Dale Bumpers: “I am pleased to cosponsor S. 942 and the pending managers' amendment with the distinguished chairman of our committee…”

“I am pleased to cosponsor S. 942 and the pending managers' amendment with the distinguished chairman of our committee, Senator Bond. This bill is one of the most significant accomplishments of the 104th Congress, and it is one of the best bills for the small business community in the last 15 years. It is important because it resolves major concerns to the small business community that have been unresolved for many years. And, it follows by less than 1 year the conclusion and recommendations of the 1995 White House Conference on Small Business. Senators who support this bill can say to their small business constituents, 'We not only hear you; we agree with much of what you are saying, and we are responding.' With this bill, Senators can do more than give platitudes for small business. We can do something that will effect the lives of every business owner who deals with a Federal regulator. S. 942 makes important, positive changes in two statutes which grew out of the 1980 White House Conference on Small Business: The Regulatory Flexibility Act and the Equal Access to Justice Act.”