Executive Order 13272
In August 2002, President George W. Bush issued Executive Order 13272, further implementing the RFA. The Executive Order requires federal agencies to establish written procedures and policies explaining how they measure the impact of their regulatory proposals on small entities and to vet those policies with the Office of Advocacy; to notify the Office of Advocacy before publishing draft rules expected to have a significant small business impact; and to consider the Office of Advocacy’s written comments on proposed rules and publish a response with the final rule. E.O. 13272 also requires the Office of Advocacy to provide notification as well as training to all agencies on how to comply with the RFA. These additional requirements permit the Office of Advocacy to work closely with federal agencies in considering the impacts of proposed regulations on small entities.
Read more about this topic: Regulatory Flexibility Act
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