H.R. 575, the Lessening Regulatory Costs and Establishing a Federal Regulatory Budget Act of 2019
Introduced by Rep. Mark Meadows (R-NC)
Endorsed by: Manufactured Housing Association for Regulatory Reform
Rep. Meadows Introduces Bill to Codify President Trump’s Regulatory Rollback
Washington, D.C. - Rep. Mark Meadows (R-NC) has introduced the “Lessening Regulatory Costs and Establishing a Federal Regulatory Budget Act”—a bill that would mark a substantial legislative shift toward enacting President Trump’s agenda of reducing the size and scope of government.
In January of 2017, shortly after his inauguration, President Trump signed Executive Order 13771, titled "Reducing Regulation and Controlling Regulatory Costs.” The order directs agencies to repeal two existing regulations for each new significant regulation, and to do so in such a way that the total cost of regulations does not increase.
Rep. Meadows’ bill would codify the President’s directive into law. It would establish a system for easing out-of-date regulations off the books and requiring agencies to pursue smarter, more efficient regulatory action.
“This bill would be a significant step in reining in the out-of-control regulatory state in Washington and would yield lasting benefits to the operations of the Federal government and to the American people,” Rep. Meadows said. “By requiring agencies to remove more and more out-of-date and unnecessary regulations, we will not only shrink the size of government, but also force agencies to regulate more efficiently and effectively. Furthermore, the bill will play a critical role in jumpstarting our economy, as it encourages agencies to find savings before issuing new regulatory costs.
The American people have repeatedly made it clear that they are tired of unelected bureaucrats in Washington regulating away their liberties. It’s time Congress take necessary steps to stop it.”
Read the full text of the bill here. For more resources, see below.
Section by Section
Click here to see a version of the bill, H.R. 2623, from 115th Congress
House Oversight and Government Reform Committee Report H.R. 2623
Congressional Budget Office
Letter of Support: Manufactured Housing Association
FreedomWorks: Bill of the Month for August 2017
RStreet: Rep. Meadows introduces bill to lock in regulatory budgeting
Competitive Enterprise Institute: How Many Rules And Regulations Do Federal Agencies Issue?