You are here:HomeNews CenterInsurance News2012PIA Lauds Rep. Fincher for Action to Reduce Burdens on Small Business

PIA Lauds Rep. Fincher for Action to Reduce Burdens on Small Business

PIA National is lauding Rep. Stephen Fincher (R-Tenn.) for his successful efforts to reduce regulatory burdens on small businesses – including insurance agencies
April 17, 2012

PIA National is lauding Rep. Stephen Fincher (R-Tenn.) for his successful efforts to reduce regulatory burdens on small businesses – including insurance agencies. Rep. Fincher, a member of the House Financial Services Committee, was the sponsor of the Jumpstart Our Business Startups (JOBS) Act which was signed into law by President Obama on April 4. It cuts unnecessary regulations on small businesses and raises the prospect that it could fuel business growth and spur demand for business insurance.

This was one of the few bipartisan economic bills enacted recently. It passed the Senate by a 76-23 vote and by a 380-41 margin in the House. Republicans, including House Majority Leader Eric Cantor (R-Va.), joined Obama at the signing ceremony.

“Onerous federal regulation and burdensome taxes are a one-two punch for PIA members who are independent insurance agents and who own and operate small businesses. PIA will continue its fight on Capitol Hill for additional legislation that unties small businesses from such requirements and ensures prosperous growth. We thank Congressman Fincher for moving this bipartisan legislation through a deadlocked Congress, all in the interest of the free market system.”

Filed under: