S. 870 · 116th Congress
Unfunded Mandates Accountability Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
PortmanSponsorNo cosponsors.
This bill revises rulemaking requirements with respect to unfunded mandates.
What it does: CRS summary · Introduced in Senate · Mar 26, 2019
Unfunded Mandates Accountability Act
This bill revises rulemaking requirements with respect to unfunded mandates.
Specifically, the bill (1) 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 rule that may have an annual effect on the economy of $100 million or more (adjusted for inflation); (2) requires consideration of regulatory alternatives to the rule and requires the selection of the least costly, most cost-effective, or least burdensome alternative; (3) exempts from such requirements rules that concern monetary policy proposed or implemented by the Board of Governors of the Federal Reserve System or the Federal Open Market Committee; and (4) expands judicial review of agency rulemaking.
The bill extends certain budgetary requirements to independent regulatory agencies.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Unfunded Mandates Accountability Act
Latest action (Mar 26, 2019): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Policy area: Government Operations and Politics · Origin: Senate · Introduced: Mar 26, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.