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


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.


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


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

More News