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Governor Signs Small Business Bill
Tuesday May 11, 2004 6:48pm    Posted By: Cathy O'Hara
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Columbia - Governor Mark Sanford (website - news) signed a bill into law Tuesday that could ease the regulatory burdens of running small businesses in South Carolina.

The Small Business Regulatory Flexibility Act establishes a permanent eleven-person committee that will examine the impact of regulations on small businesses.

Sanford says the bill is a big step forward for job creation and economic growth.

The committee will not be able to block new regulations, but can make recommendations for changes.

President of the South Carolina Chamber of Commerce says the act will help small businesses reduce their regulatory overhead and focus on expansion.

Georgia and North Carolina currently have flexibility bills pending in their legislatures.

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