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Unfunded Mandates Accountability and Transparency Act

USA117th CongressS-170| Senate 
| Updated: 2/2/2021
Rob Portman

Rob Portman

Republican Senator

Ohio

Cosponsors (3)
Rick Scott (Republican)James Lankford (Republican)Deb Fischer (Republican)

Homeland Security and Governmental Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Unfunded Mandates Accountability and Transparency Act This bill revises rulemaking requirements with respect to unfunded mandates. Specifically, the bill requires federal agencies to prepare and publish in the Federal Register an initial and final regulatory impact analysis prior to promulgating any proposed or final major rule. The analysis must include regulatory alternatives to the rule. Major rule means a rule that the Office of Information and Regulatory Affairs determines is likely to cause an annual effect on the economy of $100 million or more; a major increase in costs or prices for consumers, individual industries, federal, state, local, or tribal government agencies, or geographic regions; or significant adverse effects on competition, employment, investment, productivity, innovation, public health and safety, or the ability of U.S.-based enterprises to compete with foreign-based enterprises in domestic and export markets. Before promulgating any proposed or final major rule, an agency shall select the regulatory alternative that maximizes net benefits, taking into consideration only the costs and benefits that arise within the scope of the statutory provision that authorizes the rulemaking, with exceptions. The bill prohibits Congress from considering a bill that increases private sector costs more than a certain amount unless certain conditions are met.
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Timeline

Bill from Previous Congress

S 116-4077
Unfunded Mandates Accountability and Transparency Act
Feb 2, 2021
Introduced in Senate
Feb 2, 2021
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Mar 22, 2021

Latest Companion Bill Action

HR 117-701
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
  • Bill from Previous Congress

    S 116-4077
    Unfunded Mandates Accountability and Transparency Act


  • February 2, 2021
    Introduced in Senate


  • February 2, 2021
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • March 22, 2021

    Latest Companion Bill Action

    HR 117-701
    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

Government Operations and Politics

Related Bills

  • HR 117-701: Unfunded Mandates Accountability and Transparency Act
Administrative law and regulatory proceduresCompetition and antitrustCongressional oversightConsumer affairsEconomic performance and conditionsFederal-Indian relationsFederal Reserve SystemGovernment information and archivesGovernment studies and investigationsIntergovernmental relationsJudicial review and appealsLabor marketMonetary policyOffice of Management and Budget (OMB)Performance measurementSmall businessState and local finance

Unfunded Mandates Accountability and Transparency Act

USA117th CongressS-170| Senate 
| Updated: 2/2/2021
Unfunded Mandates Accountability and Transparency Act This bill revises rulemaking requirements with respect to unfunded mandates. Specifically, the bill requires federal agencies to prepare and publish in the Federal Register an initial and final regulatory impact analysis prior to promulgating any proposed or final major rule. The analysis must include regulatory alternatives to the rule. Major rule means a rule that the Office of Information and Regulatory Affairs determines is likely to cause an annual effect on the economy of $100 million or more; a major increase in costs or prices for consumers, individual industries, federal, state, local, or tribal government agencies, or geographic regions; or significant adverse effects on competition, employment, investment, productivity, innovation, public health and safety, or the ability of U.S.-based enterprises to compete with foreign-based enterprises in domestic and export markets. Before promulgating any proposed or final major rule, an agency shall select the regulatory alternative that maximizes net benefits, taking into consideration only the costs and benefits that arise within the scope of the statutory provision that authorizes the rulemaking, with exceptions. The bill prohibits Congress from considering a bill that increases private sector costs more than a certain amount unless certain conditions are met.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

S 116-4077
Unfunded Mandates Accountability and Transparency Act
Feb 2, 2021
Introduced in Senate
Feb 2, 2021
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Mar 22, 2021

Latest Companion Bill Action

HR 117-701
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
  • Bill from Previous Congress

    S 116-4077
    Unfunded Mandates Accountability and Transparency Act


  • February 2, 2021
    Introduced in Senate


  • February 2, 2021
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.


  • March 22, 2021

    Latest Companion Bill Action

    HR 117-701
    Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Rob Portman

Rob Portman

Republican Senator

Ohio

Cosponsors (3)
Rick Scott (Republican)James Lankford (Republican)Deb Fischer (Republican)

Homeland Security and Governmental Affairs Committee

Government Operations and Politics

Related Bills

  • HR 117-701: Unfunded Mandates Accountability and Transparency Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresCompetition and antitrustCongressional oversightConsumer affairsEconomic performance and conditionsFederal-Indian relationsFederal Reserve SystemGovernment information and archivesGovernment studies and investigationsIntergovernmental relationsJudicial review and appealsLabor marketMonetary policyOffice of Management and Budget (OMB)Performance measurementSmall businessState and local finance