Zach Nunn: “such a display of strong support for the Regulatory Flexibility Act has a very long history within the small business…”

“such a display of strong support for the Regulatory Flexibility Act has a very long history within the small business community, going back to the late 1970's. The Regulatory Flexibility Act of 1980 has been looked upon as the small business community's first line of defense with regard to the burdens of Federal regulations. Recognizing that the effective functioning of government certainly requires regulations, the Regulatory Flexibility Act was designed to compel agencies to analyze their proposed regulations, with opportunities for public participation, so that the final regulation imposes the least burden on small businesses. Mr. President, given my focus today on the needs of the small business community, my remarks may suggest to my colleagues that the Regulatory Flexibility Act offers protections only to small business. In fact, the act's protections are available to a fairly broad range of small entities in addition to small businesses, including small units of local government, educational institutions, and other not-for-profit organizations.”