Key Points
  • Consumer banking policies should encourage the increased availability of financial tools to unbanked and underbanked consumers, offer consumers a wide variety of investments and other financial services and enact safeguards to limit banks’ involvement in high risk investments.
  • Policymakers should prohibit political subdivisions from enacting lending ordinances or rules that would prevent persons from doing business with a political subdivision based on restrictions on lending practices.
  • The elimination of excessive housing regulations and increasing the production of affordable housing through free market mechanisms is an important component in encouraging economic growth.

The United States is among the most developed economies in the world. This has led to a standard of living that is simply unmatched throughout the world or throughout history. Even in such a developed and comparatively wealthy nation, policymakers still must allocate resources appropriately to encourage further economic development in their own communities and bring the benefits of a developed economy to their constituents. Encouraging economic development and adopting policies that promote that development rather than hinder it can mean an enormous improvement in the economic opportunity and quality of life for all people.

While there are myriad factors that contribute to economic development, making sure that businesses and individuals have access to capital is key. Capital and access to it is the catalyst for investment that drives job creation and economic security. Policymakers should also strive to ensure that businesses are not over-regulated. Overregulation costs the economy billions of dollars each year and hampers economic development by discouraging investment and entrepreneurship. Regulations should not proliferate to a point beyond reasonable public and consumer protections.

Creating a market-oriented housing policy that allows housing supply to fit demand and encourages the creation affordable housing through market forces can boost a state’s human capital and help to develop an area’s economy. As job opportunities grow, human capital must be there to sustain and benefit from the increased economic activity. Crafting polices that allow the most vulnerable among us to better themselves and their families by enacting common-sense housing reforms can be crucial in limiting people out of poverty.


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Model Policies

  • Right to Earn a Living Act Final

    Right to Earn a Living Act Summary Among the rights Americans cherish the most are freedoms to pursue a chosen enterprise or profession. Yet of all the rights we deem fundamental, economic liberty has eroded most of all, to the extent that the …

  • Resolution Opposing Taxpayer Financing of Professional Sports Stadiums Final

    Summary The resolution opposes taxpayer financing of professional sports stadiums and venues. Definitions “Professional sports” means any sporting event or competition featuring non-amateur athletes. High school or collegiate level athletics and competitions funded solely by 501(c)(3) non-profit entities within their charitable purpose are excluded from this definition. “Stadium” or “Professional …

  • The Breach of Personal Information Notification Act Final

    The Breach of Personal Information Notification Act Summary This Act will help ensure that the personal information of residents of this state is protected by providing procedures for notification of security breaches related to personal information and thereby encouraging individuals and commercial entities, as defined in the bill, to …

  • Comprehensive Public Employee Freedom Act Final

    Section 1. {Short Title.} This Act shall be known as the Comprehensive Public Employee Freedom Act Section 2. {Legislative Declarations.} This legislature finds and declares that: By bargaining over the allocation of taxpayer dollars and workplace rules that affect public policy, all government labor organization’s actions are inherently political. Public employees have …

  • Natural Hair Braiding Protection Act Final

    Section 1. {Purpose}        Natural hair braiding is a traditional practice that is safe.  It presents no significant health and safety risks to customers or practitioners.  This state should protect liberty.  It has no interest in requiring practitioners to obtain an occupational license or other form of occupational …


    WHEREAS, [Insert Jurisdiction] is a political subdivision, created by the [Insert State] WHEREAS, [Insert Jurisdiction] is tasked by the [Insert State] to carry out certain core responsibilities as approved by [Insert State]. WHEREAS, those core responsibilities are outlined in the [Insert State Code or Charter] WHEREAS, a local minimum wage …

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Task Forces

Commerce, Insurance and Economic Development

Members of the Commerce, Insurance and Economic Development Task Force believe that economic freedom is the cornerstone of prosperity. The …