Bill Pascrell: “The Paperwork Elimination Act is an excellent piece of legislation. I believe it will enjoy overwhelming bipartisan…”

“The Paperwork Elimination Act is an excellent piece of legislation. I believe it will enjoy overwhelming bipartisan support. The importance of small businesses in New Jersey cannot be emphasized enough. They are the backbone of the State's economy. Of the 187,000 full-time business firms in New Jersey, 98 percent are small businesses, which are independent businesses with fewer than 500 workers. The aim of this act is to minimize the burden of Federal paperwork on small businesses through the use of electronic information technology. To use an extreme example, some small businesses are required to file forms with up to 50 different Federal, State and local agencies. This is impossible. These bureaucratic demands can strangle a small business. This bill ameliorates this burden by requiring all Federal agencies to provide the option of electronic submission of information to all those who must comply with Federal regulations. I believe it will accomplish the goal that is set out in the summary of the bill. Small businesses play too significant of a role in our economy. We need job creation. We need productivity, and we need expansion. I strongly urge my colleagues to support H.R. 852.”