Costly regulations like those governing methods for removing lead paint from remodeling projects, or those that add new guidelines for working in confined spaces, while well-intended for safety reasons can dramatically change business assumptions overnight. New bills under consideration in Congress this session aim to creating a more deliberative process and a more reasonable timeline for new rules that subject to litigation.
H.R. 3438, the Require Evaluation Before Implementing Executive Wishlists Act of 2015, also known as the REVIEW Act, requires a stay of enforcement pending judicial review for high-cost rules that impose an annual cost to the economy of at least $1 billion.
A second bill, H.R. 2631, the Regulatory Predictability for Business Growth Act of 2015 would ensure federal agencies do not have the power to significantly alter existing rules without discussion and input from the public.
The National Association of Home Builders has formerly urged Congress to pass both measures. “H.R. 3438 and H.R. 2631 would help to restore the intent of Congress when it passed the Administrative Procedures Act in 1946,” said NAHB First Vice Chairman Ed Brady, a home builder from Bloomington, Ill. “These bills would reduce the burdens poorly designed regulations place on small businesses while providing for more effective health and safety measures for workers and consumers.”