Tuesday, December 23, 2014

113th Congress and Regulatory Reform Heralds Regulatory Reform in the 114th Congress

Regulatory reform bills passed by the House and not taken up by the Senate:

SEC Regulatory Accountability Act, H.R. 1062: Passed House 235-161 on May 16, 2013. Directs the SEC to conduct a thorough cost-benefit analysis of its regulations and proposed regulations.

Regulatory Accountability Act, H.R. 2122: Revises the federal regulatory process by which federal agencies propose and adopt regulations (bill was included as Division III, Title II of the omnibus Jobs for America Act, H.R. 4, which passed House by a vote of 253-163 on September 18, 2014).

Regulations from the Executive in Need of Scrutiny (REINS) Act, H.R. 367: Passed House by vote of 232-183 on August 2, 2013. Requires Congress to approve major regulations (bill was included as Division IV, Title I of the omnibus Jobs for America Act, H.R. 4, which passed House by a vote of 253-163 on September 18, 2014).

Regulatory Flexibility Improvements Act, H.R. 2542: Requires federal agencies to consider less burdensome alternatives when adopting regulations (bill was included as Division III, Title II of the omnibus Jobs for America Act, H.R. 4, which passed House by a vote of 253-163 on September 18, 2014).