DE SB95

Requires state agencies to prepare a regulatory flexibility analysis and regulatory impact statement when proposing regulations substantially likely to impose additional costs or burdens on individuals and small businesses.

Regulatory flexibility analysis must consider methods to reduce burdens including less stringent requirements, simplified compliance procedures, performance standards, and exemptions for certain entities.

Regulatory impact statement must include the regulation's purpose, identification of affected individuals and small businesses, estimated compliance costs, and alternative methods to achieve regulatory objectives.

Expands the definition of "small business" from enterprises with fewer than 20 employees and less than $4 million in gross receipts to those with fewer than 50 employees and less than $10 million in gross receipts.

Requires the Registrar of Regulations to transmit proposed regulations with their analyses to appropriate General Assembly standing committees; exempts emergency regulations, certain professional licensing regulations, and federally-required regulations from these requirements.