NFIB led 50 trade associations in sending a letter to leaders of the U.S. House Small Business Committee
What it means: The coalition is asking for legislative action to ensure compliance with the Regulatory Flexibility Act, which requires agencies to account for the impact of regulations on small businesses. Passing the bipartisan Prove It Act would protect small and family-owned businesses from the burden of one-size-fits-all rulemaking.
Our take: “Small businesses are concerned with the unprecedented pace of regulations coming from Washington. To increase transparency and fully account for the impact of regulations on small businesses, NFIB urges Congress to fulfill the intent of the Regulatory Flexibility Act (RFA) through legislation like the bipartisan Prove It Act,” said NFIB Director of Government Relations Josh McLeod.
Take Action: Complete a short survey to tell Congress how regulations impact your small business.
Regulatory burdens remain an issue for small business owners, with “Uncertainty over Government Actions” ranking eighth in NFIB’s Small Business Problems & Priorities survey. On Sept. 6, NFIB led 50 trade associations in sending a letter to the U.S. House Committee on Small Business asking for regulatory relief and a reduction in red tape for small businesses.
NFIB continues to advocate for administrative agencies to comply with the Regulatory Flexibility Act (RFA) to avoid one-size-fits-all rulemaking. Small businesses are disadvantaged compared to larger corporations that can easily sort through extra paperwork resulting from regulations. The RFA requires agencies to analyze the impact of regulations on small businesses but largely faces non-compliance.
A White Paper analysis by the NFIB Small Business Legal Center explores the lack of RFA compliance and shares what Congress can do to reinvigorate the RFA.
Complete a short survey to inform lawmakers how regulations burden your small business.
