DUMP Red Tape Act

This Act may be cited as the Destroying Unnecessary, Misaligned, and Prohibitive Red Tape Act or the DUMP Red Tape Act.
Section 203 of Public Law 94–305 (15 U.S.C. 634c) is amended by adding at the end the following:
In this subsection—
the term agency has the meaning given such term in section 551 of title 5, United States Code; and
the terms rule and small entity have the meanings given such terms, respectively, in section 601 of such title.
Not later than 180 days after the date of enactment of this Act, the Chief Counsel for Advocacy shall—
establish, operate, and maintain a hotline, to be known as the Red Tape Hotline, to receive notifications from small entities relating to the burden of complying with a rule, guidance, policy statement, or other activity of an agency that is applicable to such concern;
establish an email address, submission form, phone number, or such other method as determined appropriate by the Chief Counsel for small entities to submit such notifications to such hotline; and
establish a website providing such email address, submission form, phone number, or other method in a manner that is easily accessible.
Not later than 1 year after the date of enactment of the DUMP Red Tape Act, and annually thereafter, the Chief Counsel for Advocacy shall submit to the Administrator of the Small Business Administration and Congress a report on the Red Tape Hotline that includes—
the rules, guidance, policy statements, and other activities for which notifications are most frequently received, including the affected industry sectors for such rules, guidance, policy statements, or other activities (as applicable);
a summary of the notifications received, including the type of small entity or other organization that submitted the notification and the geographic area and industry category from which the notification was sent;
an identification of the agency that issued each such rule, guidance, or policy statement, or engaged in such other activity, including an identification of which such rule, guidance, or policy statement such agency issued or an explanation of which such other activity the agency engaged in, as applicable;
recommendations for each agency that issued such rule, guidance, or policy statement, or engaged in such other activity, for reducing the burden of such rule, guidance, policy statement, or other activity on small entities; and
a summary of actions taken by the Chief Counsel to address such rules, guidance, policy statements, and other activities, including any such rules, guidance, policy statements, or other activities (as applicable) for which the Chief Counsel submitted comments or analysis.