110 HR 6117 IH: Small Business Regulatory Equity Act U.S. House of Representatives 2008-05-21 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 110th CONGRESS 2d Session H. R. 6117 IN THE HOUSE OF REPRESENTATIVES May 21, 2008 Mr. Hill introduced the following bill; which was referred to the Committee on Small Business A BILL To require the Comptroller General of the United States to analyze the impacts of Federal regulations on small businesses.

1.

Short title

This Act may be cited as the Small Business Regulatory Equity Act of 2008.

2.

Analysis of impacts of Federal regulations on small businesses

(a)

In general

Not later than September 30, 2009, and every two years thereafter, the Comptroller General of the United States shall submit to Congress a report containing the Comptroller General’s analysis of the impacts of Federal regulations on businesses described in subsection (c). The report shall detail— (1)the cost and impacts of federally mandated regulations that are administered by State agencies; (2)the amount of time such businesses must spend working with agencies attempting to obtain written responses to their written questions; (3)the period of time that passes between submitting such questions to agencies and receiving such responses; (4)how long projects are delayed due to Federal regulations; and (5)how long it takes small business (on average) to obtain permits from Federal agencies. (b)

Impacts covered

The report shall cover, and treat separately, direct impacts (such as wages, time, and fees spent on compliance) and indirect impacts (such as the impact on cash flow, sales, and competitiveness). (c)

Businesses covered

The report shall cover, and treat separately, impacts on— (1)businesses with 15 or fewer employees; (2)businesses with 16 to 35 employees; and (3)businesses with 36 to 50 employees.