To provide for a study and reconsideration by Congress of certain major rules, and for other purposes.
Reset Act of 2017
This bill requires the Government Accountability Office (GAO) to conduct a study to determine as of the date of enactment of this bill: (1) how many rules were in effect, (2) how many major rules were in effect, and (3) the total estimated economic cost imposed by all such rules. The GAO must report to Congress on such study within one year of the enactment of this bill.
Once the GAO issues such report, the bill applies the Congressional Review Act to major rules that are in effect on this bill's enactment. Thus, Congress may nullify an existing rule through a joint resolution of disapproval that receives a majority vote in both chambers.
Committee on Small Business and Entrepreneurship. Hearings held. Hearings printed: S.Hrg. 115-21.
Placed on Senate Legislative Calendar under General Orders. Calendar No. 239.
Introduced in House
Introduced in House
Referred to the Committee on the Judiciary, and in addition to the Committees on Oversight and Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on the Judiciary, and in addition to the Committees on Oversight and Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on the Judiciary, and in addition to the Committees on Oversight and Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line