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As Mainebiz recently reported in the "By the Numbers" section of our Daily Report, a new study shows the state has 119,591 regulations on its books, containing 8.7 million words.
For years, many Mainers have criticized complex state regulations as a roadblock to business. But until recently, there's been little study of how big that roadblock may be.
The analysis, by the Mercatus Center at George Mason University, found a wide range in the complexity of regulations across 44 states. California had the highest number, estimated at 396,000, while 16 states had fewer than 100,000 regs. Maine's total was about in the middle of the range.
(FYI, "By the Numbers" is some of the Mainebiz content available only to subscribers who receive the Daily Report. For subscribing information, click here.)
As Mainebiz recently reported in the "By the Numbers" section of our Daily Report, a new study shows the state has 119,591 regulations on its books, containing 8.7 million words.
For years, many Mainers have criticized complex state regulations as a roadblock to business. But until recently, there's been little study of how big that roadblock may be.
The analysis, by the Mercatus Center at George Mason University, found a wide range in the complexity of regulations across 44 states. California had the highest number, estimated at 396,000, while 16 states had fewer than 100,000 regs. Maine's total was about in the middle of the range.
(FYI, "By the Numbers" is some of the Mainebiz content available only to subscribers who receive the Daily Report. For subscribing information, click here.)
Between the taxes and regulations, they are apt to have companies look elsewhere where they do not have so many obstacles to overcome.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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119,561 regulations on business are too many for any company to fully understand. Add this to Maine's heavy tax rate, and moving our businesses to NH seems to make a lot of sense. How about for every new regulation added that the legislature has to remove two old and out of date ones.