The Regulatory Agenda Clarity Act would require federal agencies to provide more transparent information about their planned regulations, particularly those affecting small businesses. Specifically, the bill amends the existing Regulatory Flexibility Act to require agencies to disclose which industry sectors will be significantly impacted by proposed rules that could have major economic consequences for small entities. Within three days of publishing their regulatory agendas, agencies must post plain language summaries on their websites, and the Small Business Administration's Chief Counsel for Advocacy must compile and display summaries from all agencies on the SBA website. The legislation has no specified funding or implementation timeline beyond the three-day publication requirement. The bill would primarily affect small business owners and entrepreneurs by giving them clearer, more accessible information about upcoming regulations that might impact their operations.
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