US HB1281 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 25-0)
Status: Introduced on March 31 2011 - 25% progression, died in committee
Action: 2011-08-25 - Referred to the Subcommittee on Courts, Commercial and Administrative Law.
Pending: House Subcommittee on Courts, Commercial and Administrative Law Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Restoring Economic Certainty Act of 2011 - Prohibits federal agencies from taking any rulemaking action during the two-year period beginning 30 days after enactment of this Act. Extends any deadline for any action authorized or required to be taken before the end of such moratorium period for five months or until the end of the period, whichever is later. Specifies exceptions, including for actions that: (1) are determined to be necessary because of an imminent threat to health or safety or other emergency, for the enforcement of criminal laws, or to establish or enforce statutory rights against discrimination; or (2) pertain to a military or foreign affairs function other than procurement or to aviation safety. Requires each federal agency to submit an economic impact statement, which shall contain a detailed estimate of the total annual costs and benefits of a regulation or rule, including the anticipated net impact on employment, on each rulemaking action that was proposed but not promulgated before the start of such moratorium. Requires any rulemaking action after the moratorium ends to include such a statement. Exempts: (1) the General Accounting Office (GAO); (2) the Federal Election Commission (FEC); (3) the governments of the District of Columbia and of U.S. territories and possessions; (4) government-owned contractor-operated facilities; (5) the Board of Governors of the Federal Reserve System; and (6) the Federal Deposit Insurance Corporation (FDIC).

Tracking Information

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Title

Restoring Economic Certainty Act of 2011

Sponsors


History

DateChamberAction
2011-08-25HouseReferred to the Subcommittee on Courts, Commercial and Administrative Law.
2011-04-01HouseSponsor introductory remarks on measure. (CR H2218)
2011-04-01HouseReferred to the Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending.
2011-03-31HouseReferred to House Judiciary
2011-03-31HouseReferred to House Oversight and Government Reform
2011-03-31HouseReferred to the Committee on Oversight and Government Reform, and in addition to the Committee on the Judiciary, 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.

Same As/Similar To

HB213 (Related) 2011-02-08 - Referred to the Subcommittee on Regulatory Affairs, Stimulus Oversight and Government Spending .

Subjects


US Congress State Sources


Bill Comments

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