A number of new laws passed during the 2016 Legislative Session take effect October 1, 2016. These new laws may have an impact on you, your business, or our community.
Included among those Public Acts that will become law on that date is a measure I supported to assist small businesses across the state:
AN ACT CONCERNING THE IMPACT OF PROPOSED REGULATIONS ON SMALL BUSINESSES (PA 16-32) – To require fiscal notes by the Office of Fiscal Analysis to include an estimate of the number of businesses that would be affected by proposed legislation and an estimated fiscal impact on such businesses and, for regulatory flexibility analyses of proposed regulations, to redefine small business to include any business with two hundred fifty or fewer employees and to require additional information in such analyses. FOR MORE DETAILS CLICK HERE.
For a full list of bills taking effect on October 1, 2016, CLICK HERE.