20100127-IR-511090795EIA Economic Impact Statement LSA Document #09-795

TITLE 511 INDIANA STATE BOARD OF EDUCATION

Economic Impact Statement LSA Document #09-795

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 businesses. 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: 01/27/2010 by Legislative Services Agency

DIN: 20100127-IR-511090795EIA

Composed: Nov 01,2016 12:50:11AM EDT

A PDF version of this document.