The Platte Institute claims regulations are a drag on the state economy and it is backing legislation this session which would cut state red tape.
One bill would give the governor’s administration wide-ranging power to cut regulations. Another reduces regulations on Airbnbs and a third reduces the number of occupational licenses required.
Sen. John Murante of Gretna says regulations keep small businesses from expanding.
“Big multi-national corporations can absorb the cost of government regulations,” Murante tells Nebraska Radio Network. “It’s the small businesses that get crushed with overly burdensome regulations.”
Murante sponsors LB 948, which would give the administration broad power to reduce a number of regulations.
A study released by the Platte Institute claims Nebraska has far too many regulations for a state with its population. The Mercatus Center at George Mason University analyzed Nebraska regulations and found the Nebraska Administrative Code contains more than 100,000 restrictions. The study found the state charges more than $300 million for fees, licenses, and permits.
LB 756, sponsored by Sen. Adam Morfeld of Lincoln, would reduce state regulations of the home-share market, giving a boost to the growing Airbnb business in Nebraska. Morfeld says his bill would removing outdated regulations and help move the state into a 21st Century economy.
A third bill, LB 299 sponsored by Sen. Laura Ebke of Crete, is scheduled to be debated today in the Unicameral. It would create a mechanism to review and analyze the occupational licenses issued by the state of Nebraska, which could lead to the reduction of licenses required. Nearly 200 jobs require a governmental license in Nebraska.
Nicole Fox with the Platte Institute says regulations stifle creativity.
“Thinking about someone wanting to start a business. It takes a lot of money sometimes; it’s risk, it’s money and we have some bills this session where we’re looking at allowing people to do kind of unique things, unique spins on typical business,” Fox tells Nebraska Radio Network.
AUDIO: Brent Martin reports [:50]