Lake Murray Irmo Rotary Club meets every Wednesday morning at 7:30 Seven Oaks Park, 200 Leisure Lane, Columbia SC 29210
Saturday, June 10, 2006
Wed June 14th
Last Meeting
June 14, 2006
Reporter – John Hanson
President-Elect Molly Cousins called the meeting to order and the invocation was given by Nathan Ballentine. The Pledge of Allegiance followed. Harvey Hoots introduced the visiting Rotarians and guests. Mr. Doug Smith was introduced as a special visiting Rotarian all the way from Belfast, Maine. Lyman Whitehead then entertained the group with his seemingly never-ending supply of jokes. The meeting then proceeded with a list of announcements about various up coming Rotary functions.
Molly announced that there are still some vacancies in the July program schedule. Rotarians who have ideas on speakers for July should contact Beetle Bailey. Beetle’s e-mail address is beetle@sc.rr.com.
Molly also announced that Susie Hamm and Chris King have been proposed as new members. Susie is Vice President of Business Development for J. M. Grace Company and is being sponsored by Harold Crawford. Chris King works for SCB&T and is being sponsored by Bill Danielson.
Skey Caskey announced that our fishing tournament will be held this weekend and he needs 8 to 10 volunteers to help Friday and Saturday. The awards ceremony will be held at 6:00PM on Saturday at the Carolina Wings parking lot.
John Adair distributed an invocation list for the coming year and asked for any volunteers who would like to assist with this vital part of our meetings.
The speaker for the day, Mr. Monty Felix was introduced by Molly Cousins. Mr. Felix is the incoming President of the St. Mathews Rotary Club, owner of Alaglass Pools and Chairman of the Small Business Regulatory Review Committee.
Mr. Felix spoke about the Small Business Regulatory Review Committee which was formed as part of the Regulatory Flexibility Act signed by Governor Sanford in 2004. The Act requires state agencies to insure that regulations don’t unfairly impact small businesses in South Carolina. In South Carolina, small businesses are those with less than 100 employees. These businesses comprise 90 to 95 percent of South Carolina’s economy.
The Review Committee consists of 11 members who are all business leaders and two ex-officio members who represent the Legislature. The Committee reviews regulations proposed by state agencies each month and each member gives their assessment of the impact the proposal will have on small business. It is estimated that small businesses spend approximately $7,000 per employee, per year complying with various state regulations. Once the regulations are reviewed, the committee notifies the appropriate business association to monitor the regulation as it proceeds through the ratification process. If a particular issue is raised and cannot be resolved with the agency, the Committee can request a hearing, a review by the State Budget and Control Board or the Legislature.
The meeting concluded with a Happy Dollar session.
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