Small Business Regulatory Flexibility Improvements Act

Summary

The bill modifies chapter 6 of title 5 of the U.S. Code, strengthening the Regulatory Flexibility Act so that any new federal rule must include a complete assessment of how it will affect small businesses and other small entities. It aims to give those entities clearer insight into regulatory costs and benefits, helping agencies make more balanced decisions. The measure is currently referred to the Senate Committee on Homeland Security and Governmental Affairs.

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