HR 5513 · 114th Congress 2015โ€“2017, ended

PROVE IT Act of 2016

Latest action · Jun 21, 2016 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.

  1. IntroducedJun 16, 2016
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Providing Retrospective Observations Validating Economics and Increasing Transparency Act of 2016 or the PROVE IT Act of 2016

This bill requires a federal agency that publishes a final major rule in the Federal Register to publish, biannually while the rule remains in effect, a report on the benefits and costs of such rule to regulated entities. The report shall:

  • assess the impacts of the rule on such entities,
  • include a determination about how the actual benefits and costs of the rule have varied from those anticipated when the rule was issued,
  • assess the effectiveness and benefits of the rule in producing its regulatory objectives, and
  • be reviewed by the Office of Information and Regulatory Affairs (OIRA) when required under executive order.

The agency shall: (1) within 90 days after determining that the cost of a rule to regulated entities has exceeded the cost anticipated, report to Congress on the effectiveness and necessity of, and lower-cost alternatives to, the rule; and (2) reopen the public docket to receive additional comments and consider modifications or alternatives that reduce costs and increase benefits to regulated entities.

The bill defines "major rule" as any rule that OIRA finds has resulted in or is likely to result in:

  • an annual effect on the economy of $100 million or more;
  • a major increase in costs or prices for consumers, individual industries, government agencies, or geographic regions; or
  • significant adverse effects on competition, employment investment, productivity, innovation, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.

Cosponsors 26

Members who signed on, in the order they did. Signatures ran from Jun 16, 2016 to Sep 12, 2016; 15 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-GAAustin ScottOriginalJun 16, 2016
R-GABarry LoudermilkOriginalJun 16, 2016
R-TXBrian BabinOriginalJun 16, 2016
R-LACharles W. Boustany, Jr.OriginalJun 16, 2016
D-TXHenry CuellarOriginalJun 16, 2016
R-MOJason SmithOriginalJun 16, 2016
R-NDKevin CramerOriginalJun 16, 2016
R-TXLouie GohmertOriginalJun 16, 2016
R-MIMike BishopOriginalJun 16, 2016
R-LARalph Lee AbrahamOriginalJun 16, 2016
R-ILRandy HultgrenOriginalJun 16, 2016
R-ILRobert J. DoldOriginalJun 16, 2016
R-IASteve KingOriginalJun 16, 2016
R-FLTed S. YohoOriginalJun 16, 2016
R-INTodd RokitaOriginalJun 16, 2016
R-CADuncan HunterJun 21, 2016
R-TXPete OlsonJun 22, 2016
R-TXRoger WilliamsJun 22, 2016
R-WADan NewhouseJul 5, 2016
R-MSSteven M. PalazzoJul 5, 2016
R-MNTom EmmerJul 5, 2016
R-GAEarl L. "Buddy" CarterJul 6, 2016
R-VADave BratJul 7, 2016
R-NYJohn KatkoJul 7, 2016
R-IADavid YoungSep 7, 2016
R-ILDarin LaHoodSep 12, 2016

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseJudiciary Committee
Referred Jun 16, 2016
Administrative State, Regulatory Reform, and Antitrust Subcommittee
Referred Jun 21, 2016

Actions 3

Everything that happened, newest first.

  1. Jun 21, 2016Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
  2. Jun 16, 2016Introduced in House
  3. Jun 16, 2016Referred to the House Committee on the Judiciary.

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

Congress has the power to enact this legislation pursuant to the following: Article I of the US Constitution, including the power granted to Congress under Article I, Section 8, Clause 18.

The sponsor’s statement, as printed in the Congressional Record, vol. 162, no. 96, June 16, 2016, page H3968.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 1817Smarter Regs Act of 2015Related billJun 20, 2016

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To provide for Federal agency accountability and improve the effectiveness of major rules in accomplishing their regulatory objectives by requiring retrospective review and report, and for other purposes.
Short Titles as Introduced
PROVE IT Act of 2016
Providing Retrospective Observations Validating Economics and Increasing Transparency Act of 2016

Subjects

Assigned by the Library of Congress. Policy area: Government Operations and Politics.

Text 1

Each version as it was printed, newest first.

  1. Jun 16, 2016Introduced in House

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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.