National Regulatory Budget Act of 2014
Latest action · Sep 26, 2014 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 24, 2014
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
National Regulatory Budget Act of 2014 - Establishes the Office of Regulatory Analysis in the executive branch as an independent establishment. Requires the Director of the Office to submit an annual report to specified congressional committees that includes: (1) regulatory costs imposed on regulated entities; (2) an analysis of any major changes in estimation methodology used by the Office since its last annual report; (3) an analysis of any major estimate changes caused by improved or inadequate data; (4) recommendations on how regulations may be streamlined, simplified, and modernized; and (5) recommendations for repealing regulations and reducing the cost of regulations without diminishing their effectiveness.
Requires the Director to publish a regulatory analysis of each proposed covered federal rule (a rule, an information collection requirement, guidance, or a directive that imposes not less than $25 million in annual costs on regulated entities) and each proposed withdrawal or modification of a covered federal rule by an executive agency that imposes or reduces costs on a regulated entity.
Requires Congress to pass an annual bill establishing a National Regulatory Budget that sets an overall regulatory cost cap and an agency regulatory cost cap for each executive agency for the fiscal year.
Requires agencies to provide the information that the Director requests and imposes sanctions for failing to cooperate.
Prohibits an executive agency that exceeds the annual agency regulatory cost cap imposed by the National Regulatory Budget for a fiscal year from promulgating a new covered federal rule that increases regulatory costs.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jul 24, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-GA | Doug Collins | Original | Jul 24, 2014 |
Committees 5
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Oversight and Government Reform Committee | Referred Jul 24, 2014 |
| House | Judiciary Committee | Referred Jul 24, 2014 |
| Administrative State, Regulatory Reform, and Antitrust Subcommittee | Referred Sep 26, 2014 | |
| House | Ways and Means Committee | Referred Jul 24, 2014 |
| House | Rules Committee | Referred Jul 24, 2014 |
| House | Appropriations Committee | Referred Jul 24, 2014 |
Actions 3
Everything that happened, newest first.
- Sep 26, 2014Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
- Jul 24, 2014Introduced in House
- Jul 24, 2014Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on the Judiciary, Ways and Means, Rules, and Appropriations, 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.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Lists H6815H.R. 5184–5202 | — | Jul 24, 2014 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the page H6815.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R41974 | Cost-Benefit and Other Analysis Requirements in the Rulemaking Process Archived | Report | Dec 9, 2014 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2153 | National Regulatory Budget Act of 2014 | Related bill | Mar 25, 2014 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To establish a National Regulatory Budget, and for other purposes.
- Short Titles as Introduced
- National Regulatory Budget Act of 2014
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
Text 1
Each version as it was printed, newest first.
- Jul 24, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
