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]
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unnecessary, or inconsistent with its mandate; solicit public comment as to whether the regulation should be amended or repealed; and subsequently amend or repeal accordingly.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.
Title
Streamlining Excessive and Costly Regulations Review Act
Sponsors
| Rep. Robert Hurt [R-VA] | Sen. Kyrsten Sinema [I-AZ] | Rep. Bill Posey [R-FL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-01-28 | House | Placed on the Union Calendar, Calendar No. 306. |
| 2016-01-28 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 114-403. |
| 2015-05-20 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 41 - 16. |
| 2015-05-20 | House | Committee Consideration and Mark-up Session Held. |
| 2015-05-15 | House | Referred to the House Committee on Financial Services. |
| 2015-05-15 | House | Introduced in House |
| 2015-05-13 | House | Hearings 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
Administrative law and regulatory procedures
Banking and financial institutions regulation
Congressional oversight
Finance and financial sector
Securities
Securities and Exchange Commission (SEC)
Banking and financial institutions regulation
Congressional oversight
Finance and financial sector
Securities
Securities and Exchange Commission (SEC)
