US SB2931 | 2013-2014 | 113th Congress

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on November 17 2014 - 25% progression, died in committee
Action: 2014-11-17 - Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Pending: Senate Homeland Security And Governmental Affairs Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Unfunded Mandates Accountability Act of 2014 - Revises rulemaking requirements under the Unfunded Mandates Reform Act of 1995 (UMRA) to: (1) require federal agencies to prepare and publish in the Federal Register an initial and final regulatory impact analysis prior to promulgating any proposed or final rule that may have an annual effect on the economy of $100 million or more (adjusted for inflation); (2) make consideration of the least burdensome alternative to a rule mandatory and require the selection of the least costly, most cost-effective, or least burdensome alternative; (3) extend UMRA requirements to independent regulatory agencies; and (4) expand judicial review of agency rulemaking. Exempts from UMRA requirements rules that concern monetary policy proposed or implemented by the Board of Governors of the Federal Reserve System or the Federal Open Market Committee.

Tracking Information

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Title

Unfunded Mandates Accountability Act of 2014

Sponsors


History

DateChamberAction
2014-11-17SenateRead twice and referred to the Committee on Homeland Security and Governmental Affairs.

Same As/Similar To

HB4655 (Related) 2014-07-21 - Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Subjects


US Congress State Sources


Bill Comments

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