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Get the free Regulatory Impact Statement for the Thirty ... - dfs.ny.gov

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ANDREW M. CUOMOLINDA A. LACEWELLGovernorSuperintendentJune 15, 2019To the Governor and Legislature: As Acting Superintendent of the New York State Department of Financial Services, I am pleased to
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Start by identifying the purpose and scope of the regulatory impact statement.
02
Gather all relevant information and data about the proposed regulatory changes.
03
Assess the potential impacts of the proposed changes on various stakeholders such as businesses, individuals, and the environment.
04
Analyze the costs and benefits associated with the proposed changes.
05
Evaluate any alternatives to the proposed changes.
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Clearly document your findings and support them with evidence.
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Submit the completed regulatory impact statement to the appropriate regulatory authority.

Who needs regulatory impact statement for?

01
Regulatory impact statements are typically required by government agencies and legislative bodies.
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They are needed whenever a proposed regulatory change could have significant economic, social, or environmental impacts.
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These statements help policymakers make informed decisions by providing an analysis of the potential consequences of the proposed changes.
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Regulatory impact statement is used to assess the potential effects of proposed regulations on the economy, environment, and public health and safety.
Government agencies, departments, or organizations proposing new regulations are required to file a regulatory impact statement.
To fill out a regulatory impact statement, one must gather data on the potential impacts of the proposed regulations and analyze them using a standardized methodology.
The purpose of a regulatory impact statement is to inform policymakers and the public about the potential costs and benefits of proposed regulations, helping them make more informed decisions.
A regulatory impact statement must include information on the anticipated economic, environmental, and social impacts of the proposed regulations, as well as any alternatives that were considered.
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