WASHINGTON, D.C. – Congressman Robert Hurt (R-Virginia) released the following statement after voting in favor of H.R. 527, the Small Business Regulatory Flexibility Improvements Act, which would strengthen and modernize the Regulatory Flexibility Act to ensure agencies adequately analyze proposed rules for their potential impacts on small businesses:
"Our Main Street businesses are the backbone of our local economies and are essential to providing the jobs and economic growth the Fifth District needs. In recent years, small businesses have generated almost two-thirds of new jobs, but they labor under the increasing burden of federal regulations which impede their ability to invest in their communities and create jobs. The federal government far too often forces these harmful rules and regulations on Main Street businesses without adequately considering the negative impact they will have on our most dynamic job creators. While the country has begun to experience modest economic growth, unemployment remains too high in Virginia's Fifth District, and we must do all we can to remove unnecessary federal regulations as a barrier to job creation.
"This commonsense legislation would modernize our regulatory process by increasing transparency and giving small businesses the ability to ensure that the government better understands the impact of new rules. I was pleased to see this bill pass the House with bipartisan support, and I urge our colleagues in the Senate to pass this bill and continue working with us to advance policies that will spur job creation and economic recovery."