AN ACT RELATING TO STATE AFFAIRS AND GOVERNMENT -- SMALL BUSINESS REGULATORY FAIRNESS IN ADMINISTRATIVE PROCEDURES-ECONOMIC IMPACT STATEMENTS

Summary

The bill forces state agencies to analyze how proposed regulations will affect small businesses and to share that analysis before the rulemaking process begins. It applies to most new rules, except emergencies and certain heavily regulated industries. The goal is to ensure compliance costs are proportional to business size and to consider less burdensome alternatives.

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