There is a growing, complex regulatory burden that negatively impacts electronics companies’ ability to develop innovative technology, create jobs and compete in a global marketplace. IPC strongly supports efforts among governments to reform their regulatory processes to ensure greater public scrutiny and more thoughtful deliberation on regulations that are likely to impede business growth.
That’s why IPC joined with other groups in signing a letter of support that will be sent to all the members of the U.S. House of Representatives, urging them to pass H.R. 185, the Regulatory Accountability Act of 2015. Regulatory reform legislation will be a high priority for Congress this session, with the House of Representatives voting on H.R. 185 as early as this week.
Re-introduced by Rep. Bob Goodlatte (R-Va.) and Rep. Collin Peterson (D-Minn.), the Regulatory Accountability Act of 2015 is a bipartisan bill designed to curb costly regulations. IPC has supported this bill through its passage by the House in 2013 and 2014 and continues to do so in 2015. The bill would modernize the federal rulemaking process, which has been unchanged for nearly 70 years. This bill would make several changes, including:
- Increasing public participation in shaping the most costly regulations before they are proposed;
- Requiring that agencies must choose the least costly option, unless they can demonstrate that public health, safety, or welfare requires a more costly requirement;
- Providing for on-the-record administrative hearings for the most costly regulations to ensure that agency data is well tested and reviewed; and
- Providing for a more rigorous test in legal challenges for those regulations that would have the most impact.
The Regulatory Accountability Act of 2015 would make the regulatory process more transparent, agencies more accountable, and regulations more cost-effective. By passing this bill, Congress would ensure that federal agencies use the best information available in rulemakings to produce sound regulations. IPC will be working in the months ahead to make sure our industry’s voice is heard as this bill makes it way through the legislative process.