In addition to those duties and responsibilities as directed by the Board, the Committee shall analyze, determine, and report to the Board, so that the Board may report to the Governor and executive agencies under the control of the Governor, the constitutional officers, and the General Assembly, overall methods of achieving greater small business impact of the regulatory process the following information:
(1) Identify specific ways in which existing regulations and regulatory programs can be made more responsive and responsible to small business.(2) Identify more effective ways of eliciting participation from the private sector in efforts to simplify and clarify regulations so that they are not overly complex or burdensome.(3) Provide suggestions for involving small business owners and their representatives in the rulemaking process in a more meaningful way.(4) Provide constructive suggestions for reducing forms and paperwork particularly where they are duplicative, overly complicated, or otherwise burdensome for small business.(5) Determine effective ways to communicate with small business owners and to assist them in their understanding and implementation of complex regulations.(6) Recommend non-punitive methods of ensuring compliance with regulatory objectives or requirements including pre-inspection programs, advisory services, education and training, and industry self-regulation. P.A. 91-476, eff. 8/11/1999.