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S. 1472 · 113th Congress

Strengthening Congressional Oversight of Regulatory actions for Efficiency

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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

2 cosponsors · 1 R, 1 I

1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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.

What it does: CRS summary · Introduced in Senate · Aug 1, 2013

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.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Strengthening Congressional Oversight of Regulatory actions for Efficiency

Latest action (Aug 1, 2013): Read twice and referred to the Committee on the Budget.

Policy area: Economics and Public Finance · Origin: Senate · Introduced: Aug 1, 2013

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.