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HR 3442 115th Congress House Government Operations and Politics Administrative law and regulatory procedures Congressional oversight Economic performance and conditions Government studies and investigations

Reset Act of 2017

Introduced: July 27, 2017 Introduced by: Budd, Ted Republican · North Carolina See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 6, 2017
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Jul 27, 2017
Referred to the Committee on the Judiciary, and in addition to the Committees on Oversight and Government Reform, and Rules, 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.
Jul 27, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Reset Act of 2017

This bill requires the Government Accountability Office (GAO) to conduct a study to determine as of the date of enactment of this bill: (1) how many rules were in effect, (2) how many major rules were in effect, and (3) the total estimated economic cost imposed by all such rules. The GAO must report to Congress on such study within one year of the enactment of this bill.

Once the GAO issues such report, the bill applies the Congressional Review Act to major rules that are in effect on this bill's enactment. Thus, Congress may nullify an existing rule through a joint resolution of disapproval that receives a majority vote in both chambers.

What's happening now September 6, 2017

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

 Committees of jurisdiction 4