On December 5, NMHC/NAA joined nearly 380 other trade associations and business groups from across the country in urging Speaker Paul Ryan to make consideration of the “Regulatory Accountability Act” an early priority for the new Congress in 2017. The legislation, if enacted, would improve the transparency of executive branch regulations by requiring federal agencies to invest more effort earlier in the rulemaking process to gather data, evaluate alternatives, and receive public input about the costs and benefits of its rules. You can view the full letter here.
NMHC/NAA have long called for an overhaul of the regulatory framework employed by the federal government, because our industry is continuously impacted by burdensome regulatory processes and significant related costs, including from rules related to issues from finance, to property operations, to environmental requirements. For more information on the importance of regulatory reform, please see a recent op-ed by the U.S. Chamber of Commerce’s William L. Kovacs, senior vice president for environment, technology and regulatory affairs, calling for a more effective and efficient regulatory infrastructure.
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