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Minutes and agenda for the Small Business Regulatory Review Board meeting held on October 17, 2024, covering discussions on proposed legislative matters, updates on advocacy activities, small business impact statements, and public participation in the regulatory review process.
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Small business regulatory review is a process that evaluates the impact of proposed regulations on small businesses, ensuring that their needs and concerns are considered in decision-making.
Entities that are proposing regulations that may significantly affect small businesses are required to file a small business regulatory review.
To fill out a small business regulatory review, follow the specific guidelines provided by the regulatory body, including gathering necessary data on business impact, completing the required forms, and submitting them by the designated deadline.
The purpose of small business regulatory review is to assess the potential effects of regulations on small businesses, promote fairness, and minimize unnecessary burdens on the small business sector.
The report must include information such as the number of small businesses affected, anticipated compliance costs, and potential economic impacts of the proposed regulation.
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