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RED TAPE Act

Bill Number
H.R. 572
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
Government Operations and Politics
Status
Introduced
Latest Action
2025-01-21: Referred to the Committee on the Judiciary, and in addition to the Committee on Small Business, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Last Updated
2026-06-11T23:26:42Z

AI-Generated Summary

Purpose of the Legislation

The "Regulations Evaluated to Determine The Anticipated Price and Effect Act" (RED TAPE Act) aims to ensure that federal agencies prioritize measurable financial benefits when analyzing proposed regulations. It seeks to limit regulatory decision-making to quantifiable economic factors, reducing the influence of subjective or hard-to-measure considerations, to minimize unnecessary costs and burdens on the public and private sectors.

Key Provisions

Significant Changes to Existing Law

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Sessions, Pete [R-TX-17]

Cosponsors (1)

Rep. Hageman, Harriet M. [R-WY-At Large]

Recent Actions

Bill Versions

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