- 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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