Search Results: keywords:"non-monetized factors"

  • S. 148 — To prohibit the use of non-monetized or unqualified factors for regulatory analyses, and for other purposes.
    Status:Introduced in Senate
    Words:1,090

    S. 148, known as the "Regulations Evaluated to Determine The Anticipated Price and Effect Act" or the "RED TAPE Act," aims to change how regulatory analyses are conducted by government agencies. It prohibits the use of non-monetized or unquantified factors in regulatory impact and...

    Simple Explanation

    The RED TAPE Act is like a rule that says government helpers have to count only things that can be turned into numbers, like money, when they decide if a new rule is good or bad. They also have to tell everyone about their decisions in a clear way, and people can ask a judge to check if the rules don't follow this counting rule.

  • H. R. 572 — To prohibit the use of non-monetized or unqualified factors for regulatory analyses, and for other purposes.
    Status:Introduced in House
    Words:1,163

    H.R. 572 seeks to eliminate the use of non-monetary or vague factors in regulatory analyses by government agencies. The bill requires that all regulatory decisions prioritize measurable financial benefits and cost evaluations. Agencies must also publish detailed reports of...

    Simple Explanation

    H.R. 572 is a plan to make sure that when government workers decide on rules, they should only use facts that involve money. If they don't follow this rule, people can say the rule isn't fair and might try to change it.