South Carolina Chamber of Commerce representatives added their signatures to a recent letter to the U.S. Senate Committee on Homeland Security and Governmental Affairs that urged the committee to back S.2006, also known as the Regulatory Accountability Act.
In signing onto the letter, the chamber joined several organizations from across the nation to support the measure that will make the federal regulatory process more transparent and the people involved in it more accountable.
"Updating an antiquated regulatory process is not only common sense, it is good for business,” South Carolina Chamber President Ted Pitts said. “The South Carolina business community calls for the United States Senate to follow the House’s lead and quickly pass the Regulatory Accountability Act. At a time when federal regulations are costing American businesses over $2 trillion, it’s well past time for some reform.”
S.2006 made it through the House of Representatives on Jan. 13. Rep. Tom Rice (R-SC) is the bill's co-sponsor.
The South Carolina Chamber of Commerce was the nation’s first state chamber accredited with distinction by the U.S. Chamber. More than 18,000 businesses and 1 million employees are represented by the organization. For more information about S.2006 or the South Carolina Chamber, log on to www.scchamber.net.
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