WASHINGTON, D.C. – Today, Senator Rick Scott joined Senator Eric Schmitt to announce the introduction of the Expediting Reform and Stopping Excess Regulations (ERASER) Act. The ERASER Act would require agencies that wish to enact a new regulation to pull three regulations off the books, rein in the administrative state and increase government efficiency.

Senator Rick Scott said, “Joe Biden’s burdensome regulatory environment has strangled American businesses and cost taxpayers a whopping $1.7 trillion. The American people are more ready than ever for change. I’ll be working with President Trump, Elon Musk and Vivek Ramaswamy at the Department of Government Efficiency (DOGE), and my colleagues to create a government that works for the American people instead of making them pay the price of reckless spending and massive bureaucracy. As a founding member of the Senate DOGE Caucus, I am proud to join Senator Schmitt on the ERASER Act to rein in the administrative state and continue to fight like hell every day to tackle the inefficiencies coming out of Washington.”

BACKGROUND:

Specifically, the ERASER Act:

• Prohibits an agency from issuing a rule unless the same agency has repealed at least three (3) rules, that to the extent practicable, are related to the rule.
• Prohibits an agency from issuing a major rule unless the agency has repealed three (3) or more rules AND the cost of the new major rule is less than or equal to the cost of the rules repealed, as certified by the Office of Information and Regulatory Affairs.

• Major rules include any rules that (a) cost $100 million or more, (b) cause a major increase in costs or prices for consumers or individual industries, or (c) have a significant adverse effect on competition, employment, investment, or innovation of US businesses.

• Clarifies that a repealed rule cannot be an interpretative rule, general statement of policy, or rule of agency organization and ensures a repealed rule went through the notice-and-comment process.
• Provides very limited exceptions for internal governance of an agency.
• Requires GAO to conduct a study on all rules currently in effect as of the date of the bill’s enactment.

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