When doing research on this step, I couldn't get too far. Rhode Island has regulations for EVERYTHING, from hand washing to which direction right and left is.
Okay, I'm joking but it really did feel that way. My point is, RI has so many regulations that if I wanted to go through them all, I would have to take a month out of work.
And therein lies the problem.
The most important part of this plan is to attract businesses to our state. Everything hinges on it. This step focuses on making it not only easier for businesses to operate in our state but also cheaper.
The Governor recently established the Office of Regulatory Reform in 2010. It has yet to actually start to do it's job. and like most Rhode Island governmental offices hasn't actually accomplished anything but spend money.
The first part of this step is to actually put to Office to work. They would have one quarter (3 months) to put forth a proposal to the RAC (see below). Once the 3 month period has expired, whether or not they put forth the mandated proposal, the office will be subject to the demands of, and actually become the staff to... the RAC.
Concurrent with that activity, the Governor's office, members of the Legislature (One selected by each body), members of the Chamber of Commerce (who will provide the Chairperson), and members of the National Federation of Independent Business will form the Regulatory Action Committee (RAC).
Their formation must be complete by the second month of this plan being enacted in order to receive the recommendation of the Office of Regulatory Reform and review it.
They are then tasked to further reduce the amount of strain on businesses by further streamlining regulations, the costs associated with them and review the business licensing laws with the purpose of lessening the burden of RI licensing Constraints.
They have six months after the receipt of Office of Regulatory Reform's proposal to put forth a bill to enact these reforms before the Rhode Island Legislature.
If, after 9 months, no bill has been proposed to the legislature. ALL Regulations will be considered null and void, and licensing will be reduced to one license with a fee of no more than $1,000 a year for any business to operate within the boundaries of the state.
I know some of you may think that is a bit harsh. The reason for it is to force the RAC to act in a timely manner and put forth at least an initial proposal of Regulations and License Reform on items they can all agree on, which would be the Regulations and Licenses in most obvious need of reform or abolishment.
The RAC will remain established for an additional year in order to propose further reforms on items that need more time to debate due to their more contentious nature.
The bottom line is that the RAC's sole purpose is to make it more inviting for Businesses to open up shop in our state. It should be as apolitical as possible.
Okay, I'm joking but it really did feel that way. My point is, RI has so many regulations that if I wanted to go through them all, I would have to take a month out of work.
And therein lies the problem.
The most important part of this plan is to attract businesses to our state. Everything hinges on it. This step focuses on making it not only easier for businesses to operate in our state but also cheaper.
The Governor recently established the Office of Regulatory Reform in 2010. It has yet to actually start to do it's job. and like most Rhode Island governmental offices hasn't actually accomplished anything but spend money.
The first part of this step is to actually put to Office to work. They would have one quarter (3 months) to put forth a proposal to the RAC (see below). Once the 3 month period has expired, whether or not they put forth the mandated proposal, the office will be subject to the demands of, and actually become the staff to... the RAC.
Concurrent with that activity, the Governor's office, members of the Legislature (One selected by each body), members of the Chamber of Commerce (who will provide the Chairperson), and members of the National Federation of Independent Business will form the Regulatory Action Committee (RAC).
Their formation must be complete by the second month of this plan being enacted in order to receive the recommendation of the Office of Regulatory Reform and review it.
They are then tasked to further reduce the amount of strain on businesses by further streamlining regulations, the costs associated with them and review the business licensing laws with the purpose of lessening the burden of RI licensing Constraints.
They have six months after the receipt of Office of Regulatory Reform's proposal to put forth a bill to enact these reforms before the Rhode Island Legislature.
If, after 9 months, no bill has been proposed to the legislature. ALL Regulations will be considered null and void, and licensing will be reduced to one license with a fee of no more than $1,000 a year for any business to operate within the boundaries of the state.
I know some of you may think that is a bit harsh. The reason for it is to force the RAC to act in a timely manner and put forth at least an initial proposal of Regulations and License Reform on items they can all agree on, which would be the Regulations and Licenses in most obvious need of reform or abolishment.
The RAC will remain established for an additional year in order to propose further reforms on items that need more time to debate due to their more contentious nature.
The bottom line is that the RAC's sole purpose is to make it more inviting for Businesses to open up shop in our state. It should be as apolitical as possible.
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