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LIBERATE Act

12/29/2022, 11:48 PM

Congressional Summary of S 4055

Locating the Inefficiencies of Bureaucratic Edicts to Reform And Transform the Economy Act or the LIBERATE Act

This bill establishes the Regulatory Oversight and Review Task Force to evaluate, and provide recommendations for modification, consolidation, harmonization, or repeal of, federal regulations or guidance that impose substantial burdens on U.S. industries or inhibit other economic interests.

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Current Status of Bill S 4055

Bill S 4055 is currently in the status of Bill Introduced since April 7, 2022. Bill S 4055 was introduced during Congress 117 and was introduced to the Senate on April 7, 2022.  Bill S 4055's most recent activity was Read twice and referred to the Committee on Homeland Security and Governmental Affairs. as of April 7, 2022

Bipartisan Support of Bill S 4055

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
0
Republican Cosponsors
6
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 4055

Primary Policy Focus

Government Operations and Politics

Potential Impact Areas

- Administrative law and regulatory procedures
- Advisory bodies
- Business investment and capital
- Competition and antitrust
- Competitiveness, trade promotion, trade deficits
- Congressional oversight
- Economic performance and conditions
- Energy storage, supplies, demand
- Government information and archives
- Legislative rules and procedure
- Licensing and registrations
- Manufacturing
- Metals
- Mining
- Small business

Alternate Title(s) of Bill S 4055

LIBERATE Act
LIBERATE Act
Locating the Inefficiencies of Bureaucratic Edicts to Reform And Transform the Economy Act
A bill to establish a task force for regulatory oversight and review.

Comments

Sponsors and Cosponsors of S 4055

Mike Lee
Mike Lee
UtahRepublican
Rick Scott
Rick Scott
FloridaRepublican
James Lankford
James Lankford
OklahomaRepublican
Ron Johnson
Ron Johnson
WisconsinRepublican
Ted Cruz
Ted Cruz
TexasRepublican
Mike Crapo
Mike Crapo
IdahoRepublican

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