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This document outlines the amendment to the rule R590-229 regarding Annuity Disclosure, detailing changes made to definitions and language within the rule to ensure consistency with existing statutes. The amendment involves the removal of a definition and correction of a hyphenation error without any anticipated fiscal impact on state budgets, local governments, small or non-small businesses, and other persons.
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What is administrative rule analysis?
Administrative rule analysis is the process of evaluating and assessing the potential impacts of proposed administrative rules on various stakeholders, including businesses, communities, and the environment.
Who is required to file administrative rule analysis?
Typically, state agencies or regulatory bodies that propose new rules or amendments to existing rules are required to file administrative rule analyses.
How to fill out administrative rule analysis?
To fill out an administrative rule analysis, you should provide a detailed description of the proposed rule, assess its impacts, identify stakeholders, and follow any specific guidelines set by the governing agency.
What is the purpose of administrative rule analysis?
The purpose of administrative rule analysis is to ensure transparency, evaluate the economic and social impacts of proposed rules, and facilitate stakeholder engagement.
What information must be reported on administrative rule analysis?
The analysis typically requires reporting on the purpose of the rule, potential impacts on businesses and individuals, costs involved, and alternatives considered.
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