Proper Consideration of Small Entities in Agency Rulemaking
Headline: Requires Agencies to Consider Small Businesses in Rulemaking
What it does: Agencies must establish written procedures to assess and address draft rules' impacts on small businesses, small governmental jurisdictions, and small organizations.
- Requires agencies to adopt written procedures to evaluate impacts on small entities.
- Obliges agencies to notify and consider comments from the Small Business advocacy office.
- Mandates annual reporting by the advocacy office to the Office of Management and Budget on compliance.
Summary
This order requires federal agencies to create procedures to identify and take into account how proposed rules affect small businesses, small governmental jurisdictions, and small organizations.
It directs the Small Business Administration's advocacy office to advise agencies, provide training, and comment on draft rules, and it requires agencies to notify and consider that office's comments.
The goal is to reduce unintended burdens on small entities and to promote compliance with the Regulatory Flexibility Act.
Ask about this order
Ask questions about this executive order and its implications.
What agencies are affected by this order?
How does this order change existing policy?
What are the practical implications of this order?