SMALL BUSINESS ADVISORY ACT

Creates the Small Business Advisory Act. Requires State agencies to create and make available on the World Wide Web a small business advisory page. Requires agencies to post a plain language explanation of proposed and adopted rules and legislation that the agency is designated to administer that affect small businesses on its small business advisory web page. Provides that the explanation must remain posted on the web page for 6 months after the effective date of the rule or legislation. Requires each agency to notify the Department of Commerce and Community Affairs when it updates its small business advisory web page. Requires the Department of Commerce and Community Affairs to serve as a clearinghouse for notifying the small business community of rulemakings and to seek input from the small business community on those rulemakings. Requires the Department of Commerce and Community Affairs to maintain a small business advisory web page that serves as a coordinated point of access to other agencies' small business advisory web pages. Requires State agencies to post plain language versions of advisory opinions and interpretations on their small business advisory web pages.