Senator Olympia J. Snowe (R-Maine) is calling for small business owners to share their thoughts regarding Small Business Administration (SBA) regulations as the agency reviews existing rules.
You can view The Federal Register announcement in a downloadable PDF file and submit comments via email at http://www.regulations.gov or via mail at U.S. Small Business Administration, Office of the General Counsel, located at 409 Third Street, SW., Washington, DC 20416.
The SBA’s comment period runs until April 13, 2011.
Snowe’s announcement urging comments comes on the heels of her introduction of Bill S.474, which would reduce federal regulations on small businesses. According to a press release from Snowe’s office, “[t]he Snowe-Coburn Small Business Regulatory Freedom Act [co-sponsored by Senator Tom Coburn (R-Oklahoma)] would require all Federal agencies to calculate the direct and indirect economic impact of federal regulations and allow more flexible review periods.”
Senator Snowe stated:
Excessive regulations are suffocating the entrepreneurial spirit of America’s almost 30 million small businesses and, regrettably, small firms with fewer than 20 employees bear a disproportionate burden of complying with these rules. . . . To spur job creation and economic growth, it is incumbent upon every level of government to simultaneously pursue sound incentives and eliminate the laws and policies already on the books that are proven impediments to these objectives. I am encouraged by SBA’s initiative and urge every person who interacts with SBA to provide input. I also call on my colleagues to move quickly to pass the Small Business Regulatory Freedom Act. This will ensure all federal agencies focus on pro-growth policies that cultivate an economic climate ripe for job creation and innovation.
Remember you have until April 13 to let the SBA know how you feel about federal regulations, so start collecting those thoughts!