Washington, D.C. – The House of Representatives approved H.R. 2804, the Achieving Less Excess in Regulation and Requiring Transparency Act (ALERRT Act), by a vote of 236-179. Excessive regulation means higher prices, lower wages, fewer job opportunities, and a less competitive America. The ALERRT Act ensures less unneeded regulation; smarter, less costly regulation when regulation is needed; and transparency about new regulations and costs.
The following bills are included in the ALERRT Act. Together, the bills reform government by reducing unnecessary red tape and keeping the government accountable to its mandate: to serve the American people and use taxpayer dollars wisely.
- H.R. 2804, All Economic Regulations are Transparent Act: Introduced by Congressman George Holding (R-N.C.), this legislation requires bureaucrats to provide more timely, detailed information and greater transparency regarding proposed regulations and prevents new rules from taking effect if they fail to do so.
- H.R. 2122, Regulatory Accountability Act: Introduced by Chairman Bob Goodlatte (R-Va.), this legislation requires federal bureaucrats to think through new regulations better and adopt the least costly method of effectively implementing the law.
- H.R. 2542, Regulatory Flexibility Improvements Act: Introduced by Regulatory Reform, Commercial and Antitrust Law Subcommittee Chairman Spencer Bachus (R-Ala.), this legislation requires federal bureaucrats to better consider and lower adverse impacts on small businesses before they issue new regulations.
- H.R. 1493, Sunshine for Regulatory Decrees and Settlements Act: Introduced by Congressman Doug Collins (R-Ga.), this legislation prevents secret settlement deals between federal agencies and pro-regulatory plaintiffs that result in new federal regulations for everyone.
House Judiciary Committee Chairman Goodlatte, Regulatory Reform, Commercial and Antitrust Law Subcommittee Chairman Bachus, Congressman Holding, and Congressman Collins praised today’s vote by the House of Representatives.
Chairman Goodlatte: “Making necessary reforms to our nation’s governmentand stopping government abuse is key to an effective, transparent democracy. No one wins with excessive, unnecessary regulation, especially not the American people. The effects are real for American families who witness the government digging deeper and deeper into their pocketbooks and higher prices, fewer job opportunities and a less competitive America.
“The ALERRT Act was born out of these concerns in the People’s House. This legislative package reduces government red tape and increases transparency. I am proud to report that Congress has acted and the ALERRT Act passed in the House as a comprehensive step to end government abuse.”
Subcommittee Chairman Bachus: “The annual cost of complying with federal regulations is $1.8 trillion, or 14% of our entire national economy. Small businesses in particular have been hard-pressed to deal with the regulatory tsunami that has been coming out of Washington lately. According to the Small Business Administration, it costs the typical small business $11,000 per employee to comply with regulatory costs. This is money that cannot be used by companies to expand and create jobs. Sensible regulatory reform will help to grow our economy and in doing so create the new jobs that Americans so desperately need.”
Congressman Holding: “Excessive regulation means higher prices at the pump and grocery store, lower wages for employees at local stores and small businesses, and fewer jobs for Americans. Under this administration, the regulatory burden has grown exponentially –reaching $1.86 trillion a year, or $15,000 for each American household. That’s not a burden that families can bear in this economy – it’s not one they should have to bear in any economy. This bill is essential to promoting economic growth and curbing the explosion of overregulation we’ve experienced under this administration.”
Congressman Collins: “Government regulations have become so burdensome and encompassing that no hardworking American can escape the costs. If the Executive Branch is going to wield that kind of power, then everyone—not just special interests—deserves a seat at the table. By throwing open the doors and windows of the back rooms where these sue-and-settle deals take place, we’re putting people at the center of this process.”