REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
Summary
The bill amends New York’s Administrative Procedure Act to require a “business burden offset” for any new regulation that creates an administrative cost for a business. When a new rule is proposed, the agency must also identify an existing rule that will be changed or removed to offset that cost, provided public health, safety, or the state’s economy are not jeopardized. The amendment takes effect immediately for all rule proposals filed after its adoption.
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