House Passes Bill to Help Small Businesses
February 5, 2015
Washington, D.C. – Today, the House of Representatives passed H.R. 527, the Small Business Regulatory Flexibility Improvements Act of 2015, by a vote of 260-163. House Judiciary Committee Member and Small Business Committee Chairman Steve Chabot (R-Ohio) serves as the chief sponsor of the bill.
Small businesses employ a majority of America’s private-sector workers and provide jobs for our family members, neighbors and friends. However, it is a significant challenge for small businesses to understand and comply with poorly crafted and ever-growing regulations. Small businesses rarely have in-house legal departments or regulatory compliance experts. The Small Business Regulatory Flexibility Improvements Act requires federal agencies to assess better the impacts of their regulations on small business and to look for ways to reduce unnecessary burdens and design smarter, less onerous rules.
House Judiciary Committee Chairman Bob Goodlatte (R-Va.) and Small Business Committee Chairman Steve Chabot applauded the House passage of the bill:
Chairman Goodlatte: “Small businesses deserve a voice in Washington. Not only do small businesses drive our nation’s economy, they employ our family members, friends, neighbors, and the majority of Americans in the private sector. The passage of the Small Business Regulatory Flexibility Improvements Act delivers a simple, commonsense mandate to the Executive Branch: Work together with small businesses and design smarter, less burdensome rules that account for their unique concerns. It only makes sense that those imposing regulations in Washington would be mandated to communicate better with the small business community and actively search for ways to reduce unnecessary regulatory burdens. I applaud the House passage of this legislation and urge the Senate to take action and for the President to sign this important bill into law.”
Chairman Chabot: “Half of America’s workforce gets up every day and goes to work at a small business. When poorly designed rules create a financial burden on small firms, they also threaten the livelihood of millions of families. H.R. 527 is not a bill that stops regulations; it improves them, so that small businesses can be a part of the solution by providing valuable input during the rulemaking process. This bill makes sure government thinks before it acts, and answers the basic question, ‘How will this impact America’s working families?’”
Small businesses employ a majority of America’s private-sector workers and provide jobs for our family members, neighbors and friends. However, it is a significant challenge for small businesses to understand and comply with poorly crafted and ever-growing regulations. Small businesses rarely have in-house legal departments or regulatory compliance experts. The Small Business Regulatory Flexibility Improvements Act requires federal agencies to assess better the impacts of their regulations on small business and to look for ways to reduce unnecessary burdens and design smarter, less onerous rules.
House Judiciary Committee Chairman Bob Goodlatte (R-Va.) and Small Business Committee Chairman Steve Chabot applauded the House passage of the bill:
Chairman Goodlatte: “Small businesses deserve a voice in Washington. Not only do small businesses drive our nation’s economy, they employ our family members, friends, neighbors, and the majority of Americans in the private sector. The passage of the Small Business Regulatory Flexibility Improvements Act delivers a simple, commonsense mandate to the Executive Branch: Work together with small businesses and design smarter, less burdensome rules that account for their unique concerns. It only makes sense that those imposing regulations in Washington would be mandated to communicate better with the small business community and actively search for ways to reduce unnecessary regulatory burdens. I applaud the House passage of this legislation and urge the Senate to take action and for the President to sign this important bill into law.”
Chairman Chabot: “Half of America’s workforce gets up every day and goes to work at a small business. When poorly designed rules create a financial burden on small firms, they also threaten the livelihood of millions of families. H.R. 527 is not a bill that stops regulations; it improves them, so that small businesses can be a part of the solution by providing valuable input during the rulemaking process. This bill makes sure government thinks before it acts, and answers the basic question, ‘How will this impact America’s working families?’”