House Passes Bill to Rein in Regulations01/09/2017
The House Thursday passed the “Regulations from the Executive in Need of Scrutiny (REINS) Act of 2017,” (H.R. 26), a measure that would require Congress to approve all new major regulations – ones with an economic impact of $100 million or more.
Introduced by Rep. Doug Collins, R-Ga., the legislation would require federal agencies to submit their major regulations for congressional approval before they could go into effect, and both chambers of Congress would be required to accept or reject a rule within 70 legislative days.
The president’s signature also would be required for any of Congress’ joint resolutions of approval on a major rule to take effect. NPPC strongly supports the legislation, which the House passed on a 237-187 vote.
The bill now goes to the Senate for approval, and President-elect Donald Trump has indicated he will sign the REINS Act into law.