Big I NY Applauds Passage of Small Business Regulatory Relief Bill
We are pleased to announce that Governor Cuomo has signed legislation to require state agencies to consider specific impacts on small businesses when creating new regulations. The bill, sponsored by Assemblywoman Simotas (D, Queens) and Senator Kaplan (D, Nassau County), is an important victory for small independent agencies across the state. Effective November 1, 2020, state agencies will be required to conduct an assessment of the minimum time needed by small businesses and local governments to apply with a new regulation, including practical, legal, and economic constraints on compliance. Furthermore, state agencies will be required to actively solicit the participation of small businesses and local governments during the rulemaking process. …