WASHINGTON, D.C. – U.S. Senators Roy Blunt (Mo.) and Angus King (Maine) introduced the “Regulatory Improvement Act of 2013” today, legislation to streamline, consolidate, and repeal onerous and costly government regulations in order to reduce compliance costs, encourage growth and innovation, and improve competitiveness. To view the bill, click here.
The bipartisan bill would direct Congress to create a “Regulatory Improvement Commission,” which would collect broad public input regarding which regulations are outdated, duplicative, or inefficient. The Commission would then submit a report to Congress outlining its recommendations on which regulations should be streamlined, consolidated, or repealed. The goal of the Commission is to complement existing processes and create a mechanism that incorporates wide stakeholder input.
“Missourians and job creators nationwide are burdened with too many confusing, inefficient, and duplicative government regulations that continue to stifle economic growth,” Blunt said. “Americans need more economic certainty, and this bill is a step in the right direction to streamline regulatory burdens and help job creators, entrepreneurs, and innovators grow and hire more people.”
“Business owners and entrepreneurs in Maine regularly tell me that the single greatest obstacle to their economic growth continues to be overly-burdensome regulations, but as thousands of more rules are promulgated every year, Congress isn’t taking any serious steps to address the mountain of regulations that already exist,” King said. “Our legislation would move that process forward by establishing an independent commission to identify and review outdated rules and so that Congress can begin to deliver regulatory relief to our nation’s job creators.”
Background on the Regulatory Improvement Act
- The Regulatory Improvement Act employs a balanced approach to evaluating existing regulations – one that involves identifying regulations that are not essential to broad priorities like the environment, public health, and safety, but instead are outdated, duplicative, or inefficient.
- Congressional leadership and the president would appoint Members of the bipartisan Commission and task them with first identifying a single sector or area of regulations for consideration.
- Upon extensive review process, involving broad input from the general public and stakeholders, the Commission would submit to Congress a report containing regulations in need or streamlining, consolidation, or repeal.
- Both Houses of Congress would then consider the Commission’s report under expedited legislative procedures, which allow relevant Congressional Committees to review the Commission’s report but not amend the recommendations.
- Within 30 days, each Committee would be discharged of its consideration of the Commission’s report and the report would be placed on the calendar of each house for an up-or-down vote without amendment.
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