California Code of Regulations
Title 1 - General Provisions
Division 3 - Department of Finance
Chapter 1 - Standardized Regulatory Impact Assessment for Major Regulations
Section 2000 - Definitions

(a) "Agency" has the meaning given to that term in Section 11342.520 of the code.

(b) "As estimated by the agency" means the agency has estimated the economic impact of a proposed action in the manner prescribed by section 2003.

(c) "Code" means the Government Code.

(d) "Department" means the Department of Finance.

(e) "Economic impact" means all costs or all benefits (direct, indirect and induced) of the proposed major regulation on business enterprises and individuals located in or doing business in California.

(f) "GO-Biz" means the Governor's Office of Business and Economic Development.

(g) "Major regulation" means any proposed rulemaking action adopting, amending or repealing a regulation subject to review by OAL that will have an economic impact on California business enterprises and individuals in an amount exceeding fifty million dollars ($50,000,000) in any 12-month period between the date the major regulation is estimated to be filed with the Secretary of State through 12 months after the major regulation is estimated to be fully implemented (as estimated by the agency), computed without regard to any offsetting benefits or costs that might result directly or indirectly from that adoption, amendment or repeal.

(h) "Notice of proposed action" means the notice required by Section 11346.5 of the code.

(i) "OAL" means the Office of Administrative Law.

(j) "SRIA" means the standardized regulatory impact assessment required by Section 11346.3(c) of the code.