Summary

Creates a "Red Tape Hotline" at the Small Business Administration's Office of the Chief Counsel for Advocacy to collect complaints from small entities about burdens from federal agency rules, guidance, policy statements, or activities. The Chief Counsel must set up multiple contact methods and a public website within 180 days, and provide an initial report to the SBA Administrator and Congress within one year, followed by annual reports summarizing notifications, affected sectors/geographies, issuing agencies/instruments, recommendations to reduce burdens, and actions taken.

• Establishes a "Red Tape Hotline" in the SBA's Office of the Chief Counsel for Advocacy for small entities to report burdens from federal rules and agency activities.
• Requires the Chief Counsel to create multiple contact methods and a public website within 180 days of enactment.
• Mandates an initial report to the SBA Administrator and Congress within one year and annual reports thereafter.
• Reports must summarize notifications, affected industries/geographies, issuing agencies/instruments, recommendations, and actions taken.
• Uses existing legal definitions for "agency," "rule," and "small entity" by referencing 5 U.S.C. §§551 and 601.
• Creates an intake, analysis, and advocacy mechanism but does not compel other agencies to change rules.
• Does not specify funding or appropriate funds to carry out the new hotline and reporting duties.