US Congress Senate Bill 686 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on March 21 2017 - 25% progression, died in committee
Action: 2017-03-21 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Pending: Senate Homeland Security And Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Unfunded Mandates Accountability Act of 2017 This bill revises rulemaking requirements under the Unfunded Mandates Reform Act of 1995 (UMRA) to: (1) require 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) make consideration of the least burdensome alternative to a rule mandatory and require the selection of the least costly, most cost-effective, or least burdensome alternative; (3) exempt 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) expand judicial review of agency rulemaking. The bill amends the Congressional Budget Act of 1974 to extend such Act's requirements to independent regulatory agencies.

Unfunded Mandates Accountability Act of 2017

Sen. Rob Portman [R-OH]

Sen. Orrin Hatch [R-UT]

Date	Chamber	Action
2017-03-21	Senate	Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/senate-bill/686/all-info
Text	https://www.congress.gov/115/bills/s686/BILLS-115s686is.pdf