Thursday, January 12, 2017
American Forest & Paper Association (AF&PA) President and CEO Donna Harman and American Wood Council (AWC) President and CEO Robert Glowinski issued the following statement in support of House passage of the Regulatory Accountability Act of 2017. They also welcomed House action last week to pass the Regulations from the Executive in Need of Scrutiny (REINS) Act and Midnight Rules Relief Act.
Donna Harman, President and CEO, AF&PA:
“We appreciate quick action on the part of the House to directly address the costly, complex and heavy regulatory burden that our industry contends with every day. The Regulatory Accountability Act takes effective steps, including a judicially-enforceable cost-benefit test, to unleash the economic growth the nation deserves. And, the REINS Act and Midnight Rules Act will help provide a more transparent, efficient and workable regulatory process to the benefit of citizens and businesses. We will continue to stand with Congress to back policies that ensure regulations do more good than harm and strongly encourage the Senate to follow the House’s lead.”
Robert Glowinski, President and CEO, AWC:
“The cumulative regulatory burden on American manufacturing has become unsustainable and works counter to investment, capital planning and job creation. Regulations should be developed through a transparent and accountable process to ensure they are carefully developed and based on the best available scientific and technical information. Sensible regulations can provide important public benefits such as protection of health, safety and the environment. However, poorly designed regulations can cause more harm than good, waste limited resources, undermine sustainable development and erode the public’s confidence in our government. AWC encourages the Senate to quickly take up these regulatory reform bills.”
Key points regarding regulatory reform legislation passed by the House:
• Regulatory Accountability Act of 2017: Combines six separate bills that empower Congress and the courts to stop damaging regulatory over-reach and enact a more transparent, efficient and workable regulatory process, including a judicially enforceable cost-benefit test.
• Regulations from the Executive in Need of Scrutiny (REINS) Act: Requires Congressional approval for regulations that cost the economy $100 million or more.
• Midnight Rules Relief Act: Permits Congress to overturn, with one vote, executive branch regulations finalized in the last 60 legislative days of the previous Presidential administration.