State-level deregulation efforts are making it easier to run your small business.
Regulations are so common that it would take two-and-a-half years to read through the U.S. Code of Federal Regulations. That doesn’t include time spent on each individual state’s code of regulations. This approximation comes from George Mason University’s Mercatus Center, which tabulated restrictive words such as “shall,” “must,” and “required” in state legislation to showcase the current state of state red tape.
From Maryland’s Regulatory Reform Commission that worked to streamline the state’s regulatory environment to Illinois Gov. Bruce Rauner’s 2016 executive order requiring all state agencies to comprehensively review existing rules and regulations, states are rolling back regulations as the federal government also takes big steps toward deregulation.
Still, small business owners in other states continue to exist in a highly regulated environment. Look below to see the differences between some states stance on regulations.
Regulations are so common that it would take two-and-a-half years to read through the U.S. Code of Federal Regulations. That doesn’t include time spent on each individual state’s code of regulations. This approximation comes from George Mason University’s Mercatus Center, which tabulated restrictive words such as “shall,” “must,” and “required” in state legislation to showcase the current state of state red tape.
From Maryland’s Regulatory Reform Commission that worked to streamline the state’s regulatory environment to Illinois Gov. Bruce Rauner’s 2016 executive order requiring all state agencies to comprehensively review existing rules and regulations, states are rolling back regulations as the federal government also takes big steps toward deregulation.
Still, small business owners in other states continue to exist in a highly regulated environment. See the infographic below to see the differences between some states stance on regulations.
