NFIB State Director Gregg Thompson says small business owners are urging their legislators to override Gov. Josh Stein’s veto of House Bill 402, also known as the REINS Act. The veto session is scheduled to begin on July 29.

“Our members are deeply disappointed in Governor Stein for vetoing important legislation that would protect Main Street businesses from costly government overreach,” Thompson said.

HB 402 would require the General Assembly to approve any new state rule that would cost $20 million or more over five years. It would also expand the review process for other expensive rules, giving small businesses a stronger voice when new regulations are being considered.

“This bill is about fairness and accountability,” Thompson said. “Small-business owners are already dealing with rising costs and labor shortages. They shouldn’t be blindsided by expensive new regulations that are pushed through without input from elected officials.”

Governor Stein vetoed the bill in June, arguing that it would hamstring state agencies. However, Thompson said the measure would give small businesses a chance to be heard and protect them from burdensome rules that can hurt their ability to grow and create jobs. The Senate passed the bill with a veto-proof majority, and the House was just one vote shy.

“Small businesses deserve transparency, accountability, and a seat at the table,” Thompson said. “NFIB supported HB 402 during the regular session and will be watching closely as the legislature considers a veto override.”