Virginia Senate Bill SJR258

Virginia 2025 Regular Session

• Introduced: 1/7/25
• Refer: 1/7/25
• Report Pass: 1/24/25
• Engrossed: 1/29/25
• Refer: 2/5/25

Caption

Virginia's manufacturing sector; JLARC to update its 2016 study of the impact of regulations.

Impact

This bill mandates JLARC to evaluate the costs of compliance to both federal and state regulations for manufacturers in Virginia. It specifically outlines the expectation for JLARC to determine how current compliance costs have changed since the last study, while also exploring whether Virginia's regulations exceed federal standards. The importance of this study is underscored by previous findings that indicated a substantial loss of jobs in manufacturing and the pressing need for Virginia to retain competitiveness within the regional market.

Summary

SJR258 directs the Joint Legislative Audit and Review Commission (JLARC) to update its previous study from 2016 that assessed the impact of regulations on Virginia's manufacturing sector. The resolution stems from concerns about the economic state of the manufacturing industry in Virginia, which has seen significant job losses in past decades due to regulatory burdens in comparison to manufacturers in other states. By updating this study, the bill aims to provide current data that can inform the General Assembly's regulatory policies and decisions for the manufacturing sector.

Contention

One notable point of contention regarding SJR258 is the concern about balancing economic vitality with necessary regulatory measures. Proponents argue that reducing compliance costs could lead to job growth and economic revitalization in the manufacturing sector. Conversely, critics may argue that easing regulations could compromise workplace safety, environmental standards, and other critical areas that protect employees and the public. This debate mirrors broader discussions on the role of government in regulating industries while fostering a business-friendly environment.