The Ohio Chamber was pleased to see the signing of Senate Bill 9 by Govenor Mike Dewine last Thursday, as it will bring about sweeping regulatory reform to Ohio’s business climate.
Regulatory restrictions are any rule that contain the words; shall, must, require, shall not, may not, or prohibit. These types of words occur in rules that are stifling businesses in Ohio. Consistently, our members, when surveyed, put state regulations near the top of their concerns. This bill takes a massive step forward in ending that issue.
The 30 percent overall reduction of regulatory restrictions coupled with removing two existing regulations for every new one regulation will help to eliminate hurdles for Ohio businesses, as well as promote a more pro-business regulatory environment.
Senate Bill 9 was on the top 10 priority list for the Ohio Chamber, you can read the full list here.