Today, U.S. Representative Gary Peters (D-MI), Co-Chair of the Congressional Auto Caucus, and U.S. Senator Debbie Stabenow (D-MI), Co-Chair of the Bipartisan Senate Manufacturing Caucus, applauded the signing of H.R. 724, which President Obama signed into law Monday. The bipartisan legislation cuts red tape for Michigan auto dealers and consumers by eliminating a redundant and outdated provision of the Clean Air Act requiring auto dealers to provide consumers with a certificate confirming a vehicle's compliance with the law even though every new model meets that standard.
"This new law is a simple, sensible way to cut red tape and support Michigan's small businesses," said Rep. Peters. "By reducing unnecessary paperwork and repetitive regulations, this bill lets our auto dealers and consumers focus on what matters--finding the right car for themselves and their families."
"This is great news for Michigan. Thanks to Congressman Peters' leadership, we passed a law in a bipartisan way to cut red tape for businesses and consumers," said Sen. Stabenow. "Eliminating redundant paperwork is just common sense and will allow our auto dealers to focus on selling cars and trucks and the needs of their customers."
The bill earned critical support from the National Auto Dealers Association (NADA), the Auto Alliance, the National Association of Minority Automobile Dealers, Global Automakers, and the American International Automobile Dealers Association.
Peters is an outspoken champion for Michigan's auto industry, manufacturing, workers and small businesses. As Co-Chair of the bipartisan Congressional Auto Caucus, Peters has been instrumental in drafting legislation to support the American auto industry. Peters also helped write and pass the Small Business Jobs Act and authored the State Small Business Credit Initiative (SSBCI) which provides necessary credit so that small businesses can grow and create jobs.
Senator Stabenow has led the effort to cut red tape for small businesses, successfully repealing a burdensome regulation that would have increased IRS 1099 paperwork by 2000 percent for 40 million small businesses. Stabenow helped lead the effort in the Senate with Sen. Carl Levin to pass the State Small Business Credit Initiative and the Small Business Jobs Act to spur lending to small businesses and boost job growth. Earlier this year, the U.S. Treasury Department announced that Michigan is the number one state in the country in State Small Business Credit Initiative lending.