Ch. 635

1997 LAWS OF MARYLAND

(g) (1) The Department of [Fiscal] LEGISLATIVE Services may include an
economic impact analysis rating and economic impact analysis prepared by the
Department [of Fiscal Services] or by the appropriate Executive Branch agency as part
of a fiscal note.

(2) The Department of [Fiscal] LEGISLATIVE Services may comment on
the economic impact analysis rating and economic impact analysis prepared by the
appropriate Executive Branch agency.

(h) The Department of [Fiscal] LEGISLATIVE Services may revise the economic
impact analysis rating and economic impact analysis consistent with an amended version
of a bill.

(i) (1) The Department of [Fiscal] LEGISLATIVE Services shall keep a copy of
each economic impact analysis rating and economic impact analysis for 3 years after
preparation of the rating or the analysis.

(2) The copies shall be reasonably available for public inspection.

2-1505.2. Economic impact analyses ratings and economic impact analyses of agency
regulations on small businesses.

(b)     (1) [On and after October 1, 1996, an] AN economic impact analysis rating
and an economic impact analysis, as appropriate, shall be prepared by the appropriate
Executive Branch agency for each regulation that the agency proposes for adoption
pursuant to Title 10, Subtitle 1 of this article.

(2) A copy of the economic impact analysis rating and the economic impact
analysis required under this subsection shall be submitted by the appropriate agency:

(i) to the Department of [Fiscal] LEGISLATIVE Services no later
than the time the agency submits the regulation to the committee to allow the
Department [of Fiscal Services] to comment on the economic impact analysis rating and
the economic impact analysis; and

(ii) to the committee at the time the agency submits the regulation to
the committee.

(c)     (1) If the appropriate Executive Branch agency or the Department of
[Fiscal] LEGISLATIVE Services determines that a regulation will have minimal or no
economic impact on small businesses, the agency or Department [of Fiscal Services]
shall indicate that determination by a brief written statement.

(2)     If the appropriate Executive Branch agency or the Department of
[Fiscal] LEGISLATIVE Services determines that a regulation will have a meaningful
economic impact on small businesses, the agency or Department [of Fiscal Services]
shall develop a complete written economic impact analysis.

(3)     (i) If the appropriate Executive Branch agency or the Department [ of
Fiscal Services] determines that a regulation will have a meaningful economic impact on
small businesses and is unable to provide a complete written economic impact analysis,

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