A bill requiring congressional approval of major agency regulations before they go into effect was reintroduced U.S. Senator Rand Paul (R-Ky.). The Regulations from the Executive in Need of Scrutiny Act (REINS), a proposal designed to amend the Congressional Review Act (CRA) of 1996, defines major regulations as those that have financial impacts on the U.S. economy of $100 million or more, that increase consumer prices, or that have significant harmful effects on the economy. Under the existing CRA, Congress has the authority to issue resolutions of disapproval to nullify agency regulations.
As of February 8, 2019, the REINS Act had 37 cosponsors in the U.S. Senate and there was not a companion version in the U.S. House. Versions of the REINS Act have been introduced since the 112th Congress (2011-2013).