Bills · S 148
IN COMMITTEE· 119TH CONGRESS
Senate BillS 148Civil actions and liabilityJudicial review and appeals
RED TAPE Act
INTRO JAN 17· LAST ACTION NOV 19
READING
4MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it fundamentally changes how the government evaluates the pros and cons of new rules. Currently, agencies often consider a broad range of impacts, including things like improved public health, environmental protection, or enhanced safety, even if these can't be perfectly converted into dollar figures. If this bill passes, these types of non-monetized benefits would largely be ignored in the official analysis.
Voters should care because it could lead to regulations being approved or rejected based almost entirely on their immediate financial costs and benefits. For example, a regulation that significantly improves air quality but is hard to assign an exact monetary value to beyond the costs it imposes on industry might be less likely to pass. Conversely, regulations that save businesses money might be prioritized, even if they have unquantifiable negative impacts elsewhere. This shift in evaluation criteria could have long-term consequences for public health, environmental quality, consumer safety, and social equity, as these areas often involve benefits that are not easily "monetized."
KEY PROVISIONS
4AI-extractedPROVISION 01
Federal agencies are prohibited from considering any benefits or costs that cannot be measured in dollars or are not clearly defined when evaluating new rules.
This changes how rules are justified, focusing strictly on financial impacts and potentially sidelining environmental, health, or safety benefits.
PROVISION 02
The Office of Management and Budget (OMB), which oversees regulatory reviews, is also barred from authorizing or considering non-monetized or unqualified factors.
This ensures the new standard for regulatory analysis is applied consistently across the federal government and its oversight body.
PROVISION 03
Agencies must publicly release detailed summaries and the full text of their economic analyses for all proposed and final rules, including their methods.
This increases transparency, allowing the public to see exactly how agencies evaluate the financial impacts of rules.
PROVISION 04
Any party affected by a rule that was created using non-monetized or unqualified factors can sue the agency, and a court can invalidate the rule.
This creates a strong enforcement mechanism, allowing rules to be challenged and potentially overturned if they don't adhere to the new standards.
SPONSORSHIP
1 + 1
R· Iowa
YRS IN OFFICE
11
BILLS LED
99
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 1 IND 0
ACTION TIMELINE
3 EVENTSNOV 19
Committee on Small Business and Entrepreneurship. Hearings held.
JAN 17
Introduced in Senate
JAN 17
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
BILL INFO
TypeSenate Bill
NumberS 148
Congress119th
StatusIn Committee
IntroducedJan 17, 2025
Last actionNov 19, 2025
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IN COMMITTEE· 119TH CONGRESS · HOMELAND SECURITY AND GOVERNMENTAL AFFAIRS COMMITTEE · INTRODUCED JAN 17, 2025
Senate BillS 148Civil actions and liabilityJudicial review and appeals
RED TAPE Act
INTRODUCED JAN 17, 2025· LAST ACTION NOV 19, 2025
PASSAGE CHANCES
—%
READING
4 min
COSPONSORS
1
COMPLEXITY
Moderate
