NAHB Calls for Passage of Bills to Reduce Regulatory Burdens on Small Businesses
The National Association of Home Builders (NAHB) recently urged Congress to pass two bills that would help ease regulatory burdens for home building firms and other small businesses. Testifying before the House Judiciary Subcommittee on Regulatory Reform, Commercial and Antitrust Law, Ed Brady, NAHB’s first vice chairman and a home builder from Bloomington, Ill., said that home building is one of the most highly regulated industries in America. “On average, regulations imposed by government at all levels account for 25% of the cost of a new single-family home for sale," he said. “The two bills before us each represent significant progress toward restoring the public participation Congress intended for the regulatory rulemaking process and providing an adequate judicial check on unrestrained rulemaking agencies.”
The bills are meant strengthen the Administrative Procedures Act (APA), which was enacted by Congress in 1946 to establish a set of rules to restrain and govern the actions of federal regulators. H.R. 3438, the Require Evaluation Before Implementing Executive Wishlists Act of 2015, also known as the REVIEW Act, requires a stay of enforcement pending judicial review for high-cost rules that impose an annual cost to the economy of at least $1 billion. The other bill being put before Congress is H.R. 2631, the Regulatory Predictability for Business Growth Act of 2015. The measure would ensure federal agencies will not have the power to significantly alter existing rules without discussion and input from the public.
“H.R. 3438 and H.R. 2631 would help to restore the intent of Congress when it passed the Administrative Procedures Act in 1946,” said Brady. “These bills would reduce the burdens poorly designed regulations place on small businesses while providing for more effective health and safety measures for workers and consumers.”
For more information, visit www.nahb.org.