Chairman Chabot on Passage of REINS Act
WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-OH) made the following statement upon House passage of H.R. 26, the Regulations from the Executive in Need of Scrutiny (REINS) Act:
"The regulatory impact of the Obama Administration on small businesses has been devastating,” said Chairman Chabot. “The REINS Act takes a giant step in returning power to the American people and making the Washington bureaucracy accountable to them.”
The REINS Act would send new rules that will have a significant impact on the economy to Congress for an up or down vote before they can be implemented.
Chairman Chabot has already introduced two key pieces of legislation as part of House Republicans’ Better Way plan for the economy that will reduce the regulatory burden on small businesses and entrepreneurs: H.R. 33, The Small Business Regulatory Flexibility Improvements Act, and H.R. 79, The Helping Angels Lead Our Startups (HALOS) Act.