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Regulation Moratorium and Jobs Preservation Act of 2011

Introduced: July 28, 2011 Introduced by: Johnson, Ron Republican · Wisconsin See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2011
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Jul 28, 2011
Introduced in Senate
 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 July 28, 2011

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

 Committees of jurisdiction 1