Frankfort, KY – There are currently more than 4,500 administrative regulations in Kentucky. For decades, they have been put into place by state agencies to address problems, shortcomings, issues or other matters that state leaders deemed appropriate to regulate. However, what happens to regulations that become obsolete, or when different regulations conflict, or when a regulation simply is not needed anymore? Currently, the answer is nothing.
Those regulations cost businesses money and time. That cost is then extended to consumers, who pay extra for what is often, unnecessary. There are more than 4,500 state regulations on the books in Kentucky, and approximately 85 percent of them have never been reviewed for effectiveness or ongoing need. They simply stay on the books, year after year, and regulators are required to enforce them. However, that is changing.
Governor Bevin has created the Red Tape Reduction Initiative in an effort to review every regulation currently on the books. The goal is to eliminate those regulations deemed unnecessary or duplicative, simplify those considered too complex, and judge each for intent and effectiveness.
Many regulations are necessary, however eliminating those that are not will allow businesses to spend more time understanding and complying with those that are essential and justifiable. Also, public safety and security will not be hindered by this regulatory review process. Quite simply, it is an effort to reduce the amount of red tape that exists within the government.
The bottom line intent of the Red Tape Reduction Initiative is threefold:
- To help spur job creation and investment
- To change the attitude of government from regulation makers to regulation managers (Customer Service)
- To get government off the backs of Kentuckians
While this initiative will help business, it also will help the general public because excessive regulation drives up the cost of the things we buy. Governor Bevin wants input and suggestions from all Kentuckians – not just businesses. Suggestions on regulations that should be reviewed can be submitted on the Report A Reg page.
Periodic updates will also be available on the progress of this initiative.
The official website, RedTapeReduction.com, features an overview of the initiative, resources, news on the issue, and testimonials from supporters in the state – including Kentucky Chamber of Commerce President and CEO Dave Adkisson. Adkisson says “One of the things we hear most from our members is about the burden of over-regulation. I think this Red Tape Reduction Initiative that Governor Bevin and his administration have launched will be a tremendous opportunity for businesses to cite specific regulations that make it difficult for them to keep their doors open and to employ Kentuckians.”
A key feature of the website is the “Report a Regulation” form where the public can identify burdensome regulations and offer suggestions for improvement. The Frankfort Area Chamber is encouraging our members and businesses in Frankfort and Franklin County to utilize the Red Tape Reduction website to report the things that they feel are a barrier to their business and could be fixed.
The Frankfort Area Chamber also encourages our area business to provide the Chamber office with a list of regulations that hinder doing business locally and statewide. Please share your input to the Chamber office at 502-223-8261 or email@example.com. The Chambers’ Public Policy Council will continue our work to be the voice of business in our community.