S 1472
113th Congress
Senate
Economics and Public Finance
Administrative law and regulatory procedures
Congressional Budget Office (CBO)
Congressional agencies
Congressional oversight
Economic performance and conditions
Strengthening Congressional Oversight of Regulatory actions for Efficiency
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 1, 2013
Read twice and referred to the Committee on the Budget.
Aug 1, 2013
Introduced in Senate
Plain-English summary
Strengthening Congressional Oversight of Regulatory actions for Efficiency - Requires the Director of the Congressional Budget Office (CBO) to establish and maintain a separate Regulatory Analysis Division within CBO responsible for assessing the impact of federal rules and regulations.
Requires the Division to provide analysis:
- during the public comment period, of the prospective economic impact of economically significant proposed rules having an annual effect on the economy of $100 million or more or an adverse effect in a material way on the economy, a sector of the economy, productivity, competition, jobs, the environment, public health or safety, or state, local, or tribal governments or communities; and
- of economically significant regulations that have been in effect for five years, including an analysis of costs and benefits to determine if the regulation is meeting the stated goals it was intended to meet.
What's happening now
Read twice and referred to the Committee on the Budget.
Committees of jurisdiction
1