Rob Woodall: “House Resolution 477 is a structured rule for the consideration of three bills: H.R. 527, the Regulatory Flexibility…”

“House Resolution 477 is a structured rule for the consideration of three bills: H.R. 527, the Regulatory Flexibility Act; H.R. 3010, the Regulatory Accountability Act; and H.R. 3463, a measure to terminate the Election Assistance Commission and end taxpayer financing of presidential elections and campaigns. {time} 1330 Not only do these bills show this House's commitment to small businesses, but they also demand that agency rulemaking be held accountable, reclaiming that authority that is vested here in this House. H.R. 527, the Regulatory Flexibility Improvements Act, requires agencies to analyze the impact that a new regulation would have on small businesses before the regulation is adopted. By requiring all Federal agencies to obtain input and develop and conduct regular regulatory reviews of existing regulations, this bill, I believe, complements and codifies President Barack Obama's commitment in Executive Order 13563 that directs agencies to review their regulations and solicit public input. H.R. 3010, the Regulatory Accountability Act, makes further positive changes. It reforms and modernizes the Administrative Procedure Act. It makes agencies more accountable and regulations more cost effective. In a recent study, Madam Speaker, that the Small Business Administration commissioned, they estimated the cost of the U.S. Federal regulatory burden at $1.75 trillion.…”