TeachMeFinance.com - explain Regulatory Flexibility Act (RFA)
Regulatory Flexibility Act (RFA) The term 'Regulatory Flexibility Act (RFA) ' as it applies to the area of agriculture can be defined as ' P.L. 96-354 (September 19,1964) requires federal agencies to consider the special needs and concerns of small business entities whenever they engage in rulemaking subject to notice and comment requirements of the Administrative Procedure Act or other laws. In most cases, when an agency publishes a proposed rule in the Federal Register, it must prepare and publish a regulatory flexibility analysis describing the impact on small businesses'.
About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.