Prove It Act of 2024

Bill: 118-hr-7198
Sponsor: Rep. Finstad, Brad [R-MN-1]
Introduced: 2024-02-01 in the House
Policy area: Government Operations and Politics
Subjects: Administrative law and regulatory procedures
Administrative remedies
Government information and archives
Small Business Administration
Small business

Summary:
action_date: 2024-02-01
text: 

Prove It Act of 2024

This bill expands the requirements for federal agency rulemaking with respect to small businesses, organizations, and governmental jurisdictions.

Specifically, when conducting an initial regulatory flexibility analysis, agencies must include, where feasible, any reasonably foreseeable potential indirect costs the proposed rule may impose on such small entities.

Further, if an agency certifies that an initial regulatory flexibility analysis is not required because the rule will not have a significant economic impact on a substantial number of small entities, the agency must provide such certification within 10 days to the Office of Advocacy of the Small Business Administration. A small entity or group of small entities may petition the Office of Advocacy to review such certification. The petition must include specified information, such as the issues the petitioner believes should be addressed and a proposed solution to the issues raised.

If the Office of Advocacy ultimately determines, upon a full review of the petition, that the proposed rule would have a significant economic impact on a substantial number of small entities, the agency promulgating the rule must perform an initial and final regulatory flexibility analysis for the rule. Additionally, if the agency does not participate or assist in the full review process, the finalized rule shall not apply to small entities.

The bill also requires agencies to publish, and allow for comments on, all guidance documents with respect to any rule an agency determines is likely to have a significant economic impact on a substantial number of small entities.

action_date: 2024-11-22
text: 

Prove It Act of 2024

This bill expands the requirements for federal agency rulemaking with respect to small businesses, organizations, and governmental jurisdictions.

Specifically, when conducting an initial regulatory flexibility analysis, agencies must include, where feasible, any reasonably foreseeable potential indirect costs the proposed rule may impose on such small entities.

Further, if an agency certifies that an initial regulatory flexibility analysis is not required because the rule will not have a significant economic impact on a substantial number of small entities, the agency must provide such certification within 10 days to the Office of Advocacy of the Small Business Administration. A small entity or group of small entities may petition the Office of Advocacy to review such certification. The petition must include specified information, such as the issues the petitioner believes should be addressed and a proposed solution to the issues raised.

If the Office of Advocacy ultimately determines, upon a full review of the petition, that the proposed rule would have a significant economic impact on a substantial number of small entities, the agency promulgating the rule must perform an initial and final regulatory flexibility analysis for the rule. Additionally, if the agency does not participate or assist in the full review process, the finalized rule shall not apply to small entities.

The bill also requires agencies to publish, and allow for comments on, all guidance documents with respect to any rule an agency determines is likely to have a significant economic impact on a substantial number of small entities.


Legislative actions:
action_date: 2024-12-09
text: Received in the Senate.
action_date: 2024-12-05
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2024-12-05
text: On passage Passed by the Yeas and Nays: 208 - 196 (Roll no. 489). (text of amendment in the nature of a substitute: CR H6379-6380)
action_date: 2024-12-05
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 208 - 196 (Roll no. 489). (text of amendment in the nature of a substitute: CR H6379-6380)
action_date: 2024-12-05
text: On motion to recommit Failed by the Yeas and Nays: 197 - 206 (Roll no. 488).
action_date: 2024-12-05
text: The previous question on the motion to recommit was ordered pursuant to clause 2(b) of rule XIX.
action_date: 2024-12-05
text: Mr. Landsman moved to recommit to the Committee on the Judiciary. (CR H6398)
action_date: 2024-12-05
text: Considered as unfinished business. (consideration: CR H6397-6400)
action_date: 2024-12-05
text: POSTPONED PROCEEDINGS - At the conclusion of debate on the Velazquez amendment No. 1, the Chair put the question on agreeing to the amendment and by voice vote, announced the noes had prevailed. Ms. Velazquez demanded the yeas and nays and the Chair postponed further proceedings until a time to be announced.
action_date: 2024-12-05
text: The previous question was ordered on the amendment and the bill pursuant to the rule.
action_date: 2024-12-05
text: DEBATE - Pursuant to the provisions of H.Res. 1602, the House proceeded with 10 minutes of debate on the Velazquez amendment No.1.
action_date: 2024-12-05
text: DEBATE - The House proceeded with one hour of debate on H.R. 7198.
action_date: 2024-12-05
text: Rule provides for consideration of H.R. 5349 and H.R. 7198. The resolution provides for consideration of H.R. 5349 and H.R. 7198 under a structured rule. Rule provides for one hour of general debate and one motion to recommit on each bill.
action_date: 2024-12-05
text: Considered under the provisions of rule H. Res. 1602. (consideration: CR H6379-6392)
action_date: 2024-12-04
text: Rule H. Res. 1602 passed House.
action_date: 2024-12-03
text: Rules Committee Resolution H. Res. 1602 Reported to House. Rule provides for consideration of H.R. 5349 and H.R. 7198. The resolution provides for consideration of H.R. 5349 and H.R. 7198 under a structured rule. Rule provides for one hour of general debate and one motion to recommit on each bill.
action_date: 2024-11-22
text: Placed on the Union Calendar, Calendar No. 631.
action_date: 2024-11-22
text: Committee on Small Business discharged.
action_date: 2024-11-22
text: Committee on Small Business discharged.
action_date: 2024-11-22
text: Reported (Amended) by the Committee on Judiciary. H. Rept. 118-761, Part I.
action_date: 2024-11-22
text: Reported (Amended) by the Committee on Judiciary. H. Rept. 118-761, Part I.
action_date: 2024-09-10
text: Ordered to be Reported by the Yeas and Nays: 13 - 11.
action_date: 2024-09-10
text: Committee Consideration and Mark-up Session Held
action_date: 2024-03-21
text: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 17 - 10.
action_date: 2024-03-21
text: Committee Consideration and Mark-up Session Held
action_date: 2024-02-01
text: Referred to the Committee on the Judiciary, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2024-02-01
text: Referred to the Committee on the Judiciary, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2024-02-01
text: Introduced in House
action_date: 2024-02-01
text: Introduced in House