Notice of Correction to Statement of Economic Regulatory Costs (SERC)
The following text replaces the previously published SERC to provide a summary.
Summary
Based on the SERC prepared for this rule amendment, there are no impacts directly or indirectly on the following: economic growth, private-sector job creation or employment, or private-sector investment, business competitiveness, including the ability of persons doing business in the state to compete with persons doing business in other states or domestic markets, productivity, or innovation, in excess of $1 million in the aggregate within 5 years after the implementation of the rule. In addition, the rule will not increase regulatory costs, including any transactional costs in excess of $1 million in the aggregate within 5 years after the implementation of the rule.
There are no costs to the department or other state and local government entities for implementing this proposed rule. There are no transactional costs to be incurred by individuals and entities required to comply with the rule. There is no impact on small businesses, small counties or small cities.