The RFA is no longer something to be ignored.
It's too early to tell whether President Bush's recent executive order and OSHA's creation of a small-business office will prove to be wellsprings of regulatory relief.
The president's mid-August order calls for the Office of Management and Budget to make sure federal agencies take the 22-year-old Regulatory Flexibility Act (RFA) seriously. That law says federal agencies must consider the impact their rules have on small businesses. Of course, the Small Business Regulatory and Enforcement Fairness Act (SBREFA), passed in 1996, had the same goal-but Claudia Rayford-Rodgers, senior counsel for the SBA's Office of Advocacy, argues that the executive order will be more effective.
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