By Staff Reports
Posted Dec 3, 2017 at 11:11 PM
Updated at 10:58 AM
U.S. Rep. Mark Meadows announced Friday that his regulatory reform bill was passed by the House Oversight and Government Reform Committee, making it eligible for a vote on the House floor.
The bill aims to make it easier to remove outdated regulations and calls for agencies to pursue more efficient regulatory action.
In a release, Meadows said the bill would codify into law President Donald Trump’s executive order signed in January directing agencies to repeal two existing regulations for each new significant regulation. It must be done in such a way that the total costs of regulations does not increase.
The bill, H.R. 2623, or the Lessening Regulatory Costs and Establishing a Federal Regulatory Budget Act of 2017, “would mark a substantial legislative shift toward enacting President Trump’s agenda of reducing the size and scope of government,” the release says.
It would also establish a system for easing out-of date regulations off the books and requiring agencies to pursue smarter, more efficient regulatory action.
“I’m very pleased to see this bill pass the Oversight Committee,” Meadows says in the statement. “In my district, some of the main comments I hear from my constituents are on the need to rein in Washington’s practice of over-regulation, and that’s why we introduced this bill.”
Ben Williamson, of Meadows’ office, says the bill is now eligible for a floor vote. There’s no firm timetable as of yet, and it’s up to leadership to schedule the vote, he added.
“The American People are fed up with Washington, D.C.’s out-of-control regulatory state that puts the interests of insiders and bureaucrats ahead of everyday Americans on Main Street,” Meadows says in the release. “They sent us here to fix it. Codifying President Trump’s promise to eliminate wasteful and outdated regulations from the federal registry will go a long way toward jumpstarting the economy, reforming our government’s approach to regulating, and changing the culture of Washington D.C. to drain the swamp that so badly needs reform.”