Relating To The Small Business Regulatory Review Board.
Impact
The proposed changes seek to create a more supportive regulatory environment for small businesses by establishing a clearer process for reviewing rules that could significantly impact their operations. The bill allows the board not only to review agency rules but also to make recommendations regarding legislation. This step may lead to a more streamlined approach in regulations affecting small businesses and aims to reduce the burden of compliance while fostering economic growth and development within the state.
Summary
SB3043, relating to the Small Business Regulatory Review Board, aims to empower the board to assess the implications of proposed or amended rules on small businesses within Hawaii. The bill modifies Section 201M-5 of the Hawaii Revised Statutes, clarifying that the board will review legislation and suggest changes to minimize economic impacts on small businesses. It aims to enhance the voice of small business owners in regulatory proceedings by allowing them to request reviews of rules and legislation that may affect them, ensuring that their interests are considered in the decision-making process.
Sentiment
Discussions surrounding SB3043 have generally been supportive amongst small business advocates who see it as a positive step toward enhancing regulatory oversight and representation in state legislation. Many supporters believe that the bill will empower small business owners by providing a formal avenue for them to influence regulations that directly impact their businesses. However, some concerns were raised about whether the board has the necessary resources to effectively carry out this expanded mandate and whether it will lead to delays in the regulatory process.
Contention
Notable points of contention include the bill's potential to introduce complexities in regulatory proceedings if not properly managed. Critics argue that increasing the board's responsibilities could lead to inefficiencies or the potential for legislative backlog if too many reviews are requested. Additionally, there are concerns about how well the board can balance the interests of small businesses with the need for timely regulatory updates that also serve larger business interests.
A resolution to direct the Clerk of the House of Representatives to only present to the Governor enrolled House bills finally passed by both houses of the One Hundred Third Legislature.