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Tuesday, Sep. 2, 2014

Small businesses need recognition

Monday, February 24, 2003

How often have you heard that small businesses are the economic backbone of this country? How often have you heard that small businesses employ the most people in the United States? How often have you heard that small businesses are being choked by federal and state regulations and power-thirsty bureaucrats? How often have you heard politicians say they are going to help small businesses and it's just rhetoric with no follow-through?

Bills have been introduced in the Missouri General Assembly that would create a Small Business Regulatory Fairness Board. Sounds great! ... Under Senate Bill 69 and House Bill 322, this new board would operate within the Department of Economic Development.

According to the sponsors, state Sen. Yeckel and Rep. Brian Baker, the proposed board would provide state agencies with input on proposed small business rules, consider requests from small business owners for review of agency rules, and make recommendations to state agencies and the General Assembly regarding the need for a rule or legislation. The board also would conduct public hearings that would allow small businesses a greater voice in the creation of new regulations.

In other words, small businesses would have a voice that in the end should allow them to be more productive, more profitable, create more jobs, add more tax revenue to the state and improve cash flow to help them grow. ...

Senate and House leadership have placed the legislation among their top priorities. Finally, there is recognition of the importance of small businesses to the state's economy and that they need a strong voice in Jefferson City.

Washington Missourian



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