The "LIBERATE Act" establishes a task force to review and recommend changes to federal regulations that inhibit competition, burden businesses, or impact energy production, with the goal of streamlining processes and fostering economic growth.
Mike Lee
Senator
UT
The "LIBERATE Act" establishes a Regulatory Oversight and Review Task Force to evaluate and recommend changes to federal regulations that inhibit competition, burden businesses, or impact energy production. The task force, composed of both government officials and private sector experts, will solicit public input, conduct outreach, and submit regular reports to Congress with recommendations for regulatory changes. Congress will then have an expedited process to consider repealing the identified regulations. The task force will utilize existing funds from the Office of Management and Budget.
Congress is considering the "LIBERATE Act," a bill aimed squarely at federal regulations. Officially the "Locating the Inefficiencies of Bureaucratic Edicts to Reform And Transform the Economy Act," it proposes creating a new body, the Regulatory Oversight and Review Task Force. This group's main job, according to Section 2, would be to sift through existing federal rules and flag those potentially hindering economic activity for repeal.
The Task Force wouldn't just be government folks. While chaired by the Director of the Office of Management and Budget (OMB) and including someone from the Office of Information and Regulatory Affairs, the bulk of the membership – sixteen people – comes from the private sector. These members, appointed by leaders in the House and Senate (split evenly between majority and minority party picks), need expertise in areas like regulatory policy, economics, or business management. Notably, at least half of the appointees from each leader must represent small businesses, and party affiliation is limited per appointing leader. This mix aims for diverse expertise but also raises questions about how private sector viewpoints might shape recommendations, especially since members serve without pay.
So, what kind of regulations are in the crosshairs? Section 2 lists several criteria. The Task Force is directed to look for rules that might:
Think about a local craft brewery navigating layers of permits, or a small tech startup facing regulations designed for corporate giants. The bill intends for the Task Force to identify these kinds of hurdles. However, terms like "inhibit competition" or "burdensome permitting" aren't precisely defined, leaving room for interpretation on which regulations fit the bill.
Here’s where it gets interesting. The Task Force doesn't just make suggestions; it triggers a specific process. It will collect public input via a website and other channels, publishing recommendations along the way. Annually, the OMB Director bundles regulations recommended for repeal into a special message for Congress. Section 2 outlines special, expedited procedures for Congress to vote on a joint resolution to repeal those listed regulations, potentially bypassing some standard debate and amendment processes. This speeds things up but could also limit in-depth review before rules are removed.
The bill requires the Task Force to seek public input through its website, regulations.gov, and even focus groups. All recommendations received are supposed to be made public. However, the legislation explicitly states (Sec. 2) that "No additional funds are authorized" for this work. The Task Force must operate using existing OMB resources. This raises practical questions about how thorough the review process can be and how effectively public outreach can be conducted without dedicated funding. The core tension seems to be between the goal of streamlining regulations quickly and ensuring the process is comprehensive and considers all potential impacts of repeal.