Regulatory Impact on Employment and Wages Act

2016-11-16

Introduced in House

Regulatory Impact on Employment and Wages Act

This bill bars any major rule proposed by a federal agency on or after enactment of this bill from taking effect as a final rule until the Department of Labor, through the Bureau of Labor Statistics, conducts a study to determine how the rule will impact:

wage growth (including for hourly and part-time workers) in each industry to which it is applicable, and
employment in each such industry.

The bill states that the requirement for conducting a study under this bill may not be fulfilled by a study that is conducted prior to this bill's enactment date, or conducted by another agency.

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