A bill to amend title 5, United States Code, to postpone the effective date of high-impact rules pending judicial review.
Require Evaluation before Implementing Executive Wishlists Act of 2021 or the REVIEW Act of 2021
This bill prohibits a final agency rule from taking effect until (1) the agency submits the rule to the Office of Information and Regulatory Affairs (OIRA), and (2) OIRA makes a determination as to whether the rule is a high-impact rule that may impose an annual cost on the economy of at least $1 billion.
In addition, an agency must postpone the effective date of a high-impact rule until the final disposition of all actions seeking judicial review of the rule.
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
Introduced in Senate
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
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