VAN DREW BILL TO HELP SMALL BUSINESSES MOVES AHEAD IN SENATE

The Senate Economic Growth Committee released legislation Senators Paul Sarlo and Jeff Van Drew sponsored to broaden the ability of a small business to challenge bureaucratic rules and regulations it believes are detrimental to business.

The measure would clearly delineate the process by which a regulatory appeal would be make, allowing a small business to petition the agency within 90 days after the date of its final rulemaking action on a claim that the agency failed to prepare a regulatory flexibility analysis or that the analysis either omitted information or otherwise drew an erroneous conclusion.

Agencies receiving a challenge would be required to determine whether the petition has merit and respond within 45 days of its receipt.

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