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SOS APA Form 003 Rev. 6/12 ECONOMIC IMPACT STATEMENT An Economic Impact Statement is required for this proposed rule by Section 25433.105 of the Administrative Procedures Act. An Agency is encouraged
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First, gather all the necessary information and data related to the economic impact statement.
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Next, carefully review the instructions provided for filling out the form.
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Start by entering your personal or business information, as required.
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Proceed to provide accurate and detailed information about your economic activities, such as revenue, expenses, and employment figures.
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Make sure to include any supporting documentation or attachments that may be required.
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Who needs 1 economic impact statement?

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Companies and businesses that are required by law or regulation to report their economic impact.
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Government agencies and organizations that use economic impact statements for policy-making, planning, or research purposes.
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Non-profit organizations and educational institutions that need to assess the economic effects of their activities.
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Individuals or consultants conducting economic impact studies or analysis.
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Potential investors or lenders who require an understanding of the economic implications of an enterprise.
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1 economic impact statement is a document that outlines the potential effects of a proposed business activity on the economy.
Businesses or organizations initiating a new project or business activity that may have significant economic effects are required to file an economic impact statement.
To fill out an economic impact statement, businesses need to provide detailed information about the proposed project, its potential economic impact, and any mitigation measures to address negative effects.
The purpose of an economic impact statement is to inform stakeholders, policymakers, and the public about the potential economic consequences of a proposed business activity.
Information such as projected revenues, job creation or loss, impact on local businesses, and potential environmental effects must be reported on an economic impact statement.
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