Unfunded Mandates Information and Transparency Act of 2020
Latest action · May 12, 2020 Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
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.
- IntroducedMay 12, 2020
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Unfunded Mandates Information and Transparency Act of 2020
This bill broadens the requirements for the Congressional Budget Office (CBO) to study and report on the impact of federal mandates in legislation and estimate their direct costs to state, local, and tribal governments, and the private sector. Specifically, it requires CBO's estimates to include (1) costs to state, local, or tribal governments to implement proposed changes of the conditions for participating in a federal assistance program, upon the request of certain Members of Congress; (2) indirect costs to the private sector, such as foregone profits and costs passed onto consumers and other entities; and (3) costs of rules issued by independent regulatory agencies, except the Board of Governors of the Federal Reserve System or the Federal Open Market Committee.
In addition, the bill prohibits consideration of legislation that would increase the direct cost of private sector mandates beyond certain limits, unless such prohibition is waived by Congress.
The bill further revises the federal regulatory process by, among other things (1) transferring certain responsibilities from the Office of Management and Budget to the Office of Information and Regulatory Affairs, (2) establishing criteria to guide agencies in assessing the effects of federal regulatory actions, (3) revising requirements for agency statements accompanying significant regulatory actions, (4) requiring agencies to develop a process for private sector parties to provide input on regulatory proposals containing significant federal mandates, and (5) requiring agencies to conduct a retrospective analysis of an existing regulation upon the request of certain Members of Congress.
Cosponsors 1
Members who signed on, in the order they did. All signed on May 12, 2020.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OK | James Lankford | Original | May 12, 2020 |
Actions 2
Everything that happened, newest first.
- May 12, 2020Introduced in Senate
- May 12, 2020Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 300 | Unfunded Mandates Information and Transparency Act of 2019 | Related bill | Jan 8, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
- Administrative law and regulatory procedures
- Congressional oversight
- Executive agency funding and structure
- Federal-Indian relations
- Government information and archives
- Government Operations and Politics
- Government studies and investigations
- Intergovernmental relations
- Judicial review and appeals
- Legislative rules and procedure
- Office of Management and Budget (OMB)
- State and local finance
Text 1
Each version as it was printed, newest first.
- May 12, 2020Introduced in Senate
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.