,,ii #aad? ,,congress #b;d ,session ,s4 #bhdg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,april #be1 #bjaf ,mrs4 ,ern/ introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,small ,bus9ess & ,entrepr5eur%ip ,a ,,bill ,to require great] transp>5cy = ,f$]al regulatory decisions t impact small bus9esses4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,prove ,x ,act ( #bjaf4 #b4 ,review proc$ures relat+ to initial regulatory flexibility analysis c]tifications 7a7 ,9 g5]al ,section #fje7;b7 ( title #e1 ,unit$ ,/ates ,code1 is am5d$-- 7#a7 by ins]t+ 7#a7 be=e ,sections #fjc2 7#b7 9 p>agraph 7#a71 z s designat$1 by ins]t+ 79 ?is subsection ref]r$ to z ! ,*ief ,c\nsel7 aft] ,adm9i/ration2 & 7#c7 by add+ at ! end ! foll[+3 7#b7 7,a7 ,if ! ,*ief ,c\nsel disagrees ) a c]tification & /atem5t provid+ ! factual basis = ! c]tification submitt$ by a ,f$]al ag5cy "u p>agraph 7#a7 ) respect to an initial regulatory flexibility analysis = a propos$ rule1 ! ,*ief ,c\nsel may submit a reque/ to ! ,adm9i/rator ( ! ,(fice ( ,in=mation & ,regulatory ,affairs 79 ?is section ref]r$ to z ! ,adm9i/rator7 = review ( ! c]tification & /atem5t 9 accordance ) ?is p>agraph4 7,b7 ,a reque/ = review "u subp>agraph 7,a7 %all-- 7i7 be publi%$ 9 ! ,f$]al ,regi/] & on ! website ( ! ,(fice ( ,advocacy ( ! ,small ,bus9ess ,adm9i/ration n lat] ?an #aj days aft] ! date on :i* ! ,f$]al ag5cy submitt$ ! c]tification & /atem5t to ! ,*ief ,c\nsel "u p>agraph 7#a72 7ii7 include any docum5tation or comm5ts ! ,*ief ,c\nsel provid$ or made dur+ ! notice & comm5t p]iod = ! propos$ rule2 & 7iii7 include an explanation ( :y ! ,*ief ,c\nsel disagre$ ) ! c]tification & /atem5t receiv$ "u p>agraph 7#a71 :i* may include-- 7,i7 an id5tification ( any mat]ial facts 9 controv]sy2 7,,ii7 an analysis ( :y ! propos$ rule w1 if promulgat$1 h a significant economic impact on a sub/antial numb] ( small entities1 includ+ any data det]m9$ relevant to ! analysis by ! ,*ief ,c\nsel2 & 7,,iii7 any o!r in=mation ! ,*ief ,c\nsel det]m9es relevant4 7,c7 ,n lat] ?an #aj days aft] ! date on :i* ! ,*ief ,c\nsel publi%es 9 ! ,f$]al ,regi/] a reque/ = review "u subp>agraph 7,a71 ! ,f$]al ag5cy %all submit to ! ,adm9i/rator & publi% 9 ! ,f$]al ,regi/] & on ! website ( ! ,f$]al ag5cy a response to ! reque/ = review4 7,d7 ,9 conduct+ a review ( a c]tification & a /atem5t ( a ,f$]al ag5cy "u ?is p>agraph ) respect to a propos$ rule1 ! ,adm9i/rator %all consid]-- 7i7 :e!r ! ag5cy correctly det]m9$ :i* small entities w be affect$ by ! propos$ rule2 7ii7 :e!r ! ,f$]al ag5cy consid]$ adequate economic data to assess :e!r ! propos$ rule w h a significant impact on a sub/antial numb] ( small entities2 & 7iii7 ! economic implications ( ! propos$ rule1 includ+ :e!r ! data suppli$ by ! ,*ief ,c\nsel 9 ! reque/ = review "u subp>agraph 7,a7 w\ld lead to ! propos$ rule hav+ a significant economic impact on a sub/antial numb] ( small entities4 7,e7 ,n lat] ?an #dj days aft] ! date on :i* ! ,*ief ,c\nsel submits to ! ,adm9i/rator a reque/ = review "u subp>agraph 7,a71 ! ,adm9i/rator %all submit to ! ,*ief ,c\nsel & ! ,f$]al ag5cy & publi% 9 ! ,f$]al ,regi/] & on ! website ( ! ,(fice ( ,in=mation & ,regulatory ,affairs ! results ( ! review4 ,if ! ,adm9i/rator det]m9es t ! propos$ rule w1 if promulgat$1 h a significant economic impact on a sub/antial numb] ( small entities1 ! ,f$]al ag5cy %all p]=m an initial regulatory flexibility analysis & a f9al regulatory flexibility analysis = ! propos$ rule "u sections #fjc & #fjd1 respectively4 4