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In Brief: Regulatory reform

This article was originally published in The Rose Sheet

Executive Summary

Regulatory reform: Senate Governmental Affairs Committee expected to markup a moderate regulatory reform bill March 15. The measure will likely be based on S 291, drafted by Committee Chairman William Roth (R-DE), but will include elements of two other regulatory bills introduced by Sens. Robert Dole (R-KS) and John Glenn (D-OH). Administration officials expressed cautious support for S 291 during a March 8 committee hearing, particularly its definition of a "major" rule affected by the bill, provisions on judiciary review and its exclusion of existing laws. A "major" rule would have an annual effect on the economy of $100 mil. or more...
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