WASHINGTON (Jan. 28, 2015) — The National Federation of Independent Business (NFIB) has commended Rep. Steve Chabot, R-Ohio, for introducing the Small Business Regulatory Flexibility Act of 2015.
The bill “would promote greater input from businesses during the (regulatory) drafting process and thereby produce better regulations,” said Dan Bosch, NFIB manager of regulatory policy, in a Jan. 26 press release.
The Regulatory Flexibility Act would require federal regulatory agencies to include indirect impacts in their assessments of a regulation's overall impact on small businesses, the NFIB said. It also would expand the small business advocacy review panel process to all agencies and clarify the standard for periodic review of rules by federal agencies.
Mr. Chabot has represented Ohio's First Congressional District, in the Cincinnati area, for 18 years.