S. 1807 · 114th Congress
RISE Small Business Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
DainesSponsor2 cosponsors · 2 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Regulatory Impact Scale on the Economy Small Business Act of 2015 or the RISE Small Business Act of 2015
What it does: CRS summary · Introduced in Senate · Jul 21, 2015
Regulatory Impact Scale on the Economy Small Business Act of 2015 or the RISE Small Business Act of 2015
Requires a federal agency, before promulgating a proposed or final rule that it determines is likely to have an annual effect on the economy of at least $100 million, to assign the rule to, and publish in the Federal Register, the following category that applies based on the highest possible annual effect the agency determines the rule is likely to have on the economy:
- category 1 rule likely to result in an annual effect of between $100 million and $499,999,999;
- category 2 rule likely to result in an annual effect of between $500 million and $999,999,999;
- category 3 rule likely to result in an annual effect of between $1 billion and $4,999,999,999;
- category 4 rule likely to result in an annual effect of between $5 billion and $9,999,999,999; and
- category 5 rule likely to result in an annual effect of not less than $10 billion.
Directs: (1) each agency to submit to the Office of Information and Regulatory Affairs (OIRA) annually a list of the rules, by category, that the agency published during the preceding year; and (2) OIRA to publish each list and an estimate of the costs and benefits of each included rule on www.reginfo.gov.
Defines "significant economic impact" for purposes of provisions concerning initial and final regulator flexibility analyses as an annual economic effect of at least $100 million.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: RISE Small Business Act of 2015
Also known as: Regulatory Impact Scale on the Economy Small Business Act of 2015
Latest action (Jul 21, 2015): Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S5212-5213; text of measure as introduced: CR S5213)
Policy area: Government Operations and Politics · Origin: Senate · Introduced: Jul 21, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.