Prove It Act of 2016

Bill: 114-s-2847
Sponsor: Sen. Ernst, Joni [R-IA]
Introduced: 2016-04-25 in the Senate
Policy area: Commerce
Subjects: Administrative law and regulatory procedures
Economic performance and conditions
Government information and archives
Office of Management and Budget (OMB)
Small Business Administration
Small business

Summary:
action_date: 2016-04-25
text: 

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.
action_date: 2016-05-24
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 

Prove It Act of 2016

 
(Sec. 2) 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 for a review must: 
 
 
be published in the Federal Register and on the website of the SBA Office of Advocacy,
 
include any documentation or comments the Chief Counsel furnished or made during the notice and comment period for the proposed rule, and 
 
 explain why the Chief Counsel disagreed with the certification and statement providing the factual basis for it.
 
 
Within 10 days after the request for review is published in the Federal Register, the federal agency in question shall submit to the SBA a response to the request and publish it in the Federal Register and on the agency website.
 
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.


Legislative actions:
action_date: 2016-12-20
text: 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.
action_date: 2016-12-20
text: 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.
action_date: 2016-05-24
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 484.
action_date: 2016-05-24
text: Committee on Small Business and Entrepreneurship. Reported by Senator Vitter without amendment. Without written report.
action_date: 2016-05-24
text: Committee on Small Business and Entrepreneurship. Reported by Senator Vitter without amendment. Without written report.
action_date: 2016-05-11
text: Committee on Small Business and Entrepreneurship. Ordered to be reported without amendment favorably.
action_date: 2016-04-27
text: Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 114-637.
action_date: 2016-04-25
text: Read twice and referred to the Committee on Small Business and Entrepreneurship.
action_date: 2016-04-25
text: Introduced in Senate