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House Bill 1822

House Bill 1822

ARCHIVE (2005)

Latest Information

DIGEST OF HB1822 (Updated April 26, 2005 4:48 pm - DI 84)

Small business regulation. Requires an agency that intends to adopt a rule that will impose requirements or costs on small businesses to prepare an economic impact statement for the rule. Provides that the statement must include a regulatory flexibility analysis that evaluates alternative regulatory methods that could minimize the impact on small businesses. Requires the agency to: (1) publish the statement with the notice of public hearing for the rule; and (2) submit the statement and the rule to the Indiana economic development corporation. Requires the agency to consider the corporation's written comments on the rule before adopting the rule. Provides that a small business aggrieved by a rule finally adopted by an agency may bring an action to determine whether the agency complied with the requirements concerning small businesses during the rulemaking process. Provides that before readopting a rule expiring after June 30, 2005, an agency must reevaluate the rule's impact on small businesses.
Current Status:
Law Enacted
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