NFIB joins coalition letter requesting legislative action to strengthen the RFA

WASHINGTON, D.C. (Feb. 2, 2024) ÔÇô The National Federation of Independent Business (NFIB), the nationÔÇÖs leading small business advocacy organization, took a significant step by sending a letter to leaders of the House Committee on Small Business and the House Committee on the Judiciary. They requested legislative action to strengthen the input of small businesses in federal regulatory processes. The move comes as small businesses continue to face disproportionate impacts from federal regulations, prompting the NFIB to call for action to address loopholes that allow federal agencies to downplay or ignore the impact of regulations on small businesses.

This step has been welcomed by industry experts, with NFIB Director of Government Relations Josh McLeod emphasizing the importance of Congress prioritizing legislation that reinforces the intent of the Regulatory Flexibility Act (RFA) and creates an environment conducive to the growth and success of Main Street businesses. McLeod emphasized, ÔÇ£On behalf of small businesses across the country, NFIB urges Congress to prioritize legislation that reinforces the intent of the Regulatory Flexibility Act (RFA) and encourages an environment where Main Street businesses can grow and thrive.ÔÇØ

In line with this initiative, NFIBÔÇÖs Small Business legal Center released a comprehensive White Paper on the RFA titled, ÔÇ£The Regulatory Flexibility Act: Turning a Paper Tiger into a Legitimate Constraint on One-Size-Fits-All Agency Rulemaking.ÔÇØ The White Paper delves into the importance of the Regulatory Flexibility Act (RFA), highlighting the lack of RFA compliance by administrative agencies and outlining the necessary steps that todayÔÇÖs Congress can take to reinvigorate the RFA.