The Maryland Chamber supports legislation that would potentially ease the regulatory burden on Maryland’s small businesses.
The bill, HB 449, would require that when state agencies issue regulations that have a meaningful impact on small business, the economic impact analysis must include a description of less intrusive or costly alternatives, and an assessment of the effect of exempting small businesses from all of part of the regulation.
This legislation would require state agencies to better evaluate the impact of their regulations on small businesses
“Rather than a one size fits all approach to regulation, state agencies would be able to exempt small businesses from certain requirements, or develop less costly alternatives to the regulation,” Maryland Chamber Vice President of Government Affairs Ron Wineholt said. “With more than 400 new regulations issued each year, state agencies should look for ways to help small businesses, not impose new burdens.”