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US HR74

US HR74
REVIEW Act of 2017 Require Evaluation before Implementing Executive Wishlists Act of 2017


summary

Introduced
01/03/2017
In Committee
01/05/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

REVIEW Act of 2017 Require Evaluation before Implementing Executive Wishlists Act of 2017 Require Evaluation before Implementing Executive Wishlists Act of 2017 or the REVIEW Act of 2017 This bill prohibits a final agency rule from being published or taking effect until the agency submits the rule to the Office of Information and Regulatory Affairs (OIRA), and the OIRA makes a determination as to whether the rule is a high-impact rule. The bill defines a "high-impact rule" as a rule that may impose an annual cost on the economy of at least $1 billion. An agency shall postpone the effective date of a high-impact rule until the final disposition of all actions seeking judicial review of the rule.

AI Summary

This bill, the Require Evaluation before Implementing Executive Wishlists Act of 2017 or the REVIEW Act of 2017, prohibits a final agency rule from being published or taking effect until the agency submits the rule to the Office of Information and Regulatory Affairs (OIRA), and the OIRA determines whether the rule is a "high-impact rule," defined as a rule that may impose an annual cost on the economy of at least $1 billion. If the rule is deemed a high-impact rule, the agency must postpone the effective date of the rule until the final disposition of all actions seeking judicial review of the rule, unless no person seeks judicial review within a specified time period.

Committee Categories

Justice

Sponsors (31)

Last Action

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. (on 01/05/2017)

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