
The Regulatory Flexibility Act
The Regulatory Flexibility Act is a law that requires government agencies to consider how their rules and regulations might affect small businesses and organizations. Before creating new rules, agencies must assess potential impacts, especially burdens on small entities, and explore alternatives that could reduce any negative effects. The goal is to ensure regulations are necessary, clear, and fair, helping small businesses to comply without undue hardship. It promotes balanced decision-making to protect small entities while achieving regulatory objectives.