Regulations from the Executive in Need of Scrutiny Act of 2023

Hozzl · 2024-03-12T00:44:36Z

Explore the details of Senate Bill 184 Regulations from the Executive in Need of Scrutiny Act of 2023 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Government Operations and Politics. Stay informed on legislative developments.

3/12/2024, 12:44 AM

Summary of Bill S 184

Bill 118 s 184, also known as the Regulations from the Executive in Need of Scrutiny Act of 2023, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to increase congressional oversight over federal regulations issued by executive branch agencies.

Under this bill, any regulation with an economic impact of $100 million or more would be subject to congressional approval before it can take effect. This would require the executive branch to submit the regulation to Congress for review and approval, giving lawmakers the opportunity to scrutinize the potential impact of the regulation on the economy and the American people.

Additionally, the bill includes provisions to expedite the review process for regulations deemed to be "major rules" by Congress. This would help ensure that important regulations are not delayed unnecessarily and can be implemented in a timely manner. Overall, the Regulations from the Executive in Need of Scrutiny Act of 2023 aims to increase transparency and accountability in the regulatory process, giving Congress a greater role in overseeing and approving federal regulations. This bill has the potential to impact a wide range of industries and sectors, as it would require greater scrutiny of regulations with significant economic implications.

Congressional Summary of S 184

Regulations from the Executive in Need of Scrutiny Act of 2023

This bill revises provisions relating to congressional review of agency rulemaking.

Specifically, the bill establishes a congressional approval process for a major rule. A major rule may only take effect if Congress approves the rule. A major rule is a rule that has resulted in or is likely to result in (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices for consumers, individual industries, government agencies, or geographic regions; or (3) significant adverse effects on competition, employment, investment, productivity, innovation, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.

The bill generally preserves the current congressional review process for a nonmajor rule.

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Current Status of Bill S 184

Bill S 184 is currently in the status of Bill Introduced since January 31, 2023. Bill S 184 was introduced during Congress 118 and was introduced to the Senate on January 31, 2023. Bill S 184's most recent activity was Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 9. as of February 1, 2023

Bipartisan Support of Bill S 184

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 184

Primary Policy Focus

Government Operations and Politics

Potential Impact Areas

- Administrative law and regulatory procedures

- Advanced technology and technological innovations

- Budget deficits and national debt

- Business investment and capital

- Competition and antitrust

- Competitiveness, trade promotion, trade deficits

- Congressional oversight

- Congressional-executive branch relations

- Economic performance and conditions

- Government information and archives

- Government studies and investigations

- Industrial policy and productivity

- Inflation and prices

- Judicial review and appeals

- Legislative rules and procedure

- Monetary policy

- Unemployment

Alternate Title(s) of Bill S 184

Regulations from the Executive in Need of Scrutiny Act of 2023

A bill to amend chapter 8 of title 5, United States Code, to provide that major rules of the executive branch shall have no force or effect unless a joint resolution of approval is enacted into law.