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Bill > H7449

RI H7449

RI H7449
Requires agencies preparing economic impact statements for small businesses contain findings that the anticipated compliance costs of a proposed rule scale proportionally with the business size, and do not impose fixed costs that favor larger businesses.

summary

Introduced
01/30/2026
In Committee
01/30/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

This act would require that agencies preparing economic impact statements for proposed rules applying to small businesses contain a finding that the anticipated compliance costs of the proposed rule scale proportionally with the business size, and do not impose fixed costs that larger businesses are able to absorb more easily. This act would take effect upon passage.

AI Summary

This bill requires that when government agencies prepare economic impact statements for proposed rules that could affect small businesses, they must include a finding that the costs for businesses to comply with the rule should increase proportionally with the size of the business. This means that the costs should not be fixed amounts that are easier for larger businesses to handle than for smaller ones. An economic impact statement is a document that analyzes the potential financial effects of a new regulation. This provision aims to ensure that new rules do not disproportionately burden smaller businesses.

Committee Categories

Business and Industry

Sponsors (10)

Last Action

Introduced, referred to House Small Business (on 01/30/2026)

bill text

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Document Type Source Location
State Bill Page https://status.rilegislature.gov/
BillText https://webserver.rilegislature.gov/BillText26/HouseText26/H7449.pdf
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