I would be much more in favor of the State running regulations in the industry as opposed to the Feds.
First off, if the Feds try to get it going, the time it takes to gets done will be much longer than if it is a state issue. With the State you would have less political people involved. With less people involved you wouldn’t have as many fat cats getting up they’re blowing their own horn and adding this clause or that clause.
If the State handles it, it might have a more grass roots, people involvement affect than if the Feds ran it. It’s just easier to get involved in State issues and I think groups like CAP and others would have a louder voice working with the state. The Feds would have much more regulations and therefore more people involved in it and the payroll for all of those Fed workers will get sky high (less for us). More people involved means more favors to interest groups and cronies and there is plenty of that going on now.
I say if the State handles it will be less complicated, not to say it WONT be complicated, lets face it, things in government are way messed up, but I just feel the less people involved the better.
I will admit that with the states involved there will be different rules for different states, but really, if you dont like the law in your state, it is easier to move to another state than to move to another country.
OK, I am off the soapbox now.