Republican Oklahoma Rep. Stephanie Bice introduced legislation Wednesday that would require agencies to repeal three or more rules before issuing a new major rule that imposes a cost on a nongovernmental person, state, or local government.
The Daily Caller first obtained a copy of the legislation, which is titled “The Regulation Reduction Act.” The bill would not only require repealing three rules. It also stipulates that the new agency rule’s cost must be equal to or less than the repealed rules.
The bill would also require the head of each agency to submit a report to Congress and the Director of the Office of Management and Budget (OMB) within 90 days of after the bill is signed into law. Agencies will have to review their rules and identify whether whether any rules are costly, ineffective, duplicative, or outdated.
“The Regulation Reduction Act is key in combatting the Biden Administration’s attempts to add burdensome agency rules upon American businesses and families. I modeled this legislation after my home state of Oklahoma, which has had success in eliminating unnecessary and ineffective regulations,” Bice told the Caller before introducing the legislation.
READ THE LEGISLATION HERE:
“By cutting red tape, this legislation will halt Washington’s attempts to control aspects of everyday Americans and reinvigorate our economy,” she added. (RELATED: EXCLUSIVE: House Republicans Call On Biden Admin To Carry Out Federal Oil And Gas Leasing)
The bill has 15 original cosponsors. (RELATED: EXCLUSIVE: GOP Lawmakers Push Bill To Stop Biden Admin From Forcing Businesses To Report Emissions)
It is also supported by Heritage Action.