S.191 - Regulatory Responsibility for our Economy Act of 2013

A bill to codify and modify regulatory requirements of Federal agencies. view all titles (2)

All Bill Titles

  • Official: A bill to codify and modify regulatory requirements of Federal agencies. as introduced.
  • Short: Regulatory Responsibility for our Economy Act of 2013 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
01/31/13
 
 
 
 
 
 
 

Sponsor

R000307

Senator

Pat Roberts

R-KS

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Official Summary

Regulatory Responsibility for our Economy Act of 2013 - Sets forth general requirements for the federal regulatory system, including the protection of public health, welfare, safety, and the environment, the promotion of predictability in the regulatory process, and the consideration of ben

Official Summary

Regulatory Responsibility for our Economy Act of 2013 - Sets forth general requirements for the federal regulatory system, including the protection of public health, welfare, safety, and the environment, the promotion of predictability in the regulatory process, and the consideration of benefits and costs of regulations. Requires federal agencies to:
(1) propose or adopt regulations only upon a reasoned determination that the benefits of such regulations justify their costs;
(2) tailor regulations to impose the least burden on society and to maximize economic and other benefits;
(3) involve the public and parties affected by regulations in the regulatory process;
(4) develop regulatory actions that promote innovation, flexibility, and objectivity; and
(5) consider methods to promote retrospective analysis of rules that may be outmoded, ineffective, insufficient, or excessively burdensome, and develop plans for reviewing on a periodic basis significant regulation actions (i.e., those having an annual effect on the economy of $100 million or more or otherwise adversely affecting the economy). Provides for judicial review of any agency action required under this Act.

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