What Is r3? - The Office of Advocacy's Regulatory Review and Reform Initiative, or r3, is designed to identify and address existing federal regulations that should be revised because they are ineffective, duplicative, or out of date. r3 is a tool for small business stakeholders to suggest needed reforms. r3 includes the process under Section 610 of the Regulatory Flexibility Act for agencies to consider whether their current regulations are still needed, and the degree to which technology, economic conditions, or other factors have changed since their rules were first promulgated. r3 also includes a process by which interested stakeholders can nominate existing regulations for reform, and monitor the progress that agencies make toward achieving those reforms.
What is the objective of the r3 program? - The r3 program is intended to help small businesses address the cumulative Federal regulatory burden, which is now estimated to exceed $1.1 trillion. Through the r3 program, we believe federal agencies will do a better job of identifying and revising rules that need to be reformed.
How does the r3 program work? - The r3 program has three distinct components: (1) providing tools that will improve federal agencies’ compliance with Section 610 of the RFA, leading to a better understanding of the impact of their current regulations on small entities, and (2) developing a process for small business stakeholders to identify current rules that are outdated or ineffective and recommend targeted reforms, and (3) posting the recommended reforms on Advocacy’s website and updating the status of reforms twice a year.
What is the process for small business stakeholders to identify rules as candidates for reform? - Stakeholders who are interested in recommending reform of
a current rule or regulatory program should provide the Office of Advocacy with
a description of the current rule and the reasons why the rule or program should
be reformed. Stakeholders also need to describe their recommended reform. After
Advocacy receives and reviews a recommendation for reform, Advocacy staff will
work with the stakeholder to develop sufficient information to move forward.
Recommendations for reform are due by December 31, 2008. See
Nominating an Existing Agency Rule for Reform.
More . . .
Contact - To suggest reviews and reforms, please call Keith Holman at the Office of Advocacy, 202-205-6936 or email at advocacy@sba.gov.
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