RepublicanBill · S. 30· Senate(119-S-30)

ERASER Act

Rep. Schmitt
Age: 51 years
Missouri
Introduced
1/8/2025
Last activity
1/8/2025 — Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sponsored by
Eric Schmitt
Cosponsors
Republican - 2Democrat - 0
Government Operations and Politics
  1. Introduced
  2. In Committee

What this bill would do

The "Expediting Reform And Stopping Excess Regulations Act," or the "ERASER Act," aims to change how agencies issue new regulations. Under this bill, an agency cannot issue a new rule unless it first repeals at least three existing rules that are related to the new one. For "major rules," the agency must also ensure the cost of the new rule is less than or equal to the cost of the rules being repealed. The Administrator of the Office of Information and Regulatory Affairs must certify these costs for major rules. Additionally, the Comptroller General is required to conduct studies every five years regarding the number of rules in effect and their total estimated economic cost.

Yes· 3 of 4

  • Does this leave more decisions to the states?+5

    The bill restricts federal agency rulemaking that imposes costs on states, potentially preserving state authority.

  • Would business owners be better off under this?+5

    The bill seeks to reduce the regulatory costs that often impact business operations.

  • Does this make it easier to run a small business?+4

    By requiring the repeal of existing regulations before new ones are issued, the bill reduces the regulatory burden on businesses.

The opposite

  • Does this better protect air, water and wildlife?-6

    The mandate to repeal existing rules before issuing new ones may hinder the creation of new environmental protections.

  • Does this give people more protection from unfair business practices?-5

    The requirement to repeal three existing rules for every new one could prevent the implementation of new consumer protection regulations.