Van Duyne Introduces the Small Business Regulatory Reduction Act
WASHINGTON, D.C. - Today, Rep. Beth Van Duyne (R-TX) introduced the Small Business Regulatory Reduction Act to keep the regulatory costs and burdens agencies inflict on small businesses at or below zero dollars. This bill also takes necessary action to require a yearly report from the Small Business Administration (SBA) on all federal regulations that would negatively impact small businesses.
“Small businesses are the great assets to our communities, and they have enough on their plate in today’s economic environment,” said Rep. Van Duyne. “Adding additional costs on top of rising prices, labor shortages, and record inflation will only further set our small businesses on a path beyond recovery.”
“Small businesses are combatting numerous crises stemming from wasteful spending and over-reaching red tape from the federal government. Under the Biden Administration, the federal government has added over $200 billion in regulatory costs. The unnecessary and overburdensome regulation from President Biden and Speaker Pelosi has impeded the growth of America’s small businesses,” said Ranking Member Luetkemeyer. “The Small Business Regulatory Reduction Act will stop the unnecessary burdens and directs the SBA to conduct annual reporting on how small businesses are being impacted by burdensome regulations, and I applaud Rep. Van Duyne for her hard work on this legislation.”
Rep. Van Duyne is joined by her GOP Small Business colleagues on this bill including: Ranking Member Blaine Luetkemeyer (R-MO), Vie Ranking Member Roger Williams (R-TX), Rep. Pete Stauber (R-MN), Rep. Claudia Tenney (R-NY), Rep. Andrew Garbarino (R-NY), Rep. Young Kim (R-CA), Rep. Byron Donalds (R-FL), Rep. Maria Salazar (R-FL), and Rep. Scott Fitzgerald (R-WI).
You can read the full text of the bill here.
Background:
Representative Blaine Luetkemeyer (R-MO) is the Ranking Member of the House Committee on Small Business.
Representative Beth Van Duyne (R-TX) is the Ranking Member of the Hosue Small Business Subcommittee on Oversight, Investigations, and Regulations
“Small businesses are the great assets to our communities, and they have enough on their plate in today’s economic environment,” said Rep. Van Duyne. “Adding additional costs on top of rising prices, labor shortages, and record inflation will only further set our small businesses on a path beyond recovery.”
“Small businesses are combatting numerous crises stemming from wasteful spending and over-reaching red tape from the federal government. Under the Biden Administration, the federal government has added over $200 billion in regulatory costs. The unnecessary and overburdensome regulation from President Biden and Speaker Pelosi has impeded the growth of America’s small businesses,” said Ranking Member Luetkemeyer. “The Small Business Regulatory Reduction Act will stop the unnecessary burdens and directs the SBA to conduct annual reporting on how small businesses are being impacted by burdensome regulations, and I applaud Rep. Van Duyne for her hard work on this legislation.”
Rep. Van Duyne is joined by her GOP Small Business colleagues on this bill including: Ranking Member Blaine Luetkemeyer (R-MO), Vie Ranking Member Roger Williams (R-TX), Rep. Pete Stauber (R-MN), Rep. Claudia Tenney (R-NY), Rep. Andrew Garbarino (R-NY), Rep. Young Kim (R-CA), Rep. Byron Donalds (R-FL), Rep. Maria Salazar (R-FL), and Rep. Scott Fitzgerald (R-WI).
You can read the full text of the bill here.
Background:
Representative Blaine Luetkemeyer (R-MO) is the Ranking Member of the House Committee on Small Business.
Representative Beth Van Duyne (R-TX) is the Ranking Member of the Hosue Small Business Subcommittee on Oversight, Investigations, and Regulations
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