A bill to provide for the inclusion of independent regulatory agencies in the application of the Unfunded Mandates Reform Act of 1995 (2 U.S.C. 1501 et seq.).

Summary

Amends the Congressional Budget and Impoundment Control Act of 1974 to revise the definition of "agency" to include independent regulatory agencies for purposes of provisions concerning federal mandates. Amends the Unfunded Mandates Reform Act of 1995 to provide that provisions of such Act relating to regulatory accountability and reform, review of federal mandates, and judicial review shall not apply to rules concerning monetary policy proposed or implemented by the Board of Governors of the Federal Reserve System or the Federal Open Market Committee.

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

Timeline

1. 14 April 2011

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 14 April 2011

   Introduced

   Read twice and referred to the Committee on the Budget.

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 14 April 2011 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 14 April 2011

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 14 April 2011

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 April 2011

  Open at official source

Sponsors

• Sen. Portman, Rob [R-OH] · R · Sponsor
• · ssbu00 · Standing

Related records

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