S 76 · in committee · significant
SMART Act of 2025
- government reform
What this bill does
- Agencies must assess whether major rules achieve their objectives and compare anticipated versus actual benefits and costs.
- This affects federal agencies that issue regulations with significant economic or competitive impacts of $100 million or more annually.
- Agencies must complete assessments within timeframes set in their own regulatory frameworks with no new funding specified.
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Community Threads
Started by Cosponsor
- 01
How should agencies prioritize conducting retrospective reviews when they lack dedicated funding and face existing regulatory workloads?
- 02
What specific metrics should determine whether a rule successfully achieves its intended objectives, and who decides?
- 03
If retrospective reviews reveal that major rules cost more than anticipated, what authority would agencies have to modify or rescind them?
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Sponsor · R-OK
James Lankford
Citizen cosponsors
0
In Congress
1/ 100
Senators cosponsoring
Introduced 2025-01-13
Joining the bill
Legislative timeline
2025-01-13 · senate · IntroReferral
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
2025-01-13 · IntroReferral
Introduced in Senate
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