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Prove It Act of 2023

USA118th CongressS-1411| Senate 
| Updated: 9/18/2024
Joni Ernst

Joni Ernst

Republican Senator

Iowa

Small Business and Entrepreneurship Committee, Homeland Security and Governmental Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Prove It Act of 2023 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.
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Timeline

Bill from Previous Congress

S 116-1339
Prove It Act of 2019

Bill from Previous Congress

S 117-2074
Prove It Act of 2021
May 3, 2023
Introduced in Senate
May 3, 2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jul 26, 2023
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 118-90.
Nov 1, 2023
Committee on Small Business and Entrepreneurship. Hearings held.
Sep 18, 2024
Committee on Small Business and Entrepreneurship. Hearings held.
Dec 17, 2024

Latest Companion Bill Action

HR 118-8957
Referred to the Subcommittee on Trade.
  • Bill from Previous Congress

    S 116-1339
    Prove It Act of 2019


  • Bill from Previous Congress

    S 117-2074
    Prove It Act of 2021


  • May 3, 2023
    Introduced in Senate


  • May 3, 2023
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • July 26, 2023
    Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 118-90.


  • November 1, 2023
    Committee on Small Business and Entrepreneurship. Hearings held.


  • September 18, 2024
    Committee on Small Business and Entrepreneurship. Hearings held.


  • December 17, 2024

    Latest Companion Bill Action

    HR 118-8957
    Referred to the Subcommittee on Trade.

Government Operations and Politics

Related Bills

  • HR 118-7198: Prove It Act of 2024
Administrative law and regulatory proceduresAdministrative remediesGovernment information and archivesSmall businessSmall Business Administration

Prove It Act of 2023

USA118th CongressS-1411| Senate 
| Updated: 9/18/2024
Prove It Act of 2023 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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-1339
Prove It Act of 2019

Bill from Previous Congress

S 117-2074
Prove It Act of 2021
May 3, 2023
Introduced in Senate
May 3, 2023
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jul 26, 2023
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 118-90.
Nov 1, 2023
Committee on Small Business and Entrepreneurship. Hearings held.
Sep 18, 2024
Committee on Small Business and Entrepreneurship. Hearings held.
Dec 17, 2024

Latest Companion Bill Action

HR 118-8957
Referred to the Subcommittee on Trade.
  • Bill from Previous Congress

    S 116-1339
    Prove It Act of 2019


  • Bill from Previous Congress

    S 117-2074
    Prove It Act of 2021


  • May 3, 2023
    Introduced in Senate


  • May 3, 2023
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • July 26, 2023
    Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 118-90.


  • November 1, 2023
    Committee on Small Business and Entrepreneurship. Hearings held.


  • September 18, 2024
    Committee on Small Business and Entrepreneurship. Hearings held.


  • December 17, 2024

    Latest Companion Bill Action

    HR 118-8957
    Referred to the Subcommittee on Trade.
Joni Ernst

Joni Ernst

Republican Senator

Iowa

Small Business and Entrepreneurship Committee, Homeland Security and Governmental Affairs Committee

Government Operations and Politics

Related Bills

  • HR 118-7198: Prove It Act of 2024
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresAdministrative remediesGovernment information and archivesSmall businessSmall Business Administration