Tennessee § 4-5-402 Analysis of impact on small business

Tennessee Statutes

§ 4-5-402 — Analysis of impact on small business

Tennessee § 4-5-402

Title4

This text of Tennessee § 4-5-402 (Analysis of impact on small business) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tenn. Code Ann. § 4-5-402 (2026).

Text

(a)Prior to initiating the rulemaking process as described in §§ 4-5-202(a)(2) and 4-5-203(a) , all agencies shall conduct a review as to if a rule affects small businesses.

(b)Each agency shall, after June 21, 2007, employ a regulatory flexibility analysis utilizing regulatory methods that accomplish the objectives of applicable statutes while minimizing any adverse impact on small business. The agency shall consider, but not be limited to, each of the following methods of reducing the impact the rule being proposed has on small businesses while remaining consistent with health, safety, and well-being:

(1)The extent to which the rule may overlap, duplicate, or conflict with other federal, state, and local governmental rules;

(2)Clarity, conciseness, and lack of ambiguity in the rule;

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Prior to initiating the rulemaking process as described in §§ 4-5-202(a)(2) and 4-5-203(a) , all agencies shall conduct a review as to if a rule affects small businesses. (b) Each agency shall, after June 21, 2007, employ a regulatory flexibility analysis utilizing regulatory methods that accomplish the objectives of applicable statutes while minimizing any adverse impact on small business. The agency shall consider, but not be limited to, each of the following methods of reducing the impact the rule being proposed has on small businesses while remaining consistent with health, safety, and well-being: (1) The extent to which the rule may overlap, duplicate, or conflict with other federal, state, and local governmental rules; (2) Clarity, conciseness, and lack of ambiguity in the rule; (3) The establishment of flexible compliance and reporting requirements for small businesses; (4) The establishment of friendly schedules or deadlines for compliance and reporting requirements for small businesses; (5) The consolidation or simplification of compliance or reporting requirements for small businesses; (6) The establishment of performance standards for small businesses as opposed to design or operational standards required in the rule being proposed; and (7) The unnecessary creation of entry barriers or other effects that stifle entrepreneurial activity, curb innovation, or increase costs.

Legislative History

Amended by 2021 Tenn. Acts, ch. 531, Secs.s12, s13 eff. 7/1/2021. Amended by 2021 Tenn. Acts, ch. 531, s 11, eff. 7/1/2021. Acts 2007 , ch. 464, § 4; 2009 , ch. 566, § 23.