By Jefferson City News |
Apr 18, 2024
Congressman Blaine Luetkemeyer (MO-03) has introduced the Regulatory Transparency for Small Businesses Act, a bill aimed at addressing the impact of overregulation on small entities. The bill requires federal agencies proposing regulations to disclose the approximate number of small entities affected, NAICS Codes for related industries, and the cost per small entity, along with the data used for this determination.In a statement, Congressman Luetkemeyer highlighted the financial burden placed on small businesses by overregulation, stating, "On top of record inflation,...