United States · Bill · S
S. 1523 (115th)
Unfunded Mandates Information and Transparency Act of 2017
Introduced
10 July 2017
Last action
10 July 2017 · Introduced
Status
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Sponsors
Sen. Fischer, Deb [R-NE], Sen. Lankford, James [R-OK]
Subjects
Budget
Source updated
5 December 2025
Summary
Unfunded Mandates Information and Transparency Act of 2017 This bill amends the Congressional Budget Act of 1974 to broaden the scope of the Act. Under the Act, the Congressional Budget Office (CBO) must study and report on the impact of federal mandates in legislation and estimate their direct costs to state, local, and tribal governments, and the private sector. This bill requires CBO's estimates to include: (1) costs to state, local, or tribal governments participating in a federal assistance program for carrying out changes in conditions of federal assistance that are proposed by legislation, upon the request of certain members of Congress; (2) indirect costs to the private sector, such as foregone profits and costs passed onto consumers and other entities; and (3) costs of rules issued by independent regulatory agencies, except the Board of Governors of the Federal Reserve System, the Federal Open Market Committee, or the Consumer Financial Protection Bureau. In addition, Congress may raise a substantive point of order when considering legislation that would increase the direct cost of private sector mandates beyond certain limits. The bill amends the Unfunded Mandates Reform Act of 1995, including by: (1) transferring certain responsibilities from the Office of Management and Budget to the Office of Information and Regulatory Affairs, (2) establishing criteria to guide agencies in assessing the effects of federal regulatory actions, (3) revising requirements for agency statements accompanying significant regulatory actions, (4) requiring agencies to develop a process that allows impacted private sector parties to provide input on regulatory proposals containing significant federal mandates, and (5) requiring agencies to conduct a retrospective analysis of an existing regulation upon the request of certain members of Congress.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
10 July 2017
Introduced
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Source: IntroReferral
10 July 2017
Introduced
Introduced in Senate
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 10 July 2017 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 10 July 2017
Introduced in Senate (PDF)
Introduced in Senate · EN · 10 July 2017
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Introduced in Senate
summary · EN · 10 July 2017
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Fischer, Deb [R-NE] · R · Sponsor
- Sen. Lankford, James [R-OK] · R · Sponsor
- · ssga00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/115th-congress/senate-bill/1523
- Open data entity: https://api.congress.gov/v3/bill/115/s/1523
- us · 115-s-1523 · source updated 5 December 2025