US HB2354 | 2015-2016 | 114th Congress

Status

Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: Introduced on May 13 2015 - 25% progression, died in chamber
Action: 2016-01-28 - Placed on the Union Calendar, Calendar No. 306.
Text: Latest bill text (Introduced) [PDF]

Summary

Streamlining Excessive and Costly Regulations Review Act (Sec. 2) This bill requires the Securities and Exchange Commission (SEC), within 5 years after enactment of this Act, and thereafter at least once within each 10-year period, to: review each significant regulation it has issued; determine by vote whether it is ineffective, excessively burdensome, unnecessary, or inconsistent with its mandate; solicit public comment as to whether the regulation should be amended or repealed; and subsequently amend or repeal accordingly. The SEC shall report to certain congressional committees the steps it has taken to implement the results of its decision, including any action to amend or repeal the target regulation. The bill declares that SEC determinations made pursuant to this Act are final and not subject to judicial review.

Tracking Information

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Title

Streamlining Excessive and Costly Regulations Review Act

Sponsors


History

DateChamberAction
2016-01-28HousePlaced on the Union Calendar, Calendar No. 306.
2016-01-28HouseReported (Amended) by the Committee on Financial Services. H. Rept. 114-403.
2015-05-20HouseOrdered to be Reported (Amended) by the Yeas and Nays: 41 - 16.
2015-05-20HouseCommittee Consideration and Mark-up Session Held.
2015-05-15HouseReferred to the House Committee on Financial Services.
2015-05-15HouseIntroduced in House
2015-05-13HouseHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.

Same As/Similar To

HB1675 (Related) 2016-02-04 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Subjects


US Congress State Sources


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