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Regulation Moratorium and Jobs Preservation Act of 2011

Introduced: September 12, 2011 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 3, 2011
Referred to the Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending .
Sep 23, 2011
Referred to the Subcommittee on Courts, Commercial and Administrative Law.
Sep 12, 2011
Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sep 12, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Regulation Moratorium and Jobs Preservation Act of 2011 - Prohibits any federal agency from taking any significant regulatory action until the Bureau of Labor Statistics (BLS) reports a monthly unemployment rate equal to or less than 7.7%.  

Defines as "significant" any regulatory action that is likely to: (1) have an annual effect on the economy of $100 million or more or adversely affect the economy, productivity, competition, jobs, the environment, public health or safety, small entities, or state, local, or tribal governments or communities; (2) create a serious inconsistency or otherwise interfere with another agency's action; (3) materially alter the budgetary impact of entitlements, grants, user fees, or loan programs or the rights and obligations of recipients thereof; or (4) raise novel legal or policy issues.

Authorizes the President to waive such prohibition if the President notifies Congress that a waiver is necessary on the basis of national security or a national emergency.  Allows judicial review of all claims under this Act.

What's happening now October 3, 2011

Referred to the Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending .

 Committees of jurisdiction 4