In its substance, this bill seeks to address regulatory duplication, gaps, errors, and inconsistency. That is a good thing. The bill ensures that regulators have new tools that are effective for keeping the system up to date into the future, so that we're not just looking at the regulations for today but making sure that they continue to be efficient in the future, and it removes unnecessary compliance costs. All of these are objectives that we on this side of the House wholeheartedly support and actually think should be applied more broadly across our statutes. 