Commerce, Insurance and Economic Development
Task Force Description
Members of the Commerce, Insurance and Economic Development Task Force believe that economic freedom is the cornerstone of prosperity. The Task Force promotes policies that enhance competitiveness, promote employment, encourage innovation and limit government regulations imposed on business. The Task Force develops model policy to facilitate the implementation of these policies in the states and educates ALEC members through Task Force meetings, issue briefings, policy papers, and special workshops.
Major Issues
Transportation and Infrastructure—The Commerce, Insurance and Economic Development Task Force encourages the use of public-private partnerships (P3s) related to transportation infrastructure. P3s—mutually beneficial contracts between government and private sector entities to deliver public services—accelerate delivery schedules, decrease costs, and transfer risk away from the government. Members of the Task Force also support policies that give states the flexibility to determine how best to utilize their transportation dollars. This keeps decision-making in the hands of those who best know the intricacies of their state’s transportation infrastructure needs, thus providing better services at a lower cost.
Labor and Employment Reform—The Commerce, Insurance and Economic Development Task Force’s model policies on labor preserve freedom of association for employees while protecting worker choice and taxpayer dollars. To those ends, Task Force model policies promotes collective bargaining transparency, secret ballot elections, and employee choice regarding union involvement.
The Task Force also examines the effects of overly burdensome occupational licensing requirements on the economy and supports policies that allow individuals to pursue lawful occupation free from occupational regulations unrelated to public health and safety.
Financial Services—An area of policy that affects most Americans every day, the insurance, banking and lending industries are home to thousands of complex regulations. Members believe that in many instances, over-regulation of a financial tool lessens its availability and ultimately harms the consumers the regulation was intended to protect. For that reason, members of the Task Force work on model policies that allow free markets to flourish while protecting consumers.
Good Governance Practices—To ensure Americans receive the most return on their taxpayer investment, state governments should operate with transparency, accountability, and efficiency. To achieve these goals, members of the Commerce, Insurance and Economic Development Task Force have passed model policies that identify situations in which private sector involvement can provide public goods and services in a more efficient manner, provide for the detection and elimination of fraud, waste and abuse in government, and require accountability in the regulatory process. These commonsense solutions can limit the size and scope of government by streamlining the process by which the government operates.
Meeting Information
Task Force Meeting Agenda
Thursday, December 1st, 2022
1:45pm – 4:45pm ET
1:45 PM Call to Order
1:50 PM Subcommittee Reports
2:00 PM New Member Introductions
2:10 PM Presentation: Housing Reforms in the Northeast
2:30 PM New Model Policy: Eliminate Economic Boycotts Act
3:15 PM Presentation: Earned Wage Access: Consumer Choice in a New Employee-Based Fintech Industry
3:25 PM Presentation: Repealing the Jones Act
3:35 PM Presentation: Home Equity Theft Across America
3:45 PM Presentation: Corporate Law Reform to Empower Shareholders
3:55 PM Model Policy Amendments: Uniform Worker Classification Act
4:05 PM New Model Policy: Right to Start Act
4:15 PM Presentation: Policies to Strengthen the American Economy
4:25 PM Member Updates and For the Good of the Order
4:45 PM Adjournment
All Model Policies
-
Eliminate Economic Boycotts Act Draft
Section 1: The [name of state] finds that: numerous essential American industries are being targeted for boycotting, divesting, and sanctioning by large corporations and public and private institutional investors; the goal of these colluding parties is to starve targeted industries of capital, restrict their productivity, and redirect that capital to…
-
Amendments to Uniform Worker Classification Act Draft
Section 1. {Short Title.} This Act shall be known as the Uniform Worker Classification Act. Section 2. {Legislative Declarations.} FINDINGS: The Legislature Finds: (A) Recent developments in the workforce marketplace, and in particular with the advent of the so-called “gig,” “entrepreneurial,” or “sharing” economy, have highlighted the uncertainty that currently…
-
Right to Start Act Draft
BE IT ENACTED BY THE __________ (GENERAL ASSEMBLY OR LEGISLATURE) OF THE STATE OF __________: This bill shall be known and may be cited as the “Right-to-Start Act.” Section A: Office of Entrepreneurship There is hereby created within the _________ (Department) of __________ (Economic Development or Commerce or Other)…
-
An Act to Prohibit State Contracts with Chinese Government-Owned or Affiliated Technology Manufacturers Final
Definitions (a) As used in this Code section, the term: (1) ‘Company’ means any sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, limited liability company, or other entity or business association, including all wholly owned subsidiaries, majority owned subsidiaries, parent companies, or affiliates of such…
-
Residential Amenities Sharing Act Final
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF __________: SECTION 1. DEFINITIONS (1) “Effectively prohibit” means a local governing body acts or fails to act in a manner that prevents a property owner from using the owner’s property as a residential amenities sharing unit after reasonable compliance with…
-
Overtime Exceptions and Class Actions Prohibition Act Final
Section 1. (A) (A)(1) Except as provided in divisions (B) and (C) of this section, an employer is not required to pay the overtime wage rate under section ______ of the Revised Code to an employee for any time that the employee spends performing any of the following activities:…