Mississippi’s Occupational Licensing Review Commission, adopted in 2016, is a great step to reigning in the regulatory arm of the state, but is limited to new regulations only. This would give the Commission – which is made up of the governor, attorney general, and secretary of state – the ability to review any existing regulation and to act upon it if it does not:
Today, Mississippi has more than 117,000 regulations, which numerous empirical studies show to have a detrimental effect on economic growth. Mississippi also licenses 66 low-and-middle income occupations. According to a recent report from the Institute for Justice, Mississippi has lost 13,000 jobs because of occupational licensing and the state has suffered an economic value loss of $37 million.
This change would help the state continue the stated goals of decreasing our regulatory burden and increasing economic opportunities.
MCPP has reviewed this legislation and finds that it is aligned with our principles and therefore should be supported.
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