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This document outlines the proposed rule for the Ohio Co-op/Internship Program, including details on the legislative background, procedures for issuing requests for proposals, and fiscal analysis. It addresses the compliance with regulations, the impact on revenues and expenditures, and authorization for the agency to administer the program.
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A rule summary and fiscal is a document that outlines the financial implications and impacts of proposed rules or regulations, providing stakeholders with insights into the costs and benefits associated with these rules.
Entities, organizations, or individuals who propose new regulations or rules that have a significant economic impact are typically required to file a rule summary and fiscal.
To fill out a rule summary and fiscal, one must gather relevant financial data, assess the economic impact of the proposed rule, and complete the template or form provided by the regulatory body, ensuring all sections are thoroughly addressed.
The purpose of a rule summary and fiscal is to inform decision-makers about the financial impacts of proposed rules, ensuring transparency and allowing for informed public comment and policy-making.
Information typically includes estimated costs, potential benefits, economic impact assessments, compliance costs, affected populations, and any alternatives considered.
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