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    <number>148</number>
    <updateDate>2026-01-20T16:16:16Z</updateDate>
    <updateDateIncludingText>2026-01-20T16:16:16Z</updateDateIncludingText>
    <originChamber>Senate</originChamber>
    <originChamberCode>S</originChamberCode>
    <type>S</type>
    <introducedDate>2025-01-17</introducedDate>
    <congress>119</congress>
    <legislationUrl>https://www.congress.gov/bill/119th-congress/senate-bill/148</legislationUrl>
    <committees>
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        <systemCode>sssb00</systemCode>
        <name>Small Business and Entrepreneurship Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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          <item>
            <name>Hearings By (full committee)</name>
            <date>2025-11-19T20:16:50Z</date>
          </item>
        </activities>
      </item>
      <item>
        <systemCode>ssga00</systemCode>
        <name>Homeland Security and Governmental Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred To</name>
            <date>2025-01-17T15:57:45Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <relatedBills>
      <item>
        <title>RED TAPE Act</title>
        <congress>119</congress>
        <number>572</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2025-01-21</actionDate>
          <text>Referred to the Committee on the Judiciary, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
        </latestAction>
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            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
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        <actionDate>2025-11-19</actionDate>
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            <systemCode>sssb00</systemCode>
            <name>Small Business and Entrepreneurship Committee</name>
          </item>
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          <name>Senate</name>
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        <text>Committee on Small Business and Entrepreneurship. Hearings held.</text>
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      <item>
        <actionDate>2025-01-17</actionDate>
        <committees>
          <item>
            <systemCode>ssga00</systemCode>
            <name>Homeland Security and Governmental Affairs Committee</name>
          </item>
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        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
        <type>IntroReferral</type>
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      <item>
        <actionDate>2025-01-17</actionDate>
        <text>Introduced in Senate</text>
        <type>IntroReferral</type>
        <actionCode>10000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>E000295</bioguideId>
        <fullName>Sen. Ernst, Joni [R-IA]</fullName>
        <firstName>Joni</firstName>
        <lastName>Ernst</lastName>
        <party>R</party>
        <state>IA</state>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>L000575</bioguideId>
        <fullName>Sen. Lankford, James [R-OK]</fullName>
        <firstName>James</firstName>
        <lastName>Lankford</lastName>
        <party>R</party>
        <state>OK</state>
        <sponsorshipDate>2025-01-17</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Government Operations and Politics</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
          <updateDate>2025-03-13T15:43:06Z</updateDate>
        </item>
        <item>
          <name>Civil actions and liability</name>
          <updateDate>2025-03-13T15:43:24Z</updateDate>
        </item>
        <item>
          <name>Government information and archives</name>
          <updateDate>2025-03-13T15:43:19Z</updateDate>
        </item>
        <item>
          <name>Judicial review and appeals</name>
          <updateDate>2025-03-13T15:43:30Z</updateDate>
        </item>
        <item>
          <name>Office of Management and Budget (OMB)</name>
          <updateDate>2025-03-13T15:43:11Z</updateDate>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Government Operations and Politics</name>
        <updateDate>2025-02-27T16:45:12Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2025-01-17</actionDate>
        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2026-01-20T16:14:22Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;Regulations Evaluated to Determine The Anticipated Price and Effect Act or the RED TAPE Act&lt;/strong&gt;&lt;br/&gt;&lt;br/&gt;This bill prohibits federal agencies from considering any nonmonetized or unquantified factor when conducting a regulatory impact analysis or benefit-cost analysis for any proposed rule, final rule, or interim final rule.&lt;/p&gt;&lt;p&gt;Each agency must publish each regulatory impact analysis and benefit-cost analysis conducted by the agency with respect to a proposed rule, final rule, or interim final rule.&lt;br/&gt;&lt;br/&gt;Additionally, the Office of Management and Budget may not (1) authorize or endorse an agency's use of any nonmonetized or unquantified factor when conducting a regulatory impact analysis or benefit-cost analysis on any proposed rule, final rule, or interim final rule; or (2) consider any nonmonetized or unquantified factor presented in a regulatory impact analysis or benefit-cost analysis of another agency.&lt;br/&gt;&lt;br/&gt;The bill provides for judicial review of a rule issued by an agency that considered a nonmonetized or unquantified factor when conducting a regulatory impact or benefit-cost analysis. If a court finds that an agency relied upon such a factor to evaluate a final rule or interim final rule, the court must declare the rule invalid.&lt;/p&gt;&lt;p&gt;The bill takes effect 30 days after enactment.&lt;/p&gt;</text>
        </cdata>
      </summary>
    </summaries>
    <title>RED TAPE Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>RED TAPE Act</title>
        <updateDate>2025-11-20T12:03:19Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>RED TAPE Act</title>
        <updateDate>2025-02-20T02:08:20Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Regulations Evaluated to Determine The Anticipated Price and Effect Act</title>
        <updateDate>2025-02-20T02:08:20Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>A bill to prohibit the use of non-monetized or unqualified factors for regulatory analyses, and for other purposes.</title>
        <updateDate>2025-02-20T02:03:26Z</updateDate>
        <billTextVersionName>Introduced in Senate</billTextVersionName>
        <billTextVersionCode>IS</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in Senate</type>
        <date>2025-01-17T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-119s148is/xml/BILLS-119s148is.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2025-11-19</actionDate>
      <text>Committee on Small Business and Entrepreneurship. Hearings held.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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