# 114-hr-5808: Comprehensive Regulatory Review Act of 2016

114-hr-5808, Comprehensive Regulatory Review Act of 2016, is a 114th Congress bill sponsored by Rep. Duffy, Sean P. [R-WI-7] (R-WI); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5808
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5808
- Congress: 114
- Title: Comprehensive Regulatory Review Act of 2016
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2016-07-14
- Sponsor: Rep. Duffy, Sean P. [R-WI-7] (R-WI)
- Cosponsors: 4
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Comprehensive Regulatory Review Act of 2016 This bill amends the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to require the Federal Financial Institutions Examination Council and each of the federal financial regulators to conduct, at least once every five years, a comprehensive review of all regulations prescribed by the council or the regulator, including all regulations issued after December 31, 2006, in order to identify outdated or otherwise unnecessary regulatory requirements imposed on covered persons. "Covered persons" are those that engage in offering or providing a consumer financial product or service and affiliates who provide services to them. Under the process for conducting such a review, the council and the appropriate regulator shall also: consider the impact of the regulations on the financial safety and soundness, as well as on the risk profile and business models, of the covered persons; and determine the necessity, appropriateness, and impact of continuing to apply the regulatory action. The bill requires the council and the appropriate regulator to ensure that the notice and comment period with respect to the regulations reviewed is conducted at least once every 5 years (rather than, as currently, 10 years). The council and the appropriate regulator shall eliminate or tailor unnecessary regulations so as to limit the regulatory compliance burdens.

## Cosponsors (4)

- Rep. Neugebauer, Randy [R-TX-19] (R-TX), 2016-07-14T00:00:00.000Z
- Rep. Tipton, Scott R. [R-CO-3] (R-CO), 2016-07-14T00:00:00.000Z
- Rep. Luetkemeyer, Blaine [R-MO-3] (R-MO), 2016-07-14T00:00:00.000Z
- Rep. Hurt, Robert [R-VA-5] (R-VA), 2016-07-14T00:00:00.000Z

## Related bills

- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…
- 114-hr-5143: Transparent Insurance Standards Act of 2016
- 114-hr-4352: Faster Care for Veterans Act of 2016
- 114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act
- 114-hr-1737: Reforming CFPB Indirect Auto Financing Guidance Act
- 114-hr-1550: Financial Stability Oversight Council Improvement Act of 2015

## Sources
- [114-hr-5808 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5808)

## Related
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [114-hr-5143: Transparent Insurance Standards Act of 2016](https://policyrisk.com/legislation/114-hr-5143)
- [114-hr-4352: Faster Care for Veterans Act of 2016](https://policyrisk.com/legislation/114-hr-4352)
- [114-hr-2726: Apollo 11 50th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/114-hr-2726)
- [114-hr-1737: Reforming CFPB Indirect Auto Financing Guidance Act](https://policyrisk.com/legislation/114-hr-1737)
- [114-hr-1550: Financial Stability Oversight Council Improvement Act of 2015](https://policyrisk.com/legislation/114-hr-1550)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5808 (as of 2025-11-18).