H.R. 74 · 115th Congress
Require Evaluation before Implementing Executive Wishlists Act of 2017
- Stage
- In committee
- Sponsor
- Tom Marino
- Introduced
- 2017-01-03
- Latest action
- 2017-01-05 · Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Summary
Require Evaluation before Implementing Executive Wishlists Act of 2017 or the REVIEW Act of 2017
This bill prohibits a final agency rule from being published or taking effect until the agency submits the rule to the Office of Information and Regulatory Affairs (OIRA), and the OIRA makes a determination as to whether the rule is a high-impact rule. The bill defines a "high-impact rule" as a rule that may impose an annual cost on the economy of at least $1 billion.
An agency shall postpone the effective date of a high-impact rule until the final disposition of all actions seeking judicial review of the rule.