DE SB96

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 specific methods to reduce regulatory burdens, including less stringent requirements, simplified schedules, performance standards, and exemptions for small businesses.

Regulatory impact statement must include statutory references, regulatory purpose, identification of affected entities, cost estimates for compliance, and descriptions of less costly alternative methods.

Expands "small business" definition from fewer than 20 employees and $4 million gross receipts to fewer than 50 employees and $10 million gross receipts.

Requires the Registrar of Regulations to transmit proposed regulations with analyses to appropriate General Assembly standing committees and mandates guidelines be published by November 15, 2015; effective January 1, 2016.