John Richardson - The United States Regulatory Flexibility Act

The purpose of the “Regulatory Flexibility Act” is to ensure that when making regulations the U.S. Government makes a distinction between large corporations (for example Apple) owned by millions and shareholders and small corporations (for example Joe The Plumber) owned by Joe himself.

The text of “Regulatory Flexibility Act” is here.

The purpose of the “Regulatory Flexibility Act” is to require that

Congressional Findings and Declaration of Purpose

(a) The Congress finds and declares that —

(1) when adopting regulations to protect the health, safety and economic welfare of the Nation, Federal agencies should seek to achieve statutory goals as effectively and efficiently as possible without imposing unnecessary burdens on the public;

(2) laws and regulations designed for application to large scale entities have been applied uniformly to small businesses, small organizations, and small governmental jurisdictions even though the problems that gave rise to government action may not have been caused by those smaller entities;

(3) uniform Federal regulatory and reporting requirements have in numerous instances imposed unnecessary and disproportionately burdensome demands including legal, accounting and consulting costs upon small businesses, small organizations, and small governmental jurisdictions with limited resources;

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