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Regulatory Flexibility Analysis and Impact Statement Form For Proposed New and Amended Regulations Affecting Small Businesses or Individuals Introduction Beginning January 1, 2016, agencies submitting
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Regulatory flexibility analysis is the process of evaluating the impact of regulations on small entities.
Federal agencies are required to file regulatory flexibility analysis for rules that may have a significant economic impact on a substantial number of small entities.
One can fill out regulatory flexibility analysis by evaluating the potential impacts of the proposed regulations on small entities and proposing alternatives to minimize those impacts.
The purpose of regulatory flexibility analysis is to ensure that regulations do not disproportionately burden small entities and to explore ways to minimize the regulatory burden.
Regulatory flexibility analysis must include a description of the impact of the proposed rules on small entities, alternatives that would minimize the impact, and steps taken to solicit input from small entities.
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