Bill 119 HR 832, also known as the "Office of Advocacy Enhancement Act of 2021," aims to clarify and strengthen the primary functions and duties of the Office of Advocacy within the Small Business Administration (SBA). The Office of Advocacy is responsible for representing the interests of small businesses in the federal regulatory process.
The bill outlines specific responsibilities for the Office of Advocacy, including conducting economic research on the impact of federal regulations on small businesses, advocating on behalf of small businesses during the rulemaking process, and providing assistance to small businesses in understanding and complying with federal regulations.
Additionally, the bill requires the Office of Advocacy to submit an annual report to Congress detailing its activities and accomplishments, as well as any recommendations for improving the regulatory environment for small businesses.
Overall, Bill 119 HR 832 seeks to enhance the effectiveness of the Office of Advocacy in advocating for the interests of small businesses and ensuring that they are not unduly burdened by federal regulations.