AIA Welcomes Senate Introduction of the Regulatory Accountability Act

Statement by AIA President and CEO David F. Melcher on introduction of S. 951, the Regulatory Accountability Act in the Senate.

Arlington, Va. — The Aerospace Industries Association welcomes Senate introduction of the Regulatory Accountability Act (RAA) on Wednesday and urges the Senate to move quickly to pass it. Earlier this year, AIA was a signatory to a multi-association letter urging the Senate to take up the RAA, which received enthusiastic support from 616 cosigners across all 50 states. We also called for passage in our announcement supporting withdrawal of the Blacklisting Rule.

The RAA would address burdens experienced by businesses and the U.S. economy by making the regulatory process more transparent, inclusive, and rational. The bill would elicit greater public input in the regulatory rulemaking process and require agencies to choose the lowest-cost rulemaking alternative to meeting statutory objectives. Agencies would also have to account for the direct and indirect impacts of new regulations on small businesses and find ways to reduce costs and impacts.

AIA commends Congress on continuing to review and take appropriate action to overturn unduly burdensome regulations. The House passed their version of the RAA in January; we call on the Senate to take quick action to pass their version and send a conferenced bill to President Trump for signature.