Relates to regulatory penalties, fines, and/or revocation for small business

This bill establishes a mandatory 15+ business day "cure period" for small businesses (as defined in state law) that commit their first minor violation of state agency rules, such as paperwork errors made in good faith. State agencies must provide compliance guidance or assistance and allow correction before imposing penalties, fines, or license revocation - unless violations involve safety risks, fraud, prior offenses, or other serious issues. The bill excludes tax, workers' compensation, and financial agencies from this requirement. Agencies must annually report to the Division for Small Business on how many businesses used cure periods, successfully corrected violations, and the timeframes involved. This aims to reduce penalties for minor, unintentional errors while maintaining safeguards for significant risks.