Read NFIB’s positions on government and regulatory reforms that affect small business:

Unnecessary regulation is a perennial cause of concern for NFIB’s members and is particularly burdensome on small businesses, which lack the resources and personnel to keep up. According to NFIB’s Small Business Problems and Priorities, “unreasonable government regulations” ranks as the second largest problem. Unfortunately, the regulatory burden on small business continues has continued to grow for decades. Congress and the administration must step in and curtail costly regulations, particularly those that disproportionately affect small businesses.

NFIB Opposes the Corporate Transparency Act/ILLICIT CASH Act »

NFIB strongly opposes the Corporate Transparency Act of 2019 and ILLICIT CASH Act because it imposes even more regulatory burdens on America’s small businesses and establishes an unprecedented intrusion into the privacy and civil liberties of millions of small business owners. This legislation would require every business with 20 or fewer employees to file new paperwork containing sensitive personal information with the Financial Crimes Enforcement Network and allow federal, state, and local law enforcement to access this information to investigate your company for any reason. Failure to comply can result in a $10,000 fine and jail time of up to 4 years in prison.

Regulations Affecting Small Business »

Small businesses are responsible for nearly two-thirds of job growth in this country. However, small business growth is limited by the cost of regulatory compliance. The annual cost per employee of complying with federal regulations is significantly higher for smaller firms than larger firms

Regulatory Reform Legislation Supported by NFIB »

Reforming the regulatory process is one of NFIB’s top legislative priorities. Federal agencies need to do a better job of analyzing the effects of their rules on small businesses and allow more opportunities for small business input. See the regulatory reform legislation that NFIB has supported in the 115th Congress.

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