§602 Regulatory Agenda

Summary

Agencies must publish a regulatory flexibility agenda in the Federal Register every October and April. The agenda must list rules the agency expects to propose or finalize that could have a big economic effect on a substantial number of small entities. For each listed subject, the agency must give a short summary of the rule, its goals and legal basis, an approximate timetable for action if a general notice of proposed rulemaking has been issued, and the name and phone number of an agency official who knows about the item. Each agenda must be sent to the Chief Counsel for Advocacy of the Small Business Administration for possible comment. Agencies must try to let small entities or their representatives know about the agenda and invite their comments. Agencies may still work on items not on the agenda, and they are not forced to act on items that are listed.