Louisiana Revised Statutes 49:974.4 – A.(1) Prior to the adoption of any proposed rule that may have an adverse impact on small businesses, each agency shall prepare a small business economic impact statement, that inclu
Terms Used In Louisiana Revised Statutes 49:974.4
- Agency: means each state board, commission, department, agency, officer, or other entity which makes rules, regulations, or policy, or formulates, or issues decisions or orders pursuant to, or as directed by, or in implementation of the constitution or laws of the United States or the constitution and statutes of Louisiana, except the legislature or any branch, committee, or officer thereof, any political subdivision, as defined in La. See Louisiana Revised Statutes 49:951
- Rule: includes , but is not limited to, any provision for fines, prices or penalties, the attainment or loss of preferential status, and the criteria or qualifications for licensure or certification by an agency. See Louisiana Revised Statutes 49:951
A.(1) Prior to the adoption of any proposed rule that may have an adverse impact on small businesses, each agency shall prepare a small business economic impact statement, that includes the following:
(a) An identification and estimate of the number of the small businesses subject to the proposed rule.
(b) The projected reporting, record keeping, and other administrative costs required for compliance with the proposed rule, including the type of professional skills necessary for preparation of the report or record.
(c) A statement of the probable effect on impacted small businesses.
(d) A description of any less intrusive or less costly alternative methods of achieving the purpose of the proposed rule.
(2) The small business economic impact statement shall be submitted to the office of the state register pursuant to La. Rev. Stat. 49:961.
B. If an agency determines, in its own judgment, that the input of small businesses and the public would be helpful in drafting a new proposed rule, the agency may issue a potpourri notice. If the agency issues a potpourri notice, it shall be submitted with the office of the state register.
Acts 2008, No. 820, §1; Acts 2019, No. 204, §§1, 2, eff. Feb. 1, 2020; Acts 2022, No. 663, §1; Redesignated from La. Rev. Stat. 49:978.4.