According to a recent report by the Center for Effective Government (foreffectivegov.org), when small businesses made their case in the 1990s that federal rulemaking processes should pay attention to the special needs of small businesses, policymakers listened.
Now, by law, ever since the late 1990s, three federal agencies – the U.S. Environmental Protection Agency (EPA), the Occupational Safety and Health Administration (OSHA), and the Consumer Financial Protection Bureau (CFPB), are required to convene a small business review panel any time that they plan to issue a rule that could have a significant economic impact on small businesses.
The review panels include officials from the rulemaking agency itself, from the White House Office of Information and Regulatory Affairs, and from the Small Business Administration's Office of Advocacy. These agencies are expected to consult with a group of small business representatives.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.