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United States · Bill · HR

H.R. 4078 (112th)

Red Tape Reduction and Small Business Job Creation Act

openUnited States· United States Congress· EN

Introduced

17 February 2012

Last action

Status

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 477.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Regulatory Freeze for Jobs Act of 2012 - Prohibits any federal agency from taking any significant regulatory action until the Bureau of Labor Statistics (BLS) reports a monthly unemployment rate equal to or less than 6.0%.   Defines as "significant" any regulatory action that is likely to: (1) have an annual cost to the economy of $100 million or more or adversely affect the economy, productivity, competition, jobs, the environment, public health or safety, small entities, or state, local, or tribal governments or communities; (2) create a serious inconsistency or otherwise interfere with another agency's action; (3) materially alter the budgetary impact of entitlements, grants, user fees, or loan programs or the rights and obligations of recipients thereof; or (4) raise novel legal or policy issues. Permits an agency to take a significant regulatory action if the President determines that such regulatory action is: (1) necessary because of an imminent threat to health or safety or other emergency, for the enforcement of criminal laws, or for U.S. national security; or (2) issued to implement an international trade agreement. Allows judicial review of challenged agency actions and of determinations by the President under this Act.

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Documents

12 official files

Placed on Calendar Senate (text)

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Sources

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