House subcommittee plans marine industry discussion

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A U.S. House subcommittee hearing titled "Sinking the Marine Industry: How Regulations are Affecting Today's Maritime Businesses," will be held at 10 a.m. Thursday in Room 2360 of the Rayburn House Office Building.

The Subcommittee on Investigations, Oversight and Regulations of the House Committee on Small Business will address federal policy and regulatory impediments for small businesses in the marine industry.

The wide-ranging discussion will examine regulatory actions by the Department of Labor; planning and permitting processes for the Army Corps of Engineers’ maintenance of navigable waterways; and the intrastate taxation of small businesses.

Specifically, the hearing will examine these issues in the context of job creation and economic growth within the small-business segment of the maritime industry.

An opening statement will come from subcommittee chairman Rep. Mike Coffman, R-Colo.