BUSINESS & ECONOMY

Gottheimer pushes to cut red tape for small businesses

BY Raven Santana, Correspondent |

Congressman Josh Gottheimer joined Paramus Mayor Rich LaBarbiera and a vice president from Stew Leonard’s — a new grocery store chain coming to Paramus Park Mall — to promote what he’s calling the Regulatory Improvement Act. It’s a bill that the congressman says will help towns stem the tide of vacant storefronts in the state.

Gottheimer is also proposing an independent commission to review outdated rules and recommend changes at the federal level to cut red tape. The commission must give priority to regulations that impose disproportionately high costs on small businesses, create substantial recurring paperwork burdens or transaction costs.

He says part of the problem is that regulations, inspections and rules are out of date and hold up projects. It in turn sends companies to look for opportunities in other states.

The bill is inspired in part by Paramus’ local master plan which streamlines approval processes. LaBarbiera says the process helps make sure businesses can be up and running as soon as possible. Gottheimer says he will propose an independent commission to review outdated rules and recommend changes at the federal level to cut red tape.