Federal Agencies Disregard Law That Protects Small Business
On this week’s episode of the Small Business Rundown, NFIB member David Henrich joins expert NFIB staff to discuss the Regulatory Flexibility Act (RFA). They talk about how federal agencies often fail to abide by it and what it means for small businesses. The RFA is meant to address the disproportionate impact of federal regulations on small businesses by requiring the agencies to consider, and take into account, the needs and resources of small business when making procedures. They discuss the timeline of the RFA since it went into effect in 1981, why lack of compliance leads to one-size-fits-all regulations, and how these regulations hurt small businesses on a daily basis.
To learn more about legislation in Congress that would protect small businesses by enforcing the RFA take action here: https://www.nfib.com/advocacy/now/?vvsrc=%2fCampaigns%2f105282%2fRespond
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