H.R. 8033 proposes changes to title 5 of the United States Code to ensure agencies provide specific information when declaring that a new rule won’t heavily impact many small businesses. It requires agencies to list the number of small businesses affected, estimate the costs of the rule, and...
Simple Explanation
This bill wants to make sure that when big rules are made, the people in charge must check and show that the rules won't be too hard or expensive for small businesses to handle. They need to explain how many little businesses will be affected and if the costs are big or small.