§201M-7  Periodic review; evaluationreport.  (a)  Each agency having rules that affect small business shallsubmit by June 30 of each odd-numbered year, a list of those rules to the smallbusiness regulatory review board.  The agency shall also submit a reportdescribing the specific public purpose or interest for adopting the respectiverules and any other reasons to justify its continued implementation.

(b)  The small business regulatory review boardshall provide to the head of each agency a list of any rules adopted by theagency that affect small business and have generated complaints or concerns,including any rules that the board deter­mines may duplicate, overlap, orconflict with other rules, or exceed statutory authority.  Within forty-fivedays after being notified by the board of the list, the agency shall submit awritten report to the board in response to the complaints or concerns.  Theagency shall also state whether the agency has considered the continued needfor the rules and the degree to which technology, economic condi­tions, andother relevant factors may have diminished or eliminated the need formaintaining the rules.

(c) The board may solicit testimony from the public regarding any report submittedby the agency under this section at a public meeting held pursuant to chapter92.  Upon consideration of any report submitted by an agency under this sectionand any public testimony, the board shall submit an evaluation report to thenext regular session of the legislature.  The evaluation report shall includean assessment as to whether the public interest significantly outweighs arule's effect on small business and any legislative proposal to eliminate orreduce the effect on small business.  The legislature may take any action in responseto the report as it finds appropriate. [L 1998, c 168, pt of §2, §5; am L 2002,c 202, §5; am L 2007, c 217, §6]