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Initial Regulatory Flexibility Analysis

An assessment federal agencies must make when proposing new rules to determine their potential economic impact on small businesses and other small entities.

Small Entity

A small business, small non-profit organization, or small governmental jurisdiction, as defined by federal law.

Certification

An official statement by a federal agency concluding that a proposed rule will not have a significant economic impact on a substantial number of small entities.

Proposed Rule

A draft of a new regulation that a federal agency intends to put into effect, released for public comment before it becomes final.

Chief Counsel for Advocacy

The head of the Office of Advocacy within the Small Business Administration, responsible for representing the interests of small businesses before federal agencies and Congress.

Prima Facie Review

An initial assessment by the Chief Counsel for Advocacy to determine if a petition challenging an agency's certification has enough merit to warrant a full, in-depth investigation.

Promulgated

The formal act of putting a law, rule, or regulation into effect.