Marc Molinaro: “I thank the chairman for his leadership and yielding for this important bill. I also extend my appreciation to the…”

“I thank the chairman for his leadership and yielding for this important bill. I also extend my appreciation to the ranking member, my colleague from the great State of New York, for her ongoing support. I am proud to speak to this bill this afternoon. Small businesses know that, all too often, more than perhaps any other in this country, when it comes to Federal regulations and the Federal Government, the left hand not only doesn't know what the right hand is doing but the left hand doesn't know there is a right hand. Because of that, it creates a great deal of burden and confusion for small businesses. My bill, H.R. 4668, the POST IT Act, is an important step to make it easier for small business owners to comply with Federal regulations that might otherwise be difficult for them to locate in the first place and then to understand. I am grateful to Ms. Scholten for working together with me on this bill. This bipartisan legislation simply requires Federal agencies to post follow-up guidance on the SBA's Office of the National Ombudsman's website for any regulation that will have a significant impact on small businesses. While there are official guidance documents that are released when rules are initially finalized, over time, agencies often release additional materials related to compliance. This leads to updated policy statements and technical clarifications that ultimately lead to a labyrinth of regulatory confusion and oversight by enforcement.…”