119th Congress · introduced in the Senate · Jan 17, 2025
RED TAPE Act
Official title from Congress.gov
Latest action (Nov 19, 2025): Committee on Small Business and Entrepreneurship. Hearings held.
View on Congress.govPolicy area: Government Operations and Politics
Congressional Research Service summary, version: Introduced in Senate (Jan 17, 2025)
Regulations Evaluated to Determine The Anticipated Price and Effect Act or the RED TAPE Act
This bill prohibits federal agencies from considering any nonmonetized or unquantified factor when conducting a regulatory impact analysis or benefit-cost analysis for any proposed rule, final rule, or interim final rule.
Each agency must publish each regulatory impact analysis and benefit-cost analysis conducted by the agency with respect to a proposed rule, final rule, or interim final rule.
Additionally, the Office of Management and Budget may not (1) authorize or endorse an agency's use of any nonmonetized or unquantified factor when conducting a regulatory impact analysis or benefit-cost analysis on any proposed rule, final rule, or interim final rule; or (2) consider any nonmonetized or unquantified factor presented in a regulatory impact analysis or benefit-cost analysis of another agency.
The bill provides for judicial review of a rule issued by an agency that considered a nonmonetized or unquantified factor when conducting a regulatory impact or benefit-cost analysis. If a court finds that an agency relied upon such a factor to evaluate a final rule or interim final rule, the court must declare the rule invalid.
The bill takes effect 30 days after enactment.
Includes amendment, cloture, and procedural votes. Each is labeled with its exact question; only a passage question is a vote to pass the bill.
No recorded roll calls on this bill in coverage.
Committee on Small Business and Entrepreneurship. Hearings held.
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced in Senate
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Administrative law and regulatory procedures · Civil actions and liability · Government information and archives · Judicial review and appeals · Office of Management and Budget (OMB)
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