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Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Regulatory Responsibility for our Economy Act of 2015

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to codify and modify regulatory requirements of Federal agencies.

Actions Overview (1)

Date Actions Overview
01/13/2015Introduced in Senate

All Actions (1)

Date All Actions
01/13/2015Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S203-204)
Action By: Senate

Cosponsors (19)

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Homeland Security and Governmental Affairs01/13/2015 Referred to

No related bill information was received for S.168.

Subjects (6)

Latest Summary (1)

There is one summary for S.168. View summaries

Shown Here:
Introduced in Senate (01/13/2015)

Regulatory Responsibility for our Economy Act of 2015

Sets forth general requirements for the federal regulatory system, including the protection of public health, welfare, safety, and the environment, the promotion of predictability in the regulatory process, and the consideration of benefits and costs of regulations.

Requires federal agencies to: (1) propose or adopt regulations only upon a reasoned determination that the benefits of such regulations justify their costs; (2) tailor regulations to impose the least burden on society and to maximize economic and other benefits; (3) involve the public and parties affected by regulations in the regulatory process; (4) develop regulatory actions that promote innovation, flexibility, and objectivity; and (5) consider methods to promote retrospective analysis of rules that may be outmoded, ineffective, insufficient, or excessively burdensome, and develop plans for reviewing on a periodic basis significant regulation actions (i.e., those having an annual effect on the economy of $100 million or more or otherwise adversely affecting the economy).

Provides for judicial review of any agency action required under this Act.