SBA Administrator Encourages Small Businesses to Comment on Changing Federal Regulations

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U.S. Small Business Administration
U.S. Small Business Administration

Administrator Linda McMahon, head of the U.S. Small Business Administration (SBA), is encouraging small businesses to comment on the Federal Register notice posted earlier this month. The notice is in response to President Trump’s Executive Order 13777, which aims to ease the burdens placed on America’s small businesses. 

Under this executive order all federal agencies are required to designate a regulatory reform officer and develop a process of evaluating their existing regulations and determine which ones should be repealed, replaced or modified. 

“As I travel the country meeting with small business owners, I hear over and over again about the volume of regulations they must comply with and how difficult it is to manage the burden. So, I’ve appointed a taskforce here at SBA to help identify SBA regulations that need to be changed or eliminated.” McMahon said. “Your feedback will help SBA do its part to identify which SBA regulations may be impeding small business economic growth, innovation and job creation.”

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Puerto Rico and U.S. Virgin Islands District Director Yvette T. Collazo said: “We ask small business owners in the Puerto Rico and Virgin Islands communities to express their concerns and experiences regarding federal regulations that have an impact on their businesses, so that we may continue working toward improving the economic environment in which they can prosper.”

Small businesses may post comments on www.sba.gov/ReducingRegs until Oct. 16, 2017.

For questions concerning the notice, contact Holly Turner, 409 Third Street, SW, Washington, D.C. 20416; or e-mail holly.turner@sba.gov

About the U.S. Small Business Administration

The U.S. Small Business Administration (SBA) was created in 1953 and since January 13, 2012 has served as a Cabinet-level agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation.  The SBA helps Americans start, build and grow businesses.  Through an extensive network of field offices and partnerships with public and private organizations, the SBA delivers its services to people throughout the United States, Puerto Rico, the U.S. Virgin Islands and Guam. www.sba.gov.

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