Release Date: Jun 19, 2000Contact: 888-249-NEWS
U.S. Chamber Calls on Congress to Protect Small Businesses
WASHINGTON, D.C.—The United States Chamber of Commerce called government regulation of small businesses "burdensome, costly and confusing" and called on Congress to pass the Regulatory Fair Warning Act (H.R. 881) in testimony before the House Small Business Subcommittee on Regulatory Reform and Paperwork Reduction.
"Many small business owners must comply daily with thousands of pages of regulations – and that's just what is produced at the federal level," said Giovanni Coratolo, Chamber director of small business policy. "If you measure the cumulative effect of all federal, state and local regulations on the small business owner, the task of compliance becomes overwhelming."
The Small Business Regulatory Enforcement Fairness Act only alleviates some of the burden on small business, according to the Chamber. Existing programs need strengthening through new legislation, such as the Fair Warning Act, which would require federal agencies to give small business owners adequate notice of new rules and obligations.
The U.S. Chamber of Commerce is the world's largest business federation, representing more than three million businesses and organizations of every size, sector and region.
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