Small Business Regulatory Flexibility Improvements Act of 2015

[AI summary unavailable — showing source text] Small Business Regulatory Flexibility Improvements Act of 2015 This bill modifies the rule making requirements and procedures of federal agencies (excluding Congress, U.S. courts, U.S. territories and possession, and the District of Columbia) under the Regulatory Flexibility Act of 1980 (RFA) and the Small Business Regulatory Enforcement Fairness Act of 1996 (SBREFA). The definition of "rule" under RFA is expanded to include all agency rules, except for rules that pertain to the protection of the rights of, or benefits for, veterans or rules of particular (and not general) applicability relating to rates, wages, and other financial indicators. Under a new definition of "economic impact," agencies are required to consider any direct economic effect of a proposed rule on small entities and any indirect economic effect on small entities that is reasonably foreseeable and that results from such rule. Under the bill, agencies are required to modify their rulemaking procedures to: include within initial and final regulatory flexibility analyses a detailed statement of information relating to a proposed rule; include in the agency regulatory flexibility agenda a description of the sector …