Increased Congressional Oversight of Major Government Regulations
This act aims to increase Congressional oversight of new, significant regulations introduced by government agencies. It means that before such regulations can take effect, Congress will need to approve them, which may impact the speed and manner of implementing changes concerning, for example, product costs, service prices, or employment conditions. The goal is greater transparency and accountability in the law-making process.
Key points
Major government regulations (e.g., those with an annual economic impact of $100 million or more, or significantly increasing costs for consumers) will require Congressional approval before becoming effective.
Government agencies will need to submit detailed reports to Congress on new regulations, including cost-benefit analyses and impact on jobs.
Congress will have a specific timeframe to approve major regulations; if not approved, the regulations will not take effect.
The act aims to increase citizens' influence on the law-making process through greater Congressional control over agency actions.
Expired
Additional Information
Print number: 117_HR_1776
Sponsor: Rep. Cammack, Kat [R-FL-3]
Process start date: 2021-03-10