Requires the Director of the Office of Management and Budget to: (1) take into account the burden placed on small businesses when approving proposed agency collections of information; (2) publish annually, and make available through the Internet, information regarding all Federal paperwork requirements applicable to small businesses; (3) track requirements for collections of information for which the authorization has expired and publish notice that entities need no longer comply with such requirements; and (4) identify requirements for collections of information for which authorization will soon expire and make efforts to prevent the continuation of collections using such authority.