SBA Seeks Comment on Rules Affecting Small Biz

March 11, 2015

pic-paperwork-tax-smThe U.S. Small Business Administration (SBA) recently released notices calling for comments on two rules that affect small businesses: one focusing on expanding the mentor-protégé program; and the other that aims to review and improve regulations issued by the U.S. Environmental Protection Agency (EPA).

Last month, the SBA published a proposed rule to establish a government-wide mentor-protégé program for all small business. SBA is proposing to amend its regulations to implement provisions of the Small Business Jobs Act of 2010 and the National Defense Authorization Act for Fiscal Year 2013. Based on authorities provided in these two statutes, the proposed rule would establish a government-wide mentor-protégé program for all small business concerns, consistent with SBA’s mentor-protégé program for participants in SBA’s 8(a) Business Development (BD) program.

The proposed rule includes revisions to rules governing a firm’s primary industry code, the reporting of benefit distribution by entity-owned concerns, and other changes and provisions that could impact 8(a) business development mentor-protégé program participants or small businesses doing work with the federal government. The SBA is also requesting comments in four areas  that will allow the agency to draft a final rule responsive to the small business community’s needs. Comments must be received by April 6, 2015. To read the notice and submit comments visit www.regulations.gov and look up RIN: 3245-AG24. For more information about this proposed rule click here.

On March 9, the EPA issued a request for comment on its periodic retrospective review of regulations. Executive Order 13563, “Improving Regulation and Regulatory Review,” and Executive Order 13610, “Identifying and Reducing Regulatory Burdens,” issued by President Barack Obama call on all federal agencies to conduct a retrospective analysis of rules that may be outmoded, ineffective, insufficient, or excessively burdensome and to modify, streamline, expand, or repeal them in accordance with what has been learned. The EPA is particularly seeking public input on how the agency can promote regulatory modernization through business-process streamlining, facilitated by improved technology. Through these executive orders, Obama launched a comprehensive review of existing rules to eliminate, streamline or update those that no longer make sense in their current form. This effort is on track to produce completed actions that will reduce nearly $20 billion in regulatory costs in the near term.

The deadline for comments is April 8, 2015. To read the notice, identified by Docket ID No.: EPA-HQ-OA-2011-0156, and submit comments click here. Additional information regarding EPA’s ongoing efforts to review existing regulations can be found here.

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