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H 3021·SC·house

Small Business Regulatory Freedom Act

Signed into LawFiled Dec 5, 2024
Sponsor: Jeff Bradley (R)
Latest Action

Act No. 251

Jul 1, 2026

Summary

The Small Business Regulatory Freedom Act forces agencies to assess the economic impact of new rules, propose removing two existing regulations for each new one, and target a 25% reduction in overall regulatory requirements. It applies to all state agencies that promulgate regulations and to the small businesses that must comply with them, aiming to make the rule‑making process more transparent and less costly.

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