3.0.0 2801 2023-03-08T20:12:14Z 2023-03-08T20:12:14Z Senate S 2021-09-22 117 ssga00 Homeland Security and Governmental Affairs Committee Senate Standing Reported by 2022-12-19T21:30:41Z Markup by 2022-02-02T16:19:21Z Referred to 2021-09-22T19:57:43Z S. Rept. 117-273 2022-12-19 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 672. Calendars 2022-12-19 ssga00 Homeland Security and Governmental Affairs Committee Senate Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with an amendment in the nature of a substitute. With written report No. 117-273. Committee 2022-12-19 Committee on Homeland Security and Governmental Affairs. Reported by Senator Peters with an amendment in the nature of a substitute. With written report No. 117-273. Committee 14000 9 Library of Congress ssga00 Homeland Security and Governmental Affairs Committee 2022-02-02 ssga00 Homeland Security and Governmental Affairs Committee Senate Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably. Committee 2021-09-22 ssga00 Homeland Security and Governmental Affairs Committee Senate Read twice and referred to the Committee on Homeland Security and Governmental Affairs. IntroReferral 2021-09-22 Introduced in Senate IntroReferral 10000 9 Library of Congress S001191 Sen. Sinema, Kyrsten [D-AZ] Kyrsten Sinema D AZ N L000575 Sen. Lankford, James [R-OK] James Lankford R OK 2021-09-22 True Government Operations and Politics Administrative law and regulatory procedures Competition and antitrust Competitiveness, trade promotion, trade deficits Economic performance and conditions Inflation and prices Judicial review and appeals Government Operations and Politics 00 2021-09-22 Introduced in Senate 2022-12-23T17:20:56Z Setting Manageable Analysis Requirements in Text Act of 2021 or the SMART Act of 2021

This bill requires agencies, when publishing a proposed or final major rule, to include a framework for assessing whether the rule achieves its regulatory objective. An agency must assess a rule in the time frame included in the framework. The assessment must compare the rule's anticipated and actual benefits and costs.

The bill defines a major rule as a rule likely to cause (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices; or (3) significant effects on competition, employment, investment, productivity, innovation, health, safety, the environment, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.

]]> 25 2022-12-19 Reported to Senate 2022-12-23T17:36:50Z Setting Manageable Analysis Requirements in Text Act of 2022 or the SMART Act of 2022

This bill requires agencies, when publishing a proposed or final major rule, to include a framework for assessing whether the rule achieves its regulatory objective. An agency must assess a rule in the time frame included in the framework. The assessment must compare the rule's anticipated and actual benefits and costs.

The bill defines a major rule as a rule likely to cause (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices; or (3) significant adverse effects on competition, employment, investment, productivity, innovation, health, safety, the environment, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.

]]> SMART Act of 2022 Display Title SMART Act of 2022 Official Title as Introduced A bill to amend title 5, United States Code, to improve the effectiveness of major rules in accomplishing their regulatory objectives by promoting retrospective review, and for other purposes. Introduced in Senate IS Short Title(s) as Reported to Senate SMART Act of 2022 S Senate Reported to Senate RS Short Title(s) as Reported to Senate Setting Manageable Analysis Requirements in Text Act of 2022 S Senate Reported to Senate RS Short Title(s) as Introduced SMART Act of 2021 Introduced in Senate IS Short Title(s) as Introduced Setting Manageable Analysis Requirements in Text Act of 2021 Introduced in Senate IS Reported to Senate 2022-12-19T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s2801rs/xml/BILLS-117s2801rs.xml Introduced in Senate 2021-09-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s2801is/xml/BILLS-117s2801is.xml 2022-12-19 Placed on Senate Legislative Calendar under General Orders. Calendar No. 672. 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.