Latta Introduces Bill to Block Burdensome FCC Regulations
Today, Congressman Latta (R-Bowling Green) introduced H.R. 2649, the Federal Communications Commission Analysis of Benefits and Costs, or FCC “ABCs,” Act. The bill would require the FCC to perform cost-benefit analyses on economically significant rules and would also force the FCC to come to more deregulatory decisions by reforming the FCC’s forbearance authority and biennial review of regulations by adding an evidentiary presumption.
“With the telecommunications industry driving a significant proportion of the economic growth in our country, we should make sure that the FCC does not produce regulations that will hamper this sector of the economy,” Latta said. “As we continue to move towards a digital future, outdated and burdensome regulations will only impede the growth of innovation and ultimately hinder the economy.”
The Energy and Commerce Subcommittee on Communications and Technology held a hearing today, where Congressman Latta questioned telecommunications legal experts on his legislation, agency processes, and methods in which the FCC looks at costs and benefits of its rules and regulations.