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Requiring Labor Department to Analyze Impact of New Rules on Small Businesses.

This law mandates that the Department of Labor must formally analyze the impact of any new regulations (such as those concerning wages or safety) on small businesses. The goal is to reduce administrative burdens and compliance costs for small entities before new rules are finalized. This change supports the stability of small employers.
Key points
The Department of Labor is now required to formally assess the impact of new rules on small businesses and other small entities.
The change aims to limit unnecessary costs and bureaucracy imposed on small enterprises by federal labor regulations.
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Additional Information
Print number: 118_HR_9033
Sponsor: Rep. Bean, Aaron [R-FL-4]
Process start date: 2024-07-15