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 <subject>Environmental legislation</subject>
 <subject>Agency proceedings</subject>
 <subject>Economic analysis</subject>
 <subject>Proposed legislation</subject>
 <subject>Reporting requirements</subject>
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 <subject>EPA Toxic Release Inventory</subject>
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<titleInfo>
 <title>Regulatory Flexibility Act: Key Terms Still Need to Be Clarified</title>
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<abstract>The Regulatory Flexibility Act of 1980 (RFA) requires federal
agencies to examine the impact of their proposed and final rules 
on small businesses, small governmental jurisdictions, and small 
organizations and to solicit the ideas and comments of such	 
entities for this purpose. Specifically, whenever agencies are	 
required to publish a notice of proposed rulemaking, the RFA	 
requires agencies to prepare an initial and a final regulatory	 
flexibility analysis. However, the RFA also states that those	 
analytical requirements do not apply if the head of the agency	 
certifies that the rule will not have a &apos;&apos;significant economic	 
impact on a substantial number of small entities.&apos;&apos; The Small	 
Business Regulatory Enforcement Fairness Act of 1996 was enacted 
to strengthen the RFA&apos;s protections for small entities, and some 
of the act&apos;s requirements are built on this significant impact	 
determination. Although both of these reform initiatives have	 
clearly affected how federal agencies regulate, their full	 
promise has not been realized. The RFA does not define what	 
Congress meant by the terms &apos;&apos;significant economic impact&apos;&apos; and  
&apos;&apos;substantial number of small entities&apos;&apos; and does not give any	 
entity the authority or responsibility to define them		 
governmentwide. As a result, agencies have had to construct their
own definitions, and those definitions vary.</abstract>
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<note>Testimony</note>
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 <searchTitle>GAO-01-669T; Regulatory Flexibility Act: Key Terms Still Need to Be Clarified;
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<subject>
 <topic>Environmental legislation</topic>
 <topic>Agency proceedings</topic>
 <topic>Economic analysis</topic>
 <topic>Proposed legislation</topic>
 <topic>Reporting requirements</topic>
 <topic>Small business assistance</topic>
 <topic>EPA Toxic Release Inventory</topic>
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  <title>United States Code</title>
  <partNumber>Title 5 Section 601</partNumber>
  <partNumber>Title 5 Section 609</partNumber>
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 <identifier type="USC citation">5 U.S.C. 601</identifier>
 <identifier type="USC citation">5 U.S.C. 609</identifier>
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  <title>United States Code</title>
  <partNumber>Title 42 Section 11001</partNumber>
  <partNumber>Title 42 Section 13101</partNumber>
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 <identifier type="USC citation">42 U.S.C. 11001</identifier>
 <identifier type="USC citation">42 U.S.C. 13101</identifier>
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