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United States · Bill · HR

H.R. 2840 (105th)

Regulatory Right-to-Know Act of 1997

openUnited States· United States Congress· EN

Introduced

6 November 1997

Last action

13 October 1998 · Introduced

Status

Sponsor introductory remarks on measure. (CR E2142)

Sponsors

Rep. Bliley, Tom [R-VA-7], Rep. McIntosh, David M. [R-IN-2], Rep. Condit, Gary A. [D-CA-18], Rep. Stenholm, Charles W. [D-TX-17], Rep. Shuster, Bud [R-PA-9], Rep. Pickett, Owen B. [D-VA-2], Rep. Goode, Virgil H., Jr. [R-VA-5], Rep. Hall, Ralph M. [R-TX-4], Rep. John, Christopher [D-LA-7], Rep. Turner, Jim [D-TX-2], Rep. English, Phil [R-PA-3], Rep. Goodlatte, Bob [R-VA-6], Rep. Armey, Richard K. [R-TX-26], Rep. DeLay, Tom [R-TX-22], Rep. Hastert, J. Dennis [R-IL-14], Rep. Smith, Lamar [R-TX-21], Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5], Rep. Gillmor, Paul E. [R-OH-5], Rep. Oxley, Michael G. [R-OH-4], Rep. Largent, Steve [R-OK-1], Rep. Hastings, Doc [R-WA-4], Rep. Myrick, Sue Wilkins [R-NC-9], Rep. Northup, Anne M. [R-KY-3], Rep. Archer, Bill [R-TX-7], Sen. Talent, Jim [R-MO], Rep. Sandlin, Max [D-TX-1], Rep. Manzullo, Donald A. [R-IL-16], Rep. Emerson, Jo Ann [R-MO-8], Rep. Watts, J. C., Jr. [R-OK-4], Rep. Gekas, George W. [R-PA-17]

Subjects

Taxation, Budget

Source updated

21 August 2025

Taxation · Budget

Summary

Regulatory Right-to-Know Act of 1997 - Directs the President, no later than January 2000 and each January every two years thereafter, to submit to the Congress an accounting statement that estimates the costs and corresponding benefits of Federal regulatory programs and program elements. Provides for each accounting statement submitted to: (1) cover, at a minimum, the costs and corresponding benefits for the five fiscal years preceding October 1 of the year in which the report is submitted; and (2) also contain a projection of the costs and corresponding benefits for the next ten fiscal years. Directs the President to propose the first accounting statement no later than one year after the enactment of this Act. Provides for such statement to cover, at a minimum, each of the preceding fiscal years beginning with FY 1997. Requires the President, acting through the Director of the Office of Management and Budget, in each year following the year in which the President submits an accounting statement and after notice and opportunity for comment, to submit to the Congress a report associated with the accounting statement containing: (1) analyses of impacts; (2) an analysis of jurisdictional overlaps, duplications, and potential inconsistencies among Federal regulatory programs; and (3) recommendations for reform. Requires the Director to: (1) provide guidance to agencies to standardize measures of costs and benefits in accounting statements and the format of the accounting statements; and (2) review submissions from agencies to assure consistency with the guidance. Directs the Director of the Congressional Budget Office, after each accounting statement and associated report is submitted to the Congress, to make recommendations to the President for improving accounting statements and associated reports.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 6 November 1997

    Introduced

    Referred to the House Committee on Government Reform and Oversight.

    Source: IntroReferral

  2. 6 November 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 6 November 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 7 November 1997

    Introduced

    Sponsor introductory remarks on measure. (CR E2201)

    Source: IntroReferral

  5. 12 November 1997

    Referred

    Referred to the Subcommittee on National Economic Growth, Natural Resources and Regulatory Affairs.

    Source: Committee

  6. 13 October 1998

    Introduced

    Sponsor introductory remarks on measure. (CR E2142)

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 6 November 1997

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  • Introduced in House (PDF)

    Introduced in House · EN · 6 November 1997

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  • Introduced in House

    summary · EN · 6 November 1997

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Sponsors

Related records

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Sources

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