WASHINGTON, D.C. — Senator Steve Daines today applauded the House passage of H.R. 427, the Regulations from the Executive In Need of Scrutiny (REINS) Act, commonsense legislation that will bring much-needed accountability and transparency to the federal regulatory process:
“It’s time to rein in Washington’s overbearing, costly regulations and provide Montana families, business owners, and hardworking taxpayers with the relief they deserve,” Daines stated. “Montana small businesses know far too well the cost of Washington’s top-down unchecked ability to issue burdensome regulations. Today, the House took the necessary step forward to bring much-needed accountability to the regulatory process and I urge Senate leadership to take up and pass this measure.”
The REINS Act, which Daines is cosponsor of in the Senate, gives Congress an up or down vote on any major new Obama administration regulations, including rules that will:
- Cost the economy $100 million or more;
- Increase costs for consumers, or;
- Have a significant adverse impact on the economy and U.S. competitiveness.
In the Senate, Daines has authored and cosponsored multiple pieces of legislation that would foster transparency and accountability for Montanans including, S.1487 the Regulatory Predictability for Business Growth Act and S.1807, the RISE Small Business Act of 2015.
In the House, Daines was a strong supporter of the REINS Act.