Sec. 203. Including indirect economic impact in small entity analyses
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/bill/113/s/1730/is/section-203·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 601 of title 5, United States Code, is amended by adding at the end the following: the term economic impact means, with respect to a proposed or final rule— the economic effects on small entities directly regulated by the rule; and the reasonably foreseeable economic effects of the rule on small entities that— purchase products or services from, sell products or services to, or otherwise conduct business with entities directly regulated by the rule; are directly regulated by other governmental entities as a result of the rule; or are not directly regulated by the agency as a result of the rule but are otherwise subject to other agency regulations as a result of the rule. .