-IR- Database Guide
-IR- Database: Indiana Register

TITLE 470 DIVISION OF FAMILY RESOURCES

Economic Impact Statement
LSA Document #23-372


IC 4-22-2.1-5 Statement Concerning Rules Affecting Small Businesses
The Indiana Family and Social Services Administration (FSSA) Division of Family Resources proposes to:
Amend 470 IAC 10.3-8-3 and 470 IAC 10.3-10-1 to add new exemption criteria to the TANF program in compliance with the passage of House Enrolled Act 1410 in the 2022 legislative session.

Impact on Small Businesses
The following section provides responses to the following questions outlined in IC 4-22-2.1-5:
1. An estimate of the number of small businesses, classified by industry section that will be subject to the proposed rule.
IC 5-28-2-6 defines a small business as a business entity that satisfies the following requirements:
(1) On at least fifty percent (50%) of the working days of the business entity occurring during the preceding calendar year, the business entity employed not more than one hundred fifty (150) employees.
(2) The majority of the employees of the business entity work in Indiana.
Response: There are no business entities that would potentially be subject to the proposed rule that meet the criteria of a small business.
2. An estimate of the average annual reporting, record keeping, and other administrative costs that small businesses will incur to comply with the proposed rule.
Response: The proposed rule will not impose any additional annual reporting, record keeping, or other administrative costs on small businesses to comply with the proposed rule.
3. An estimate of the total annual economic impact that compliance will have on small businesses subject to the rule.
Response: The proposed rule amendment will have no economic impact on small businesses.
4. A statement justifying any requirement or cost that is imposed by the rule and not expressly required by law. The statement must reference any data, studies, or analyses relied upon by the agency in determining imposition of the requirement or cost is necessary.
Response: This rule imposes no requirement or cost on small businesses.
5. Any regulatory flexibility analysis that considers any less intrusive or less costly alternative methods of achieving the same purpose.
A. Establishment of less stringent compliance or reporting requirements for small businesses.
Response: The rule has no impact on compliance or reporting requirements for small businesses.
B. Establishment of less stringent schedules or deadlines for compliance or reporting requirements for small businesses.
Response: The rule has no impact on schedules or deadlines for compliance or reporting requirements for small businesses.
C. Consolidation or simplification of compliance or reporting requirements for small businesses.
Response: The rule has no impact on compliance or reporting requirements for small businesses.
D. Establishment of performance standards for small businesses instead of design or operational standards imposed on other regulated entities by the rule.
Response: The rule has no impact on performance or operational standards for small businesses.
E. Exemption of small businesses from part or all of the requirements or costs imposed by the rule.
Response: The rule imposes no additional requirements or cost on small businesses.

If there are any programmatic or fiscal questions, please contact David Smalley at (317) 232-2010 or at david.smalley@fssa.in.gov. Questions regarding any other aspect of the proposed changes should also be addressed to Amanda DeRoss at (317) 234-8533 or at amanda.deross@fssa.in.gov.

Posted: 07/05/2023 by Legislative Services Agency

DIN: 20230705-IR-470230372EIA
Composed: May 29,2024 8:17:23AM EDT
A PDF version of this document.