Administration, Index to Approved SBA Reporting and Recordkeeping Requirements, and Intergovernmental Review of Small Business Administration Programs and Activities

In response to President Clinton's government-wide regulatory reform directive, the Small Business Administration completed a page- by-page and line-by-line review of all of its existing regulations. As a result, SBA now clarifies and streamlines its regulations, revising or eliminating any duplicative, outdated, inconsistent or confusing provisions. This rule reorganizes all of present Parts 101, 133, and 135 and consolidates them into one new rule. As part of this streamlining process large portions of present Part 101 have been removed from the regulations and will be published in the Federal Register. Present Parts 133 and 135 are revised, updated and consolidated with Part 101. Finally, the remaining sections are rewritten into a straightforward ``plain English'' style of writing.