Senator Marshall Introduces Bill to Ease Burden on Small Business 

Washington, D.C. – U.S. Senator Roger Marshall, M.D. introduced the Small Business Regulatory Reduction Act. Senator Marshall’s legislation protects our small businesses from the financial burden of top-down federal regulations. 

Often, when Washington, D.C. imposes regulations, it comes at a significant cost to our locally-owned businesses. In 2022 alone, complying with regulations cost American small businesses an average of $14,700 (adjusted for 2023 dollars) per employee on their payroll. The Small Business Regulatory Reduction Act alleviates these costs and requires the Administration to submit an annual report to Congress outlining the impacts of regulations on small businesses. 

Senator Marshall’s legislation is cosponsored by Senators Britt (R-AL), Braun (R-IN), Budd (R-NC), and R. Scott (R-FL).

“Washington D.C.’s top-down regulatory approach hurts our small businesses – the backbone of our economy – the most,” Senator Roger Marshall said. “Main Street merchants are constantly under attack from this Administration’s onslaught of regulations and jumping through unnecessary and costly hoops to provide services to our communities. I am proud to join Rep. Beth Van Duyne in fighting for this important legislation that addresses our small businesses’ concerns and stands up to the Administration’s relentless attacks.”

“I’m proud to join my colleagues in introducing this common sense legislation to alleviate burdens on small businesses, who already have to contend with persistently high inflation on top of the Biden Administration’s red tape regime,” said Senator Britt. “From entrepreneurs just starting out to the established, family-owned shops on local Main Streets across our great state and nation, I will continue to fight tirelessly for small businesses and the families they support.”

“We need to cut burdensome regulations on small businesses in order for Main Street to thrive,” Senator Braun said. “I’m proud to join Sen. Marshall on this bill to prevent big government from stacking regulations on top of America’s small businesses without removing any red tape.”

“The SBA’s fundamental purpose is to empower America’s small businesses, not add regulatory burdens,” Senator Budd said. “I’m proud to join Senator Marshall’s commonsense bill to control the regulatory state and help job creators serve their customers.”

Senator Marshall partnered with Congresswoman Beth Van Duyne (R-TX), who introduced this legislation in the House last year. 

“Small businesses in North Texas and millions of entrepreneurs across the country are getting crushed by bureaucratic red tape and more than $1 trillion in new regulatory costs. The Small Business Regulatory Reduction Act will provide much-needed relief to our job creators by preventing the Administration from piling on new regulations without regard for the harmful costs they impose on our nation’s entrepreneurs,” Congresswoman Beth Van Duyne said. “I’m grateful for Senator Marshall’s partnership on this legislation as we stand up for our job creators and fight to preserve the American Dream for the next generation.”

This legislation is based on the Trump Administration policy that required agencies to repeal two regulations for every new one created. This successful policy was repealed by the Biden Administration in 2021.You may click HERE to read Senator Marshall’s full bill.