SBA Information Collection Open for 30-Day Public Comment Period
AI-generated summary for informational purposes only. Not legal advice. See the original source for the authoritative text.
The U.S. Small Business Administration (SBA) has published a notice announcing its intent to submit an information collection request to the Office of Management and Budget (OMB) for review and clearance under the Paperwork Reduction Act of 1995. This is a standard procedural step required before any federal agency can collect information from the public. The public is granted an additional 30-day window, starting from the date of publication (April 1, 2026), to submit comments regarding the proposed information collection. Comments may address the necessity, practical utility, accuracy of burden estimates, or ways to minimize the burden on respondents. This notice is part of the mandatory two-step public comment process under the Paperwork Reduction Act, which aims to reduce unnecessary paperwork burdens on individuals and businesses interacting with the federal government. Once the comment period closes and OMB completes its review, the SBA may proceed with the information collection as approved. Small businesses and other stakeholders are encouraged to participate during this window to influence how the collection is structured.
AI-generated summary. May contain errors. Refer to official sources for legal decisions.
Key Changes
- SBA intends to submit an information collection request to OMB on or after April 1, 2026
- 30-day public comment window opens from the date of publication (April 1, 2026)
- Comments must address the proposed information collection's necessity, utility, or burden
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Obligations
What this law requires
Submit information collection request to the Office of Management and Budget (OMB) for review and clearance under the Paperwork Reduction Act of 1995
Publish public notice announcing intent to submit information collection request to OMB before submission
Provide a minimum 30-day public comment period starting from the date of notice publication (April 1, 2026) for interested parties to submit comments on the proposed information collection
Accept and consider public comments addressing the necessity, practical utility, accuracy of burden estimates, and ways to minimize burden on respondents
Wait for OMB review and clearance to be completed before proceeding with the information collection