H.R. 26/S. 21: Regulations from the Executive in Need of Scrutiny Act of 2017 (REINS Act)
Author's Summary: "H.R. 26 (and its companion bill S. 21) amends the Congressional Review Act (CRA) to require congressional approval of major agency regulations before those regulations can go into effect. Specifically, the bill requires Congress to pass, and the President to sign, a joint resolution approving a new major regulation issued by a regulatory agency before the regulation may take effect, instead of requiring Congress to disapprove of such regulations. Major regulations are those that produce $100 million or more in impacts on the U.S. economy, spur major increases in costs or prices for consumers, or have certain other significant adverse effects on the economy. For non-major rules, H.R. 26 continues the current process of allowing the rule to take effect unless Congress passes and the President signs a resolution of disapproval, or Congress overrides a presidential veto of such a disapproval resolution."
Rep. Polis' Summary: “It would basically completely tie up our government and consumer protection efforts in red tape, because every type of environmental protection and food and water protection, and everything else we do to protect people’s health and welfare would be … brought to Congress for every detail,” he says.
Status: H.R. 26 passed the House on Jan 5, 2017. Ordered Reported by Committee — May 17, 2017.