Carl Harris, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Wichita, Kansas, issued a statement following the U.S. Supreme Court's ruling in the case of Loper Bright Enterprises v. Raimondo. The decision limits federal regulators' ability to interpret federal laws.
“Today’s Supreme Court ruling is an important step forward to advance meaningful regulatory reform because it means that federal agencies can no longer continuously change the law – and the intent of Congress – by implementing their own interpretation of statutes as long as the interpretation is viewed as being ‘reasonable,’” Harris stated.
He further noted, “This verdict overturns a previous decision made by the nation’s highest court decades ago that gave the government an unfair advantage when someone challenges a regulation in court. In 1984, the Supreme Court issued an opinion that created ‘Chevron Deference,’ which gave federal agencies wide latitude to interpret laws and implement regulations that were deemed reasonable. Today’s ruling that overturns Chevron means that federal agencies will now have less discretion to impose new regulations that Congress did not clearly authorize.”