3.0.0 2153 2023-01-11T13:26:45Z 2023-01-11T13:26:45Z Senate S S 2014-03-25 113 ssga00 Homeland Security and Governmental Affairs Committee Senate Standing Referred to 2014-03-25T16:33:18Z National Regulatory Budget Act of 2014 113 5184 HR 2014-09-26 Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law. Related bill CRS 2014-03-25 ssga00 Homeland Security and Governmental Affairs Committee Senate Read twice and referred to the Committee on Homeland Security and Governmental Affairs. IntroReferral 2014-03-25 Introduced in Senate IntroReferral 10000 9 Library of Congress R000595 Sen. Rubio, Marco [R-FL] Marco Rubio R FL N B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2014-03-26 False C000542 Sen. Coats, Daniel [R-IN] DANIEL COATS R IN RAY 2014-03-26 False C001098 Sen. Cruz, Ted [R-TX] Ted Cruz R TX 2014-03-26 False G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. 2014-03-26 False I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2014-03-26 False J000291 Sen. Johanns, Mike [R-NE] Mike Johanns R NE 2014-03-26 False M000355 Sen. McConnell, Mitch [R-KY] Mitch McConnell R KY 2014-03-26 False R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2014-03-26 False R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2014-03-26 False T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2014-03-26 False W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2014-03-26 False E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2014-03-31 False Government Operations and Politics Administrative law and regulatory procedures Appropriations Budget process Congressional oversight Executive agency funding and structure Federal officials Government information and archives Small business Government Operations and Politics 00 2014-03-25 Introduced in Senate 2014-05-15T22:28:56Z National Regulatory Budget Act of 2014 - Establishes the Office of Regulatory Analysis in the executive branch as an independent establishment. Requires the Director of such Office to submit by January 30 of each year to the House Committees on Oversight and Government Reform and Small Business and the Senate Committees on Homeland Security and Governmental Affairs and Small Business and Entrepreneurship a Report on National Regulatory Costs, which shall include: (1) regulatory costs imposed on regulated entities; (2) an analysis of any major changes in estimation methodology used by the Office since its last annual report; (3) an analysis of any major estimate changes caused by improved or inadequate data; and (4) recommendations on how regulations may be streamlined, simplified, and modernized, what regulations should be repealed, and how the federal government may reduce the cost of regulations without diminishing their effectiveness.

Requires the Director to publish in the Federal Register and on the website of the Office a regulatory analysis of each proposed covered federal rule (i.e., a rule, an information collection requirement, guidance, or a directive that imposes not less than $25 million in annual costs on regulated entities) and each proposed withdrawal or modification of a covered federal rule by an executive agency that imposes or reduces costs on a regulated entity.

Requires Congress, not later than July 31 of each year, to pass a bill establishing a National Regulatory Budget that sets an annual overall regulatory cost cap and an annual agency regulatory cost cap for each executive agency for the fiscal year beginning on October 1. Provides that the initial National Regulatory Budget shall take effect in FY2016.

Makes cooperation with the requests of the Director for information mandatory upon executive agencies. Imposes sanctions on such agencies for failure to provide timely information to the Director.

Prohibits an executive agency that exceeds the annual agency regulatory cost cap imposed by the National Regulatory Budget for a fiscal year from promulgating a new covered federal rule that increases regulatory costs.

Requires the Director to report to Congress on positions in the federal government that are duplicative of the work performed by the Office and on the effectiveness of regulatory analysis.

]]> National Regulatory Budget Act of 2014 Display Title National Regulatory Budget Act of 2014 Official Title as Introduced A bill to establish a National Regulatory Budget, and for other purposes. Introduced in Senate IS Short Titles as Introduced National Regulatory Budget Act of 2014 Introduced in Senate 2014-03-25T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113s2153is/xml/BILLS-113s2153is.xml 2014-03-25 Read twice and referred to the Committee on Homeland Security and Governmental Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.