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Bill > S2665

RI S2665

RI S2665
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
02/27/2026
In Committee
02/27/2026
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 specific finding. This finding must state that the costs a business will incur to comply with the new rule should increase in proportion to the size of the business. Crucially, the bill mandates that these costs should not be "fixed costs," meaning they shouldn't be a flat amount that larger businesses can more easily afford to pay, while potentially burdening smaller businesses disproportionately. This aims to ensure that new regulations are fairer to businesses of all sizes by preventing the imposition of costs that are harder for smaller entities to absorb.

Committee Categories

Budget and Finance

Sponsors (9)

Last Action

Introduced, referred to Senate Finance (on 02/27/2026)

bill text

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bill summary

Document Type Source Location
State Bill Page https://status.rilegislature.gov/
BillText https://webserver.rilegislature.gov/BillText26/SenateText26/S2665.pdf
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