House approves bill to ease small business regulations

Rep. Sam Graves (R-Mo.) applauded House passage of legislation on Thursday that would alleviate regulatory burdens faced by small business owners.

The House passed the ALERRT Act on Thursday, which includes the Regulatory Flexibility Improvements Act that was sponsored by the House Small Business Committee.

“While no one disputes that small businesses bear a greater regulatory compliance burden than larger companies, there is disagreement over whether Congress should act to improve the regulatory process, which all too often ignores the plight of small businesses,” Graves, the chairman of the House Small Business Committee, said. “Washington can and must do better. The current rate of regulations that are unnecessarily burdensome is too great. The Regulatory Flexibility Act of 1980 was passed into law to improve the regulatory process by requiring analysis of small business impacts, but unfortunately, weaknesses in the statute have been exploited by federal agencies to the detriment of America’s best job creators….”

The House Small Business Committee advanced the Regulatory Flexibility Improvements Act last year, and Graves made it a priority to ease regulatory burdens on small businesses.

“Title III of the ALERRT Act, the Regulatory Flexibility Improvements Act, is needed because it ensures that agencies will carefully consider the consequences of rulemaking on small businesses, including indirect impacts, and provides increased opportunities for small business input earlier in the rule making process,” Graves said. “Not all regulations are bad, but many can impose costly burdens that can be a tremendous barrier to small business growth and job creation.”