Situations like this one made paperwork compliance one of the top concerns reported by delegates to the 1995 White House Conference on Small Business. The legislation we are proposing would add some new provisions to the Paperwork Reduction Act to address these concerns. It is the next step in regulatory relief, consistent with President Clinton and Vice President Gore's Reinventing Government Initiative. In 1995, the President sent a memo to the agency heads instructing them waive fines for small businesses so that they could correct their mistakes. Our bill simply builds on the President's directive and would make it law.
Small businesses are the driving force behind our nation's economy.
More than 99 percent of employers are small business owners. This legislation would give these hardworking Americans a break on government paperwork and make it easier for them to grow and create more jobs.