Rep. Todd Young's (R., IN) REINS (Regulations From the Executive in Need of Scrutiny) Act of 2013 is currently being debated by the House. According to a press release, the bill "would require any major regulation—a rule or regulation with an economic impact of $100 million or more as scored by the Office of Management and Budget—from the executive branch to come before Congress for an up-or-down vote before it could be enacted."
Rep. Young has become somewhat of an acronym aficionado recently, as he has also recently introduced the SAW (Save American Workers) Act, which would change the definition of full-time employment under Obamacare, and also the BRIC (Base Redevelopment and Indemnification Correct) Act, which would "help redevelop former military installations such as the River Ridge Commerce Center in Clark County."
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