committee on Small Business and Entrepreneurship filed written report under authority of the order of the Senate of 12/10/2016. Report No. 114-420. Minority views filed.

Sponsors

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Subjects

Discovery layer

Source updated

7 April 2025

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Summary

Prove It Act of 2016 This bill authorizes the Chief Counsel of the Small Business Administration (SBA) to request the Office of Information and Regulatory Affairs of the Office of Management and Budget (OMB) to review any federal agency certification that a proposed rule, if promulgated, will not have a significant economic impact on a substantial number of small entities and so need not submit a regulatory flexibility analysis of the rule. The request must explain why the Chief Counsel disagreed with the certification and statement providing the factual basis for it. If it is determined, after a specified procedure, that the proposed rule will, if promulgated, have a significant economic impact on a substantial number of small entities, the federal agency shall then perform both an initial and a final regulatory flexibility analysis for the rule.

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Documents

6 official files

Reported to Senate (text)

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