AEDNews - Construction Equipment Industry News
Regulatory Reform Bills to Hit Floor This Week
A series of bills are expected to be considered the week of July 23 aimed at streamlining the federal permitting process and providing regulatory relief to promote a more stable business environment. Included in the slew of regulatory reform bills are:
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The Responsibly & Professionally Invigorating Development (RAPID) Act of 2012 (H.R. 4377) would provide a streamlined process for developers to obtain environmental permits and approvals for their projects in a timely and efficient manner.
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The Sunshine for Regulatory Decrees & Settlements Act of 2012 (H.R. 3862) would promote transparency in the regulatory process by requiring agencies to notify the public when filed lawsuits will hold up project permits.
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The Midnight Rule Relief Act of 2012 (H.R. 4607) would prohibit agencies from proposing or finalizing major rules during the time between a presidential election and the inauguration of a new president.
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The Regulatory Freeze for Jobs Act of 2012 (H.R. 4078) would prohibit federal agencies from issuing any significant rules when unemployment is higher than 6 percent.
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The Unfunded Mandates Information & Transparency Act of 2012 (H.R. 373) would improve upon the Unfunded Mandates Reform Act of 1995 by providing Congress and the public with better information on the effects of unfunded mandates.
The bills are designed to highlight the challenges facing business from over-regulation. While the House is expected to approve many of these GOP-sponsored measures, the votes will be largely symbolic and will likely receive no action in the Democratic controlled Senate.
AED is joining many in the business community in support of these common sense regulatory reform bills. Stay tuned to AEDNews as action heats up on the comprehensive regulatory reform front.
Article Date: 2012-07-23
Source: Associated Equipment Distributors
Copyright(C) 2012 Associated Equipment Distributors. All Rights Reserved.
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