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Enhanced Review of Rule Impacts on Small Businesses

This act aims to ensure that government agencies, including the IRS and Fish and Wildlife Service, conduct a more thorough analysis of how new rules will affect small businesses. This means that before new regulations are implemented, their potential impact on small firms will be assessed, which can help protect jobs and local economies.
Key points
More government agencies, including the IRS and the U.S. Fish and Wildlife Service, will be required to assess the impact of new rules on small businesses.
Before new rules are put in place, agencies must conduct a detailed analysis to ensure they do not harm small entities.
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Additional Information
Print number: 117_S_3730
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2022-03-02