The Small Business Administration (SBA) is planning to request approval from the Office of Management and Budget (OMB) to collect information necessary for determining small business size. This request is in compliance with the Paperwork Reduction Act, which requires such notices to be published and allows for 60 days of public comments. SBA seeks feedback on whether the information collection is necessary, the accuracy of burden estimates, ways to minimize this burden, and how to improve information quality and clarity. Interested parties can submit comments until March 25, 2025, to Donna Fudge at donna.fudge@sba.gov.
Simple Explanation
The Small Business Administration wants to check with people about their plan to gather information on how big businesses are, and they are asking for thoughts and ideas for 60 days until March 25, 2025. People can send their suggestions to Donna Fudge by email, but it's not completely clear what exactly they should talk about or how those ideas will be used.