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This bill amends the Regulatory Flexibility Act to require federal agencies to conduct more detailed analyses of how proposed and final rules affect small entities. It mandates that agencies provide comprehensive assessments of compliance costs, overlapping regulations, cumulative economic impacts, disproportionate effects on small businesses, and access to credit impacts. The bill also requires agencies to publish final analyses on their websites and provide quantifiable descriptions of rule effects or explain why quantification is not feasible.
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