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H.R. 701 117th Congress House

Unfunded Mandates Accountability and Transparency Act

Official title: To amend the Unfunded Mandates Reform Act of 1995 to provide for regulatory impact analyses for certain rules, and for other purposes.

Introduced: February 2, 2021 Introduced by: Virginia Foxx Republican · North Carolina See on congress.gov
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 22, 2021
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Feb 2, 2021
Referred to the Committee on Oversight and Reform, and in addition to the Committees on Rules, the Budget, and 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.
Feb 2, 2021
Introduced in House
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 Latest action March 22, 2021

Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

 Plain-English summary Congressional Research Service

Unfunded Mandates Accountability and Transparency Act

This bill revises rulemaking requirements with respect to unfunded mandates.

Specifically, the bill requires federal agencies to prepare and publish in the Federal Register an initial and final regulatory impact analysis prior to promulgating any proposed or final major rule. The analysis must include regulatory alternatives to the rule.

Major rule means a rule that the Office of Information and Regulatory Affairs determines is likely to cause

  • an annual effect on the economy of $100 million or more;
  • a major increase in costs or prices for consumers, individual industries, federal, state, local, or tribal government agencies, or geographic regions; or
  • significant adverse effects on competition, employment, investment, productivity, innovation, public health and safety, or the ability of U.S.-based enterprises to compete with foreign-based enterprises in domestic and export markets.

Before promulgating any proposed or final major rule, an agency shall select the regulatory alternative that maximizes net benefits, taking into consideration only the costs and benefits that arise within the scope of the statutory provision that authorizes the rulemaking, with exceptions.

The bill prohibits Congress from considering a bill that increases private sector costs more than a certain amount unless certain conditions are met.

 Related & companion bills 3
  • S 170 Identical bill Unfunded Mandates Accountability and Transparency Act
  • HR 3230 Reintroduced Bill Unfunded Mandates Accountability and Transparency Act of 2023
  • HR 7332 Reintroduction of Unfunded Mandates Accountability and Transparency Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 5
 Cosponsors 1
All 1 Democratic 1
D
Cuellar, Henry
Texas · Feb 2, 2021
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 701: Unfunded Mandates Accountability and Transparency Act. 117th Congress. Open America. https://openamerica.io/bill/117-HR-701/
MLA
"H.R. 701: Unfunded Mandates Accountability and Transparency Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-701/.
Bluebook (legal)
H.R. 701, 117th Cong. (2026), https://openamerica.io/bill/117-HR-701/.
Markdown link
[H.R. 701: Unfunded Mandates Accountability and Transparency Act](https://openamerica.io/bill/117-HR-701/)
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