Workforce Regulatory Review Act of 2016

[AI summary unavailable — showing source text] Workforce Regulatory Review Act of 2016 This bill establishes in the legislative branch the Workforce Regulatory Review Commission. The purpose of the commission is to evaluate and provide recommendations for modification, consolidation, or repeal of regulations with the aim of reducing the total number of regulatory requirements related to workplace safety, workplace discrimination, wages, hours, and employee health by one-third to reduce compliance costs, encourage growth and innovation, and improve competitiveness. The commission shall: decide, within 45 days of convening, which regulations to examine; solicit and review comments from the public; determine the effectiveness of individual regulations by using multiple resources, including quantitative metrics, testimony from industry and agency experts, and research from commission staff; develop and implement a uniform model such as the Standard Cost Model to determine whether a regulation shall be modified or eliminated by balancing the effectiveness and efficiency of the regulation in achieving desirable outcomes; and develop a package of regulations to modify, consolidate, or repeal to be submitted to Congress for an up-or-do…