May 19

Senate Bill 1 (SB 1) would require state agencies to review and reduce regulatory restrictions incrementally by December 31, 2022.  GCP Vice President of Government Advocacy, Sante Ghetti, testified on behalf of our members in support of the bill in late February, stating regulatory restrictions should continually be evaluated and focus on consistency and predictability – especially for small or middle-market businesses that may struggle to comply. 

As stated in the 2019 - 2020 Public Policy Agenda, GCP members believe regulatory challenges should not prevent future entrepreneurs from starting their own businesses and that policymakers should act to reduce the complexity of compliance to ensure enterprises are not disproportionately burdened. 

On May 8, the legislation passed the Ohio Senate. Among other provisions that were added to the bill that passed last week, the substitute version of SB 1 clarified the formula for calculating the net reduction of regulatory restrictions. SB 1 now heads to the Ohio House of Representatives for further consideration and GCP will remain engaged.

Read the full testimony.