I would like to thank Chairman Graves and Chairman Goodlatte for all of their work. I yield myself as much time as I may consume. Madam Chairman, I rise today in support of my amendment to title III, the Regulatory Flexibility Improvements Act, which will ensure that a requirement under current law, the Regulatory Flexibility Act, or RFA, remains intact. As the 1970s came to a close, Congress took note of the challenges that small businesses were facing. They were struggling to run their businesses while complying with an increasing number of complicated regulations. This led to the passage of the Regulatory Flexibility Act of 1980, which was designed to improve agency rulemaking. Under statute, the Federal Government agencies looking to regulate the private sector must evaluate the costs of doing so on small businesses, and where the costs are found to be significant, seek less burdensome alternatives to their proposed actions. A key piece of the RFA is section 610, the ``look-back'' provision, which requires agencies to periodically evaluate the necessity of every existing regulation that has ``significant'' economic impact on a substantial number of small businesses and determine whether those regulations should be amended or rescinded to minimize burdens on small businesses. As a part of the section 610 review process, agencies must annually publish the list of regulations they plan to review in the Federal Register.…
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