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Bill116th CongressFiled May 13, 2019Government Operations and Politics
S. 1420

SMART Act of 2019

Bill journey · stage 2 of 5

Under committee review

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What it doesSummary reported to senate (Jul 15, 2019)

Setting Manageable Analysis Requirements in Text Act of 2019 or the SMART Act of 2019

This bill requires agencies, when publishing a proposed or final major rule, to include a framework for assessing whether the rule achieves its regulatory objective. An agency must assess a rule in the time frame included in the framework. The assessment must compare the rule's anticipated and actual benefits and costs.

The bill defines a major rule as a rule likely to cause (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices; or (3) significant adverse effects on competition, employment, investment, productivity, innovation, health, safety, the environment, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.

What just happenedJul 15, 2019

Placed on Senate Legislative Calendar under General Orders. Calendar No. 147.

Who’s behind it

Sen. Sinema, Kyrsten [D-AZ](D-AZ)Sponsor
1 cosponsor1 R
Read on Congress.gov
1cosponsors2committees8actions6subjects
  1. Jul 15, 2019Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 147.

  2. Jul 15, 2019Committee

    Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson without amendment. With written report No. 116-55.

    Homeland Security and Governmental Affairs Committee
  3. Jul 15, 2019Committee14000

    Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson without amendment. With written report No. 116-55.

    Homeland Security and Governmental Affairs Committee
  4. May 22, 2019Committee

    Committee on Homeland Security and Governmental Affairs Subcommittee on Regulatory Affairs and Federal Management. Hearings held.

    Regulatory Affairs and Federal Management Subcommittee
  5. May 22, 2019Committee

    Committee on Small Business and Entrepreneurship. Hearings held.

    Small Business and Entrepreneurship Committee
  6. May 15, 2019Committee

    Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably.

    Homeland Security and Governmental Affairs Committee
  7. May 13, 2019IntroReferral

    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

    Homeland Security and Governmental Affairs Committee
  8. May 13, 2019IntroReferral10000

    Introduced in Senate

Reported to SenateJul 15, 201925

Setting Manageable Analysis Requirements in Text Act of 2019 or the SMART Act of 2019

This bill requires agencies, when publishing a proposed or final major rule, to include a framework for assessing whether the rule achieves its regulatory objective. An agency must assess a rule in the time frame included in the framework. The assessment must compare the rule's anticipated and actual benefits and costs.

The bill defines a major rule as a rule likely to cause (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices; or (3) significant adverse effects on competition, employment, investment, productivity, innovation, health, safety, the environment, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.

Introduced in SenateMay 13, 2019

Setting Manageable Analysis Requirements in Text Act of 2019 or the SMART Act of 2019

This bill requires agencies, when publishing a proposed or final major rule, to include a framework for assessing whether the rule achieves its regulatory objective. An agency must assess a rule in the time frame included in the framework. The assessment must compare the rule's anticipated and actual benefits and costs.

The bill defines a major rule as a rule likely to cause (1) an annual effect on the economy of $100 million or more; (2) a major increase in costs or prices; or (3) significant adverse effects on competition, employment, investment, productivity, innovation, health, safety, the environment, or the ability of U.S.-based enterprises to compete with foreign-based enterprises.

SMART Act of 2019 — Informed