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-IR- Database: Indiana Register

TITLE 312 NATURAL RESOURCES COMMISSION

Economic Impact Statement
LSA Document #14-294


IC 4-22-2.1-5 Statement Concerning Rules Affecting Small Businesses
Estimated Number of Small Businesses Subject to this Rule:
There are 1,021 organizations (partnerships, companies, and corporations), which have land enrolled in the Classified Forest & Wildlands Program. 375 of the organizations contain "farm" in their name. The Division of Forestry has no way to determine how many of the 1,021 organizations are a "small business" as defined by IC 5-28-2-6.

Estimated Average Annual Reporting, Record Keeping, and Other Administrative Costs Small Businesses Will Incur for Compliance:
Small businesses will not incur any costs for annual reporting, record keeping or other administrative activities as a result of the proposed rule amendments.

Estimated Total Annual Economic Impact on Small Businesses to Comply:
There is no economic impact on small business to comply.

Justification Statement of Requirement or Cost:
The proposed rule amendments would not impose requirements or costs.

Regulatory Flexibility Analysis of Alternative Methods:
Regulatory flexibility analysis is not required as there will be no cost for compliance.

Posted: 09/17/2014 by Legislative Services Agency

DIN: 20140917-IR-312140294EIA
Composed: May 03,2024 7:00:03AM EDT
A PDF version of this document.