SMART Act of 2022
Latest action · Dec 19, 2022 Placed on Senate Legislative Calendar under General Orders. Calendar No. 672.
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.
- IntroducedSep 22, 2021
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Setting Manageable Analysis Requirements in Text Act of 2022 or the SMART Act of 2022
This bill requires agencies, when publishing a proposed or final major rule, to include a framework for assessing whether the rule achieves its regulatory objective. An agency must assess a rule in the time frame included in the framework. The assessment must compare the rule's anticipated and actual benefits and costs.
The bill defines a major rule as a rule likely to cause (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices; or (3) significant adverse effects on competition, employment, investment, productivity, innovation, health, safety, the environment, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.
Cosponsors 1
Members who signed on, in the order they did. All signed on Sep 22, 2021.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OK | James Lankford | Original | Sep 22, 2021 |
Actions 5
Everything that happened, newest first.
- Dec 19, 2022Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with an amendment in the nature of a substitute. With written report No. 117-273.
- Dec 19, 2022Placed on Senate Legislative Calendar under General Orders. Calendar No. 672.
- Feb 2, 2022Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
- Sep 22, 2021Introduced in Senate
- Sep 22, 2021Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Subjects
Assigned by the Library of Congress. Policy area: Government Operations and Politics.
Text 2
Each version as it was printed, newest first.
- Dec 19, 2022Reported to Senate
- Sep 22, 2021Introduced 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.