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B1Regulatory Impact Analysis Proposed Amendments and Rule Readoption 15A NCAA 13B Section .0800 Sept age ManagementPrepared by Jessica Monte NC Division of Waste Management Solid Waste Section (919)
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01
Start by reviewing the proposed regulatory changes and understanding their potential impacts on various stakeholders.
02
Collect necessary data and information related to the proposed changes, such as economic indicators, market trends, and social implications.
03
Identify the affected sectors and parties, including businesses, consumers, and government agencies.
04
Analyze the potential costs and benefits associated with the proposed regulatory changes.
05
Evaluate the potential risks and uncertainties involved, considering both direct and indirect impacts.
06
Quantify the potential economic, environmental, and social impacts using appropriate analytical tools and methodologies.
07
Consider potential alternatives and assess their comparative impacts.
08
Prepare a comprehensive report summarizing the findings and conclusions of the regulatory impact analysis.
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Present the analysis to relevant stakeholders, such as decision-makers, industry experts, and the public.
10
Seek feedback and input from stakeholders to ensure the analysis captures a comprehensive understanding of the potential impacts.
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Revise and update the analysis as needed based on the feedback received.
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Incorporate the findings of the regulatory impact analysis into the decision-making process and use them to inform the formulation or revision of regulations.

Who needs regulatory impact analysis proposed?

01
Regulatory impact analysis is needed by government agencies and policymakers responsible for proposing and implementing regulations.
02
It is also important for businesses and industries that may be directly affected by the proposed regulatory changes.
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Consumers and advocacy groups can benefit from regulatory impact analysis as it helps them understand the potential consequences of the proposed regulations.
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Economic researchers and analysts may also use the analysis to assess the potential economic impacts and predict market responses.
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Regulatory Impact Analysis (RIA) is a systematic approach to critically assessing the positive and negative effects of proposed regulations, including their economic, social, and environmental impacts.
Typically, federal agencies and state regulatory bodies that implement new regulations or amend existing ones are required to file a Regulatory Impact Analysis.
To fill out a Regulatory Impact Analysis, stakeholders must provide detailed information including the problem being addressed, the objectives of the regulation, various alternatives considered, anticipated costs and benefits, and stakeholder impacts.
The purpose of a Regulatory Impact Analysis is to ensure informed decision-making by evaluating the potential consequences of regulatory actions before they are implemented.
The RIA must report information including the rationale for the regulation, the expected costs and benefits, the distribution of these impacts, and how the regulation aligns with statutory requirements.
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