LA Small Business Protection Act Launched To Inform Business Owners Of Potentially Negatively New Regulations
Feb 06, 2020 01:21PM
By News Desk
BATON ROUGE, LA. — Louisiana Secretary of State Kyle Ardoin has announced the rollout of the
Small Business Protection Act (SBPA). Passed in the 2019 Legislative Session, the Small Business Protection Act helps to make business owners aware of proposed regulations that could negatively impact their companies.
According to recent government data, Louisiana small businesses are responsible for employing
nearly one million state residents and account for 99.5% of all Louisiana businesses. Unfortunately, onerous government rules and regulations have often made it too difficult for small business owners to do what they do best-run their businesses.
Secretary Ardoin praised the legislation, stating, “Small businesses are the backbone of Louisiana’s economy, and we are always looking for ways to help businesses succeed in Louisiana. The Small Business Protection Act is the latest tool to help in this effort.”
Under the SBPA, the Secretary of State’s office has created a database of both current and proposed rules and regulations. This will allow businesses to provide input before regulations take effect, rather than forcing businesses to react to regulations.
The Small Business Protection Act took effect on February 1, the database is live now. Businesses
can register for updates and view the database at www.smallbiz.sos.la.gov.