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NECA Top Three 7/21/17

Jul 20, 2017

1. On July 19, 2017, The House of Representatives passed two NECA supported pieces of bipartisan energy legislation, HR 2883, Promoting Cross-Border Energy Infrastructure Act and HR 2910, Promoting Interagency Coordination for Review of Natural Gas Pipelines Act.

NECA’s Look Ahead: These bills offer substantial reform to the Federal Energy Regulatory Commission (FERC). NECA believes these critical pieces of legislation will facilitate construction projects along the United States’ borders and encourage energy independence. We will continue to work with the Senate on the legislation and urge the Majority Leader to bring the bills to a vote as soon as possible.

2. Earlier this week, the Senate Majority Leader Mitch McConnell announced that the most recent Healthcare plan would not make it to the floor for a vote. The vote on the proposed plan had originally been delayed due to Senator McCain’s surgery but fell below the 51 votes needed when multiple Senators retracted their support.

NECA’s Look Ahead: President Trump has urged the Senate not to leave for August recess until they have reached some sort of consensus. Until they leave, NECA will urge Senators to propose a plan that does not include the onerous excise tax on employer provided healthcare known as the “Cadillac Tax.”

3. The Trump administration reports it has postponed or repealed some 860 federal regulations within the first six months of this presidency. While the effectiveness of removing these regulations has yet to be determined by the Office of Management and Budget, the White House said they have made strong inroads to counterbalancing the $6.8 billion cost of regulations imposed by President Obama in his last five months.

NECA’s Look Ahead: This far exceeds the promised repeal of two regulations for every new one, amounting to elimination of 16 old rules for every new one. As the Trump administration continues to remove regulations in an attempt to reduce the role of government in the economy, NECA will continue to monitor the effects of such deregulation in addition to maintaining an even keel approach to advocating for regulatory reform.