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Regulatory gripe sessions set
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March 24, 1998: 3:43 p.m. ET
SBA, Chamber sponsor meetings to air questions, complaints on regulations
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NEW YORK (CNNfn) - Small businesses with questions or complaints about proposed changes to federal rules will be able to voice those concerns in meetings around the country.
The Small Business Administration and the U.S. Chamber of Commerce are sponsoring a series of meetings allowing businesses to comment on the various federal agencies that regulate them. (For a complete hearing schedule, call 888-734-3247.)
The hearings are a follow-up to a similar series held last year around the nation. They were implemented following the passage of the Small Business Regulatory Enforcement Fairness Act of 1996, which requires federal regulatory agencies to examine a proposed rule's effect on small business and to rewrite the regulation if it would have a significantly adverse impact.
Presiding over the meetings will be one of the 10 regional small-business regulatory fairness boards composed of representatives from small businesses across the nation.
The act includes a provision that allows Congress to delay the implementation of major regulations for 60 legislative days after the final rules are drawn up. The act defines major rules as those having an economic impact of $100 million or more. After reviewing the rules, Congress can approve or disapprove them during the 60-day period.
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