Rep. Loudermilk (R-GA) issued the following statement after voting to remove regulatory barriers in the way of small business growth:
“Roadblock after roadblock – our businesses are suffering the long reach of big government. Overregulation by the federal government has made it nearly impossible for small businesses to access money to start or grow a business. This bill is a significant step in rolling back overreaching rules and implementing policies that put Main Street America first.”
Background
The Helping Angels Lead Our Startups (HALOS) Act, H.R. 79, clarifies that informal demo days should not be considered as general solicitations, and it allows entrepreneurs to participate in these events without having to check for accredited status.
