Rhode Island House Bill H7210

Rhode Island 2022 Regular Session

• Introduced: 1/26/22
• Refer: 1/26/22

Caption

House Resolution Creating A Special Legislative Commission To Study And Review The Impact Of Existing Rules And Regulations On The Creation Of New Businesses, And Provide Recommendations To Revise Laws In Order To Eliminate Barriers (creates A 17 Member Commission To Study The Impact Of Rules And Regulations On New Businesses, And Make Recommendations That Would Eliminate Barriers, And Who Would Report Back By January 4, 2023, And Expire On March 4, 2023.)

Impact

The resolution creates a commission consisting of 17 members, including representatives from various sectors such as business regulation, commerce, and social enterprise. This diverse membership is intended to bring a wide range of perspectives on the regulatory landscape, ensuring comprehensive analysis and recommendations. The commission aims to assess existing policies, analyze the state's innovation ecosystem, and explore methods to enhance business support through improved procurement processes and targeted data collection.

Summary

House Bill 7210 is a resolution that establishes a special legislative commission aimed at studying and reviewing the impact of existing laws and regulations on the creation of new businesses in Rhode Island. This initiative stems from a recognition of the potential for Rhode Island to enhance its entrepreneurial environment, especially in light of a surge in remote work opportunities. The commission's primary goal is to identify and eliminate barriers that may hinder business development, thereby promoting economic growth and innovation within the state.

Conclusion

Ultimately, H7210 positions Rhode Island to better capitalize on emerging economic opportunities through targeted legislative action. By conducting a thorough analysis of regulatory impacts and implementing necessary changes, the state could not only attract new businesses but also foster a more resilient and inclusive economic landscape.

Contention

While the bill has garnered support for its forward-looking approach to economic development, it may encounter challenges related to the implementation of recommendations derived from the commission's findings. Some stakeholders may be concerned about the potential displacement of existing regulations meant to protect certain sectors or communities. There may also be debate about the effectiveness of the commission in representing the needs of all Rhode Island businesses, particularly small enterprises that could be disproportionately affected by state-level changes.