Small Business Reading Room

Delaware Corporate Legislation Tracker

HB 34
Title: AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE REGULATORY FLEXIBILITY ACT AND THE ADMINISTRATIVE PROCEDURES ACT.



Synopsis:

Small businesses are the backbone of the economy in Delaware. In fact, 80% of the companies in Delaware employ less than 20 employees, according to recent statistics from the U.S. Census Bureau.

The goal of regulatory flexibility is to foster a climate for entrepreneurial success so that small businesses will continue to create jobs, produce innovative new products and services, bring more Americans into the economic mainstream, and broaden the tax base. In 2002, the Office of Advocacy presented state model legislation, patterned after the federal Regulatory Flexibility Act, to improve the state regulatory climate for small business.

This legislation adopts much of the model legislation with the intent of aiding and fostering small job growth in our State by creating a friendlier regulatory environment for small businesses.


Bill History:

Feb 24, 2011 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House

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