- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on Homeland Security and Governmental AffairsIntroducedApril 23rd, 2013
- senate Committees
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Restoring Honesty for our Economy Act
A bill to require agencies to quantify costs associated with proposed economically significant regulations, and for other purposes.
Restoring Honesty for our Economy Act - Prohibits a proposed economically significant regulation from being finalized unless such regulation: (1) identifies and quantifies all costs associated with it, or (2) describes why it is not possible for the agency to identify or quantify all such costs. Permits any person to file a petition for judicial review of such agency action. Defines "economically significant regulation" as one that: (1) has an annual effect on the economy of $100 million or more; or (2) adversely affects in a material way the economy, a sector of the economy, productivity, competition, jobs, the environment, public health or safety, or state, local, or tribal governments or communities.