Comprehensive Regulatory Reform Act of 1995

openUnited States· United States Congress· EN

Introduced

2 February 1995

Last action

20 July 1995 · Floor

Status

Third cloture on the substitute amendment (SP 1487) not invoked in Senate by Yea-Nay Vote. 58-40. Record Vote No: 315.

Summary

Comprehensive Regulatory Reform Act of 1995 - Amends Federal law to define "major rule" as a rule or a group of closely related rules that the proposing agency or the President determines is likely to have an annual effect on the economy of $50 million or more in reasonably quantifiable increased costs, or has a significant impact on a sector of the economy. (Sec. 2) Authorizes an agency proposing the rule or the President to designate as a major rule any rule or group of closely related rules which is likely to result in: (1) a substantial increase in costs or prices for wage earners, consumers, individual industries, nonprofit organizations, Federal, State, or local government agencies, or geographic regions; or (2) significant adverse effects on competition, employment, investment, productivity, innovation, the environment, public health or safety, or the ability of enterprises whose principal places of business are in the United States to compete in domestic or export markets. Requires each Federal agency, before publishing notice of proposed rulemaking for any rule, to determine whether the rule is or should be designated major. Requires the agency to issue at the time of the notice of proposed rulemaking a draft cost-benefit analysis which shall be summarized in such notice. Prohibits an agency from promulgating a rule unless it finds that: (1) the rule's potential benefits to society outweigh its costs; and (2) such rule will provide greater net benefits to society than reasonable alternatives, including certain market-based mechanisms. Subjects agency and presidential rule determinations or designations to judicial review. Authorizes any person subject to a major rule to petition the agency or the President to perform a cost-benefit analysis. Requires an agency, before a major rule can become final, to submit to the Congress a copy of the rule and a report containing a concise statement on the rule, a complete copy of the cost-benefit analysis, and the proposed effective date of the rule. Prohibits a rule from becoming final if the Congress passes a joint resolution of disapproval. Prohibits the promulgation of any rule that expands Federal jurisdiction beyond the level of regulatory action needed to satisfy statutory requirements. Requires a court reviewing a final agency action to affirm an agency's interpretation of the statute granting authority to promulgate the rule if, in applying traditional principles of statutory construction, it finds that the interpretation is clearly the interpretation of the statute intended by the Congress. Requires the President to: (1) establish procedures for agency compliance with this Act; and (2) monitor, review, and ensure such compliance. Authorizes an affected small entity to petition for the judicial review of a final rule with respect to which an agency: (1) has certified that it would not have a significant economic impact on a substantial number of small entities; or (2) prepared a final regulatory flexibility analysis.

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Timeline

2 February 1995
Introduced
Read twice and referred to the Committee on Judiciary.
Source: Floor
2 February 1995
Introduced
Sponsor introductory remarks on measure. (CR S2056-2057)
Source: IntroReferral
2 February 1995
Introduced
Introduced in Senate
Source: IntroReferral
3 February 1995
Introduced
Referred jointly to the Committees on Judiciary; Governmental Affairs by unanimous consent.
Source: IntroReferral
22 February 1995
Committee
Committee on the Judiciary Senate Subcommittee on Administrative Oversight and the Courts. Hearings held. With printed Hearing: S.Hrg. 104-677.
Source: Committee
24 February 1995
Committee
Committee on the Judiciary Senate Subcommittee on Administrative Oversight and the Courts. Hearings held. With printed Hearing: S.Hrg. 104-677.
Source: Committee
14 March 1995
Committee
Subcommittee on Oversight and Courts. Approved for full committee consideration with an amendment in the nature of a substitute without recommendation.
Source: Committee
17 March 1995
Committee
Committee on Judiciary. Hearings held. Hearings printed: S.Hrg. 104-686.
Source: Committee
23 March 1995
Reported
Committee on Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
Source: Committee
5 April 1995
Committee
Committee on Judiciary. Committee consideration and Mark Up Session held.
Source: Committee
6 April 1995
Committee
Committee on Judiciary. Committee consideration and Mark Up Session held.
Source: Committee
26 April 1995
Reported
Committee on Judiciary. Ordered to be reported with an amendment in the nature of a substitute favorably.
Source: Committee
26 May 1995
Calendars
Placed on Senate Legislative Calendar under General Orders. Calendar No. 118.
Source: Calendars
26 May 1995
Floor
By Senator Roth for Senator Hatch from Committee on Judiciary filed written report. Report No. 104-90. Additional and supplemental views filed.
Source: Floor
26 May 1995
Committee
By Senator Roth for Senator Hatch from Committee on Judiciary filed written report. Report No. 104-90. Additional and supplemental views filed.
Source: Committee
26 May 1995
Reported
Committees on Governmental Affairs; Judiciary. Jointly reported to Senate by Senator Roth with amendments in the nature of a substitute. With written report No. 104-89. Additional views filed.
Source: Committee
26 May 1995
Reported
Committees on Governmental Affairs; Judiciary. Jointly reported to Senate by Senator Roth with amendments in the nature of a substitute. With written report No. 104-89. Additional views filed.
Source: Committee
28 June 1995
Floor
Measure laid before Senate. (consideration: CR S9260-9296)
Source: Floor
29 June 1995
Floor
Considered by Senate. (consideration: CR S9349, S9351-9356, S9412-9414)
Source: Floor
30 June 1995
Floor
Considered by Senate. (consideration: CR S9509)
Source: Floor
10 July 1995
Floor
Considered by Senate. (consideration: CR S9606-9624, S9628-9637)
Source: Floor
11 July 1995
Floor
Considered by Senate. (consideration: CR S9653-9693, S9695-9708)
Source: Floor
12 July 1995
Floor
Considered by Senate. (consideration: CR S9733-9792, S9794)
Source: Floor
13 July 1995
Floor
Considered by Senate. (consideration: CR S9834-9902)
Source: Floor
14 July 1995
Floor
Considered by Senate. (consideration: CR S9946-9971, S9974-9979, S9981-9986, S9988-9996)
Source: Floor
17 July 1995
Floor
Considered by Senate. (consideration: CR S10086-10146)
Source: Floor
18 July 1995
Floor
Considered by Senate. (consideration: CR S10189-10224)
Source: Floor
20 July 1995
Floor
Considered by Senate. (consideration: CR S10386-10401)
Source: Floor

Votes

No vote records are attached yet.

Versions

Reported to Senate · 26 May 1995 · Download file
Reference Change Senate · 3 February 1995 · Download file
Introduced in Senate · 2 February 1995 · Download file

Documents

9 official files

Reported to Senate (text)

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Reported to Senate (text)
Reported to Senate · EN · 26 May 1995
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Reported to Senate (PDF)
Reported to Senate · EN · 26 May 1995
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Reported to Senate amended, 2nd committee reporting
summary · EN · 26 May 1995
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Reported to Senate amended, 1st committee reporting
summary · EN · 26 May 1995
Open at official source
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Reference Change Senate (text)
Reference Change Senate · EN · 3 February 1995
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Reference Change Senate (PDF)
Reference Change Senate · EN · 3 February 1995
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Introduced in Senate (text)
Introduced in Senate · EN · 2 February 1995
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Introduced in Senate (PDF)
Introduced in Senate · EN · 2 February 1995
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Introduced in Senate
summary · EN · 2 February 1995
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Related records

related to → Regulatory Reform and Relief Act
related to → Regulatory Reform Act of 1995
amends ← SAMDT 1513
amends ← SAMDT 1521
amends ← SAMDT 1529
amends ← SAMDT 1541
amends ← SAMDT 1553
amends ← SAMDT 1557
amends ← SAMDT 1518
amends ← SAMDT 1561

Showing 10 of 339 related records.

Sources

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Official source: https://www.congress.gov/bill/104th-congress/senate-bill/343
Open data entity: https://api.congress.gov/v3/bill/104/s/343
us · 104-s-343 · source updated 10 August 2026