Rep. Nydia Velázquez Opposes Small Business Bill HR 4305, Citing Duplication and Lack of Vetting

Opposition to HR 4305

• ⚠️ Representative Nydia Velázquez rises in opposition to HR 4305, the "Unnecessary Misaligned Prohibited Reptate Act," stating it is simply not necessary.
• 💡 She points out that a deregulatory hotline already exists on regulations.gov, making the proposed hotline duplicative and a drain on SBA resources.

Concerns Over Vetting and Independence

• 🔍 Velázquez expresses concern that the proposal has not been vetted properly, as advocacy has failed to provide specific information about the 301+ small business submissions.
• ⚖️ She notes that advocacy has not weighed in with the administration, raising questions about their lack of independence.
• 📊 The bill lacks adequate reporting mechanisms to identify who is making submissions, leaving it vulnerable to abuse and unable to differentiate between small businesses, trade associations, or law firms.

Focus on Benefits and Real Solutions

• 📈 The bill focuses only on the cost of regulations, not their benefits, which Velázquez states greatly outweigh the costs.
• 🤝 She indicates a willingness to work with colleagues if the necessary information from advocacy is provided and the hotline mechanics ensure independence.
• 🎯 Velázquez urges colleagues to oppose the bill and instead focus on real solutions to support small businesses during troubling economic times.