Guest Post:
NFIB Requesting Sensible Regulations During Event at Henry Molded Products, Inc.
LEBANON—On Monday, December 13, the National Federation of Independent Businesses held a rally and informational session for a new coalition, Small Businesses for Sensible Regulations, at Henry Molded Products, Inc. in Lebanon, Pa. This group is seeking to highlight the nearly 4,200 federal rules that are pending, stemming from regulatory agencies such as the US Department of Labor, the Environmental Protection Agency, and the National Labor Relations Board. The annual cost of compliance with all government regulations by small businesses is over $1.75 trillion, and growing.
The coalition, chaired by former US Senator Blanche Lincoln, has a few initiatives it is championing and more information can be found at http://www.sensibleregulations.org/. The group recently visited legislators in Washington, DC, and their efforts were successful in getting bipartisan House passage of the Regulatory Accountability Act (H.R. 3010) and the Regulatory Flexibility Act (H.R. 527). These bills ask for a more stringent review of proposed regulations and forces the agencies to calculate the financial impact on small businesses, including man hours related to compliance. Similar bills are pending in the Senate.
Mr. Douglass Henry, owner of Henry Molded Products, Inc., opened his business to local community leaders, neighboring businesses, and members of the media to show how the raw product of waste cardboard becomes packing materials for satellite dishes
and biodegradable plant pots. It is an incredibly high tech operation with much of the innovation coming from in-house and a commitment to environmentally friendly production that tries to account for every drop of water and each BTU of heat. Some of
the new regulations being proposed, especially for boiler stack emissions, will be a huge cost with zero economic benefit and may include technology that has yet to be invented to attempt compliance.
Kevin Shivers, state director for the NFIB, highlighted the importance of knowing what regulations are being proposed and how they will impact your company, but the reality is, most business owners don’t know about a regulation until they are visited by a regulator.
This results in fines and penalties instead of trying to proactively assist business owners with implementation.
Anyone interested in joining the coalition should visit their website for more information and make your voice heard.
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