H.R.978 - Regulatory Improvement Act of 2017115th Congress (2017-2018)
|Sponsor:||Rep. Sinema, Kyrsten [D-AZ-9] (Introduced 02/07/2017)|
|Committees:||House - Oversight and Government; Rules|
|Latest Action:||House - 02/07/2017 Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Rules, 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. (All Actions)|
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Summary: H.R.978 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (02/07/2017)
Regulatory Improvement Act of 2017
This bill establishes in the legislative branch the Regulatory Improvement Commission to make recommendations and propose legislation for modification, consolidation, or repeal of regulations that have been finalized not later than 10 years before the establishment of the commission for the purpose of reducing compliance costs, encouraging growth and innovation, improving competitiveness, and protecting public safety.
The commission must give priority to such regulations that: (1) impose disproportionately high costs on a small entity, (2) create substantial recurring paperwork burdens or transaction costs, or (3) could be made more effective while reducing regulatory costs.
The bill sets forth reporting requirements for the commission and procedures for congressional consideration of commission reports, recommendations, and proposed legislation.