Modifies scope of New Jersey Regulatory Flexibility Act related to economic impact of rules on small businesses and small local government units.

Summary

The bill changes the New Jersey Regulatory Flexibility Act so that state agencies must look at how new rules will affect small businesses and small local government units. By adding this economic impact review, the measure seeks to protect these smaller entities from costly regulatory burdens. It aims to make rulemaking more considerate of the financial realities of the state's smallest economic players.

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