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CUNA supports Regulatory Accountability Act

(January 12, 2015) — CUNA, along with several other industry groups, sent a letter of support for the Regulatory Accountability Act. The legislation is scheduled to be considered in the House this week and would modernize the Administration Procedures Act, the law that guides how federal agencies, including NCUA and the CFPB, promulgate regulations. The goal is to improve the rulemaking process by making the process more transparent, by holding regulators more accountable, and by ensuring regulations are more cost effective.

See the full letter below:

January 12, 2015

TO THE MEMBERS OF THE U.S. HOUSE OF REPRESENTATIVES:

The undersigned groups strongly urge you to pass H.R. 185, the Regulatory Accountability Act of 2015, which would modernize the 69-year old Administrative Procedure Act and improve how federal agencies write the regulations that most significantly affect the U.S. economy.

Our members believe that regulations need to be narrowly tailored, supported by strong and credible data and evidence, and impose the lowest possible burden while still implementing Congressional intent. When agencies produce regulations that do not reflect these ideals, better mechanisms to hold them accountable are needed.

The Regulatory Accountability Act of 2015 would enhance the regulatory process by:

  • 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;
  • Giving interested parties the opportunity to hold agencies accountable for their compliance with the Information Quality Act;
  • Providing for on-the-record administrative hearings for the most costly regulations to ensure that agency data is well tested and reviewed;
  • Restricting agencies’ use of interim final regulations where no comments are taken before a regulation takes effect and providing for expedited judicial review of whether that approach is justified; 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 builds on established principles of fair regulatory process and review that have been embodied in bipartisan executive orders dating to at least the Clinton Administration. These principles would make the regulatory process more transparent, agencies more accountable, and regulations more cost-effective. H.R. 185 would not affect the vast majority of new regulations that are not high-impact rules, regulations that are already in effect, or the enforcement of current regulations.

We urge you to support this important legislation.

Sincerely,

  • 60 Plus Association
  • ACCA – The Indoor Environment & Energy Efficiency Association
  • Aggregate & Ready Mix Association of Minnesota
  • Alaska Chamber
  • American Architectural Manufacturers Association (AAMA)
  • American Chemistry Council
  • American Coatings Association
  • American Composites Manufacturers Association
  • American Concrete Pressure Pipe Association
  • American Council of Engineering Companies
  • American Council of Independent Laboratories
  • American Exploration & Mining Association
  • American Forest & Paper Association
  • American Foundry Society
  • American Fruit and Vegetable Processors and Growers Coalition
  • American Highway Users Alliance
  • American Iron and Steel Institute
  • American Loggers Council
  • American Road & Transportation Builders Association
  • American Subcontractors Association, Inc.
  • American Supply Association
  • American Trucking Associations
  • American Wholesale Marketers Association
  • American Wood Council
  • AMT-The Association For Manufacturing Technology
  • Arizona Mining Association
  • Arkansas Independent Producers & Royalty Owners Association
  • Associated Builders and Contractors
  • Associated Builders and Contractors, Eastern Pennsylvania Chapter
  • Associated Builders and Contractors, Rocky Mountain Chapter
  • Associated California Loggers
  • Associated General Contractors of Missouri
  • Associated Oregon Loggers, Inc.
  • Associated Wire Rope Fabricators
  • Association of American Railroads
  • Association of Home Appliance Manufacturers
  • Bismarck-Mandan Chamber of Commerce – ND
  • Black Hills Forest Resource Association
  • Boca Raton Chamber of Commerce – FL
  • Brick Industry Association
  • Brownsville Chamber of Commerce – TX
  • Building Owners and Managers Association (BOMA) International
  • Business Council of Alabama
  • California Construction and Industrial Materials Association
  • California Retailers Association
  • Campbell County Chamber of Commerce – WY
  • Carson Valley Chamber of Commerce – NV
  • Cellulose Insulation Manufacturers Association
  • Central Louisiana Chamber of Commerce
  • Chemical Industry Council of Illinois
  • Colorado Association of Commerce & Industry
  • Colorado Timber Industry Association
  • Credit Union National Association
  • CropLife America
  • Edison Electric Institute
  • Fairfax County Chamber of Commerce – VA
  • Far West Equipment Dealers Association
  • GASDA, Inc.
  • Georgia Mining Association
  • Global Cold Chain Alliance
  • Grain and Feed Association of Illinois
  • Greater Cedar Valley Alliance & Chamber – IA
  • Greater Louisville Inc. – KY
  • Helicopter Association International
  • Idaho Mining Association
  • INDA, Association of the Nonwoven Fabrics Industry
  • Independent Petroleum Association of America
  • Indiana Chamber of Commerce
  • Indiana Coal Council, Inc.
  • Industrial Energy Consumers of America
  • Intermountain Forest Association
  • International Association of Amusement Parks and Attractions
  • International Association of Drilling Contractors
  • International Franchise Association
  • IPC – Association Connecting Electronics Industries
  • Johnson City Chamber of Commerce – TN
  • Kentucky Chamber of Commerce
  • Kentucky Forest Industries Association
  • Kitchen Cabinet Manufacturers Association (KCMA)
  • Leading Builders of America
  • Louisiana Association of Business and industry
  • Louisiana Landowners Association, Inc.
  • Metals Service Center Institute
  • Michigan Association of Timbermen
  • Midwest Food Processors Association
  • Missouri Forest Products Association
  • Montana Mining Association
  • Montana Wood Products Association
  • Motor & Equipment Manufacturers Association
  • Myrtle Beach Area Chamber of Commerce – SC
  • National Asphalt Pavement Association
  • National Association for Surface Finishing
  • National Association of Federal Credit Unions
  • National Association of Home Builders
  • National Association of Manufacturers
  • National Association of REALTORS®
  • National Black Chamber of Commerce
  • National Club Association
  • National Corn Growers Association
  • National Council of Farmer Cooperatives
  • National Council of Textile Organizations
  • National Federation of Independent Business
  • National Grain and Feed Association
  • National Lumber and Building Material Dealers Association
  • National Mining Association
  • National Oilseed Processors Association
  • National Pest Management Association
  • National Private Truck Council
  • National Ready Mixed Concrete Association
  • National Roofing Contractors Association
  • National Shippers Strategic Transportation Council (NASSTRAC)
  • National Small Business Association
  • National Stone, Sand & Gravel Association
  • National Wood Flooring Association
  • Nebraska Chamber of Commerce & Industry
  • Nevada Manufacturers Association
  • New Jersey State Chamber of Commerce
  • Non-Ferrous Founders’ Society
  • North American Equipment Dealers Association
  • North American Home Furnishings Association (NAHFA)
  • North American Meat Institute
  • North Carolina Chamber
  • North Carolina Manufacturers Alliance
  • North Carolina Retail Merchants Association
  • North Country Chamber of Commerce – NY
  • NTEA – The Association for the Work Truck Industry
  • Ohio Chemistry Technology Council
  • Orange County Business Council – CA
  • Palm Desert Area Chamber of Commerce – CA
  • Pennsylvania Chamber of Business and Industry
  • Pennsylvania Manufacturers’ Association
  • Petroleum Marketers Association of America
  • Plumbing-Heating-Cooling Contractors—National Association
  • Professional Landcare Network
  • Rhode Island Chapter of ABC
  • Sacramento Metropolitan Chamber of Commerce – CA
  • Santa Clara Chamber of Commerce – CA
  • Schuylkill Chamber of Commerce – PA
  • Small Business & Entrepreneurship Council
  • Society of American Florists
  • South Carolina Retail Association
  • South Carolina Timber Producers Association
  • Southern Crop Production Association
  • Textile Rental Services Association
  • The Chamber of Reno, Sparks, and Northern Nevada
  • The Fertilizer Institute
  • Truck Renting and Leasing Association
  • Tucson Metro Chamber – AZ
  • Tulsa Regional Chamber – OK
  • U.S. Chamber of Commerce
  • Utah Mining Association
  • Virginia Chamber of Commerce
  • Washington Retail Association
  • West Virginia Chamber
  • West Virginia Oil Marketers and Grocers Association
  • West Virginia Trucking Association
  • Western Energy Alliance
  • Window and Door Manufacturers Association
  • Wisconsin Grocers Association
  • Wisconsin Manufacturers & Commerce
  • Wyoming Stock Growers Association

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