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.
