The National Federation of Independent Business (NFIB) urged House leadership to fast-track a bill blocking the Executive Branch from finalizing costly business regulations after Election Day.
“Small businesses are typically an afterthought when bureaucrats are rushing to finalize new rules and regulations,” said NFIB Vice President of Public Policy Amanda Austin. “We’re grateful that House Oversight is thinking ahead to later this year. For a small business owner, the normal flow of rules is already like drinking from a firehose. Midnight regulations threaten to drown them in a sea of poorly written red tape.”
The measure, H.R. 4612, introduced by Rep. Tim Walberg (R-MI), was marked up today by the House Oversight Committee. It would place a moratorium on the finalization of new regulations during “lame-duck,” the period of time between Election Day and the arrival of a new administration.
“That’s the witching hour for the regulated community,” said Austin. “The twilight of an administration is often when agencies try to slip through costly new rules without much time for comment or analysis.”
Companion legislation, S. 2582, was introduced by Sen. Joni Ernst (R-IA) and Sen. Ron Johnson (R-WI), the Chairman of the Senate Committee on Homeland Security and Governmental Affairs.
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