S. 474 (112th): Small Business Regulatory Freedom Act of 2011

Introduced:
Mar 03, 2011 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Olympia Snowe
Senator from Maine
Party
Republican
Text
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Last Updated
Mar 03, 2011
Length
24 pages
Related Bills
S. 3572 (Related)
Restoring Tax and Regulatory Certainty to Small Businesses Act of 2012

Referred to Committee
Last Action: Sep 19, 2012

S. 2199 (Related)
Grow America Act of 2012

Referred to Committee
Last Action: Mar 15, 2012

 
Status

This bill was introduced on March 3, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Mar 03, 2011
Referred to Committee Mar 03, 2011
 
Full Title

A bill to reform the regulatory process to ensure that small businesses are free to compete and to create jobs, and for other purposes.

Summary

No summaries available.

Cosponsors
12 cosponsors (12R) (show)
Committees

Senate Homeland Security and Governmental Affairs

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.

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Citation

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


3/3/2011--Introduced.
Small Business Regulatory Freedom Act of 2011 - Amends the Regulatory Flexibility Act (RFA) to revise the regulatory process (rulemaking) with respect to small entities (i.e., small businesses, small organizations, and small governmental jurisdictions).
Defines "economic impact" with respect to a proposed or final rule to mean: (1) any direct economic effect of a rule on small entities, and (2) any indirect economic effect on such entities, including potential job creation or job loss.
Expands judicial review of agency rulemaking to permit small entities to seek judicial review of initial regulatory flexibility analyses and to obtain an injunction of a proposed rule that is noncompliant with RFA requirements.
Requires each agency to establish a plan for the periodic review (every eight years) of:
(1) its rules that have a significant adverse economic impact on small entities, and
(2) any small entity compliance guide required to be published by an agency.
Sets forth criteria for review of a rule, including the continued need for the rule, the complexity of the rule, and the impact of the rule on small entities.
Terminates any rule if the issuing agency has failed to complete a required periodic review.
Expands to all agencies the procedures for gathering comments on rules that will have a significant economic impact on small entities.
Extends RFA requirements to informal agency guidance documents.
Amends the Small Business Regulatory Enforcement Fairness Act of 1996 to require each agency to review on a periodic basis its policies or programs for imposing regulatory penalties on small entities.
Imposes certain additional requirements on agencies prior to the issuance of a final rule, including requirements for:
(1) publication of an initial regulatory flexibility analysis,
(2) a determination of the average cost of a rule for affected small entities and the number of small entities affected or reasonably presumed to be affected, and
(3) consultation with the Chief Counsel for Advocacy for the Small Business Administration (SBA). Requires the Chief Counsel for Advocacy of the SBA to be an attorney with business experience and expertise in or knowledge of the regulatory process.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

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