HR 4655 · 113th Congress · Government Operations and Politics

Unfunded Mandates Accountability Act of 2013

Introduced 2014-05-09· Sponsored by Rep. Yoder, Kevin [R-KS-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.(2014-07-21)

Plain Language Summary

[AI summary unavailable — showing source text] Unfunded Mandates Accountability Act of 2013 [ sic ]- Amends the Unfunded Mandates Reform Act of 1995 to: (1) require regulatory impact analyses for rules that do not involve a legislative mandate and for final rules that do not have a prior notice of proposed rulemaking; (2) require federal agencies to prepare and publish in the Federal Register an initial and final regulatory impact analysis prior to promulgating any proposed or final rule that may have an annual effect on the economy of $100 million or more or that may result in the expenditure of $100 million or more in any one year by state, local, and tribal governments; (3) require such agencies to identify and consider regulatory alternatives before promulgating any proposed or final rule and select the least costly, most cost-effective, or least burdensome alternative; (4) define "cost" as the cost of compliance and any reasonably foreseeable indirect cost resulting from agency rulemaking; (5) exempt rules concerning monetary policy proposed or implemented by the Board of Governors of the Federal Reserve System or the Federal Open Market Committee from provisions of such Act relating to regulatory accountability and reform…

Summarized by Claude AI · Non-partisan · For informational purposes only