ACA Urges Congress To Pass Regulatory Reform Package

News From: Products Finishing, from Products Finishing magazine

Posted on: 7/26/2012

The Red Tape Reduction and Small Business Jobs Creation Act pass the House on July 26, and headed for a Senate vote.

The American Coatings Association has signed onto a U.S. Chamber of Commerce coalition letter urging Congress to pass several bills that comprise a regulatory reform package being offered by Republicans in the U.S. House of Representatives.

The bundling of reform bills — the Red Tape Reduction and Small Business Jobs Creation Act — passed the House on July 26 by a vote of 245-172. It will now go to the Senate for consideration, but no one knows when just yet.

ACA believes that the legislation would reduce the regulatory burden on businesses and promote policy that would help jumpstart our economy.  ACA supported two reform bills passed in April by theHouse Oversight and Government Reform Committee that would place a moratorium on all new federal rules and bar President Obama and future presidents from issuing “midnight regulations” at the end of their terms.

In its letter, ACA supported passage of the reform bills, noting that together they “would streamline the federal permitting process, impose transparency on the abused sue and settle process used by agencies and environmental groups to circumvent the rulemaking process, and to prohibit agencies from proposing or finalizing major midnight regulations. The common sense reforms in these bills would make the nation’s regulatory process more transparent, efficient, and workable for businesses that create jobs and contribute to economic growth.”

To read more about the bills, please CLICK HERE

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