Goodlatte and Marino Applaud Committee Passage of Bill to Stop “High Impact” Regulations

Washington, D.C. — The House Judiciary Committee today approved the “Require Evaluation before Implementing Executive Wishlists Act of 2015 (REVIEW Act)” (H.R. 3438) by a vote of 18-13. Introduced by Regulatory Reform, Commercial and Antitrust Law Subcommittee Chairman Tom Marino (R-Pa.) and cosponsored by House Judiciary Committee Chairman Bob Goodlatte (R-Va.), the REVIEW Act stops “high impact rules” with costs over $1 billion dollars annually from taking effect until all court challenges to the regulations in question are settled. The REVIEW Act amends the Administrative Procedure Act to establish:

• a definition for “high impact rules”—those costing more than $1 billion annually;
• an automatic administrative stay of all “high impact rules” pending final judicial review if a legal challenge is filed within 60 days or the time otherwise prescribed to seek judicial review; and
• a lifting of the stay if a challenge to the “high-impact rule” is not filed within that period.

Chairman Goodlatte and Subcommittee Chairman Marino issued the following statements on today’s approval of the REVIEW Act. Chairman Goodlatte: “When new high-impact regulations are issued and then overturned by the courts, billions of dollars in unnecessary compliance costs are frequently passed along to the American people. This is because, without a stay imposed by the agency or the court, the costs to cover regulations still must be paid for by hardworking Americans even while the lawfulness of new regulations is being challenged in court.   “The waste imposed by high-impact regulations that the courts ultimately will reject has gone on for too long, and Washington bureaucrats cannot keep imposing these burdens on the American people. The REVIEW Act frees up billions of precious dollars to be spent on the jobs and investment America needs to recover fully from economic hard times.”   Subcommittee Chairman Marino: “Every day, American workers, taxpayers and families bear the burden of the regulatory hubris emanating from Washington.  As executive agencies grow bolder, so too does the scope and effect of their actions. Too often, the financial burden of these reckless regulations falls on the backs of hard-working Americans. The compliance costs alone are felt nationwide and touch every corner of our economy. “The REVIEW Act is an important step in curtailing far-reaching regulations and ensures Washington rule makers are held accountable. The federal government cannot continue to pad its pocketbooks by stealing from the American people.”   Click here to learn more about today’s markup.