SB 5730 - DIGEST

(SUBSTITUTED FOR - SEE 1ST SUB)

Directs an agency to consider, without limitation, each of the following methods of reducing the impact of the proposed rule on small businesses: (1) Reducing, modifying, or eliminating substantive regulatory requirements;

(2) Simplifying, reducing, or eliminating recordkeeping and reporting requirements;

(3) Reducing the frequency of inspections;

(4) Delaying compliance timetables;

(5) Reducing or modifying fine schedules for noncompliance;

(6) Establishing performance standards for small businesses to replace design or operational standards required in the proposed rules; and

(7) Any other mitigation techniques suggested by small businesses or their advocates.

Requires the rules review committee to establish a small business advisory board to ensure that small business concerns are reflected in the rules review process.