Washington, DC – Representative Reid Ribble introduced his first piece of legislation today, HR 1281, The Restoring Economic Certainty Act of 2011. The bill places a 24-month moratorium on the majority of new regulations promulgated by agencies giving small businesses certainty to move forward and create jobs.

The goal of this bill is to provide confidence to small businesses, which create the overwhelming majority of jobs in America, that they will not be overly burdened during a time when our economy is trying to recover.

“I’m calling on Congress to enact a regulatory cooling off period; let’s give America’s small businesses a chance to catch their breath and get back on their feet. As a 35 year small business owner, I’ve seen firsthand the harmful impact that government regulations and uncertainty can have on job creation,” Ribble said. “If small businesses can know that they will not be punished by unelected federal bureaucrats with additional burdensome regulations, our economy can begin to grow again and create jobs.”

Practical exceptions were made in the bill for emergency and disaster rules in such areas as aviation safety and Homeland Security. Additional exceptions were made for rules that have the force of reversing or wiping out a current regulation.

The bill currently has 13 co-sponsors.
 

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