Westerman Votes for REINS Act
FOR IMMEDIATE RELEASE
WASHINGTON – Congressman Bruce Westerman (R-Hot Springs) issued the following statement Tuesday (July 28) following passage of the REINS (Regulations from the Executive In Need of Scrutiny) Act of 2015, H.R. 427:
“Regulations are the biggest struggle business owners large and small are facing today,” Westerman said. “Passing the REINS Act means companies will have less regulatory hassle and less costs associated with mandates that often are passed down by agencies with little or no public input. This bill is both a boost for businesses in the Fourth District of Arkansas and a boost for the Arkansans who depend on the jobs those businesses create.”
The REINS Act requires an up or down vote by Congress for any executive regulation that will do any of the following:
- Will Cost the economy $100 million or more;
- Will increase costs for consumers; or
- Will have a significant adverse impact on the economy and U.S. competitiveness.
Westerman supported similar legislation during his time in the Arkansas General Assembly. Issue No. 1, a ballot question proposed by the Arkansas General Assembly, was approved by 59 percent of state voters in the November 2014 elections.