H.R.3137 - Small Business Freedom of Commerce Act of 2011

To permit small business concerns operating in the United States to elect to be exempt from certain Federal rules and regulations, and for other purposes. view all titles (2)

All Bill Titles

  • Official: To permit small business concerns operating in the United States to elect to be exempt from certain Federal rules and regulations, and for other purposes. as introduced.
  • Short: Small Business Freedom of Commerce Act of 2011 as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
10/06/11
 
 
 
 
 
 
 

Official Summary

Small Business Freedom of Commerce Act of 2011 - Allows a small business operating in the United States to elect to be exempt from any federal rule or regulation issued on or after January 20, 2009. Requires the small business to notify the federal agency that issued the rule or regulation

Official Summary

Small Business Freedom of Commerce Act of 2011 - Allows a small business operating in the United States to elect to be exempt from any federal rule or regulation issued on or after January 20, 2009. Requires the small business to notify the federal agency that issued the rule or regulation that it has elected such exemption, and makes the exemption effective 30 days after such notification. Requires an exempt small business to:
(1) label any product affected by the exemption as no longer subject to such rule or regulation, and
(2) include in any communication relating to the affected product or activity a notice that it is no longer so subject. Provides penalties for small business noncompliance with such requirements. Prohibits a small business from electing to be exempt from a rule or regulation issued by the Department of Defense (DOD) or Homeland Security (DHS) if the Secretary of Defense or Homeland Security has determined that the rule or regulation is necessary for U.S. security.

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