Regulatory Reform Legislation
Several House committees held hearings in February 2011 examining how current and proposed rules and regulations are burdening job creation and domestic manufacturing. Republicans have pledged to strongly utilize the oversight function of Congress to weed out programs and regulatory burdens that do not contribute to the economy or job creation.
In addition, several pieces of legislation have been introduced to ease the regulatory process that the AFS supports, including:
- Regulatory Flexibility Improvements Act of 2011 (H.R. 527)
This proposal would require the EPA and other federal agencies to review their rules’ indirect impacts on small business, reconsider their existing regulations to minimize their effects, require more detailed explanations from the EPA in cases where officials decline to convene special panels to limit rules’ small business effects and elevate the role of the Small Business Administration’s (SBA) advocacy office in litigation over agency rules. EPA has faced criticism from small-business that, in some cases, the EPA has avoided conducting small-business review panels even in cases where some of its rules may harm a large number of entities.
Opponents of the measure state that it will undermine the EPA and other agencies’ ability to protect public health. The measure, sponsored by Rep. Lamar Smith (R-TX), Chair, House Judiciary Committee, and Rep. Sam Graves, (R-MO), Chair, Small Business Committee, have indicated they will move the bill for forward in the weeks ahead.
- REINS Act–Regulations from the Executive in Need of Scrutiny (H.R. 10/S.299)
The REINS Act requires that Congress must affirmatively approve every new major rule proposed by the executive branch before it can be enforced on American businesses. A major rule is defined as one that will have an economic effect of at least $100 million. Congress would be held accountable for the rules it creates.
The House bill has over 240 cosponsors while the Senate version has 25. The Judiciary Committee has jurisdiction over the measure. AFS continues working with Congressional leadership to provide real world examples of how to improve job creation and reduce unnecessary and burdensome rules for the metalcasting industry.
For more information, contact Stephanie Salmon, AFS Washington Office, 202/842-4864 or email@example.com.