HR. 3382In Committee
Small Entity Update Act
Requires the SEC to review and update its small entity definition and rules to reduce burdens on small businesses
Plain-English overview
What this bill does
Requires the SEC to review and update its small entity definition and rules to reduce burdens on small businesses
Key points
- Amend small entity definition
- Require SEC study
- Require recommendations to Congress
- Require inflation adjustments
Current status
Where it stands
Status
In Committee
Latest action
2025-07-22 — Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Related context
Topics and policy areas
undefinedAdministrative law and regulatory proceduresCongressional oversightFinance and Financial SectorGovernment studies and investigationsSecurities and Exchange Commission (SEC)Small business