Unfunded Mandates Accountability and Transparency Act

Summary

Unfunded Mandates Accountability and Transparency Act This bill revises rulemaking requirements with respect to unfunded mandates. Specifically, the bill requires federal agencies to prepare and publish in the Federal Register an initial and final regulatory impact analysis prior to promulgating any proposed or final major rule. The analysis must include regulatory alternatives to the rule. Major rule means a rule that the Office of Information and Regulatory Affairs determines is likely to cause an annual effect on the economy of $100 million or more; a major increase in costs or prices for consumers, individual industries, federal, state, local, or tribal government agencies, or geographic regions; or significant adverse effects on competition, employment, investment, productivity, innovation, public health and safety, or the ability of U.S.-based enterprises to compete with foreign-based enterprises in domestic and export markets. Before promulgating any proposed or final major rule, an agency shall select the regulatory alternative that maximizes net benefits, taking into consideration only the costs and benefits that arise within the scope of the statutory provision that authorizes the rulemaking, with exceptions. The bill prohibits Congress from considering a bill that increases private sector costs more than a certain amount unless certain conditions are met.

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Timeline

1. 25 June 2020

   Introduced

   Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

   Source: IntroReferral

2. 25 June 2020

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 22 July 2020

   Reported

   Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.

   Source: Committee

4. 16 December 2020

   Calendars

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 643.

   Source: Calendars

5. 16 December 2020

   Reported

   Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment. With written report No. 116-333.

   Source: Committee

6. 16 December 2020

   Reported

   Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment. With written report No. 116-333.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Reported to Senate · 16 December 2020 · Official file
• Introduced in Senate · 25 June 2020 · Official file

Documents

6 official files

• Reported to Senate (text)

  Reported to Senate · EN · 16 December 2020

  ViewDownloadOpen at official source

• Reported to Senate (PDF)

  Reported to Senate · EN · 16 December 2020

  ViewDownloadOpen at official source

• Reported to Senate

  summary · EN · 16 December 2020

  Open at official source

• Introduced in Senate (text)

  Introduced in Senate · EN · 25 June 2020

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 25 June 2020

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 25 June 2020

  Open at official source

Sponsors

• Sen. Portman, Rob [R-OH] · R · Sponsor
• Deb Fischer · R · Sponsor
• James Lankford · R · Sponsor
• Rick Scott · R · Cosponsor
• · ssga00 · Standing

Related records

• related to → Unfunded Mandates Accountability and Transparency Act
• related to → Unfunded Mandates Accountability Act
• related to → Unfunded Mandates Accountability and Transparency Act