Expands New Jersey Regulatory Flexibility Act to better protect small businesses from economic impacts of rules.

The bill amends the New Jersey Regulatory Flexibility Act to expand protections for small businesses, defined as those with fewer than 100 full-time employees or annual sales under $6 million. It requires agencies to conduct a regulatory flexibility analysis every seven years to minimize economic impacts on small businesses. The bill also establishes a process for small businesses to petition for review if they are adversely affected by a rule, including the option for summary disposition based on affidavits.

Expands New Jersey Regulatory Flexibility Act to better protect small businesses from economic impacts of rules.

The bill amends the New Jersey Regulatory Flexibility Act to expand protections for small businesses, defined as those with fewer than 100 full-time employees or annual sales under $6 million. It requires agencies to conduct a regulatory flexibility analysis every seven years to minimize economic impacts on small businesses. The bill also establishes a process for small businesses to petition for review if they are adversely affected by a rule, including the option for summary disposition based on affidavits.