Original Cosponsor Of Reins Act That Protects Against Federal Overreach

Statement

Date: July 28, 2015
Location: Washington, DC

Rep. Todd Rokita (IN-04) issued the following statement after the House passed H.R. 427, Regulations from the Executive in Need of Scrutiny (REINS) Act, a bill which Rep. Rokita is an original co-sponsor:

"Today's passage of the REINS Act is a step in the right direction to shrink the size, scope, and cost of the federal government and to spur economic and job growth in Indiana. The REINS Act helps curb some of the major regulations promulgated by unaccountable agencies and ensures that the economic abuse by unelected bureaucrats is reduced," said Rokita.

This is the third Congress that Rep. Rokita co-sponsored the REINS Act. He was an original co-sponsor of the first bill introduced in 2011 by Rep. Geoff Davis (R-KY). That same year Rep. Rokita, along with the Indiana Chamber of Commerce, launched the Red Tape Rollback (RTR) program.

The RTR program is a tool Hoosier workers and businesses can utilize to let Rep. Rokita know how federal red tape is hindering economic growth. Since its inception, Rep. Rokita has pushed back and achieved over forty victories that combat federal overregulation.

"Hoosier businesses are trying to expand in an economy that is overregulated and unfriendly to job creation. The REINS Act is another tool in the tool box to help identify and eliminate unnecessary federal regulations. To empower Hoosiers, I've supported this bill and other proposals to push back against the regulatory state. This includes leading on efforts to begin eliminating Chevron Deference, a judicial decision that yields interpretative powers to regulatory agencies, and requiring that bureaucrats drafting new regulations use formal rulemaking, rather than informal rulemaking, because it is a more transparent and deliberative process.

"This will restore congressional responsibility and accountability in the regulatory process and ensure that new major rules serve their intended purpose and do not unnecessarily burden the job-creating businesses that our economy needs to grow," added Rokita.

The REINS Act modifies the federal rule-making process by preventing "major rules" -- those having an economic impact greater than $100 million - from implementation unless Congress enacts legislation approving them.

The REINS Act passed the House 243 to 165.


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