TITLE 515 ADVISORY BOARD OF THE DIVISION OF PROFESSIONAL STANDARDS
Economic Impact Statement
LSA Document #09-481
IC 4-22-2.1-5 Statement Concerning Rules Affecting Small Businesses
IC 4-22-2.1-5 requires an agency to submit to the Legislative Services Agency and the Indiana Economic Development Corporation a statement of economic impact of any proposed rule with an economic impact on small business.
IC 4-22-2.1-4 defines a small business as any "person, firm, corporation, limited liability company, partnership, or association that:
(1) is actively engaged in business in Indiana and maintains its principal place of business in Indiana;
(2) is independently owned and operated;
(3) employs one hundred (100) or fewer full-time employees; and
(4) has gross annual receipts of five million dollars ($5,000,000) or less.".
The proposed rule will not impose requirements or costs on small businesses under
IC 4-22-2.1-5.
Posted: 09/30/2009 by Legislative Services Agency
DIN: 20090930-IR-515090481EIA
Composed: May 08,2024 11:22:32PM EDT
A
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