Young's REINS Act Passes House, Awaits Action In The Senate

Statement

Over 170 members cosponsored Congressman Todd Young's (R-IN) REINS Act legislation, which passed the House on Tuesday, July 28th by a vote of 243 to 165.

"People in Indiana want accountability from federal agencies and from Congress," said Congressman Young. "As the son of a small business owner and someone who regularly hears from local businesses, I know the time and resources it takes to comply with federal mandates."

"The REINS Act is key to reforming the nation's regulatory system and giving the American people a greater voice. Whether it's IRS rules, Obamacare mandates, or EPA regulations, there are no shortage of examples where bad regulation could have been avoided if federal agencies and Congress were held responsible for the harm done to peoples' jobs and wages."

Young's legislation would require any rule or regulation with an economic impact of $100 million or more--already scored and identified by the White House's Office of Management and Budget as a "major regulation'--to come before Congress for an up-or-down vote before taking effect.

In an effort to inject a measure of accountability into the federal regulatory and rule-making process, Congressman Todd Young and Senator Rand Paul (R-KY) introduced the Regulations from the Executive In Scrutiny Act in January of 2015. Congressman Young's legislation now awaits action in the Senate, where the REINS Act has already garnered the support of 36 Senators.

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