Streamlining Excessive and Costly Regulations Review Act
Sponsored By: Representative Hurt, Robert [R-VA-5]
Unknown
Summary
Streamlining Excessive and Costly Regulations Review Act This bill requires the Securities and Exchange Commission (SEC), within 5 years after enactment of this Act, and thereafter at least once within each 10-year period, to: review each significant regulation it has issued; determine by vote whether it is ineffective, excessively burdensome, unnecessary, or inconsistent with its mandate; solicit public comment as to whether the regulation should be amended or repealed; and subsequently amend or repeal accordingly. The SEC shall report to certain congressional committees the steps it has taken to implement the results of its decision, including any action to amend or repeal the target regulation.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Hurt, Robert [R-VA-5]
VA • R
Cosponsors
Rep. Sinema, Kyrsten [D-AZ-9]
AZ • D
Sponsored 5/15/2015
Rep. Posey, Bill [R-FL-8]
FL • R
Sponsored 5/19/2015
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov