PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S5212-5213; text of measure as introduced: CR S5213)
Congressional Research Service
Version 00 · Introduced in Senate · Jul 21, 2015
Regulatory Impact Scale on the Economy Small Business Act of 2015 or the RISE Small Business Act of 2015
Requires a federal agency, before promulgating a proposed or final rule that it determines is likely to have an annual effect on the economy of at least $100 million, to assign the rule to, and publish in the Federal Register, the following category that applies based on the highest possible annual effect the agency determines the rule is likely to have on the economy:
category 1 rule likely to result in an annual effect of between $100 million and $499,999,999;
Showing the opening paragraphs of the official summary.
category 2 rule likely to result in an annual effect of between $500 million and $999,999,999;
category 3 rule likely to result in an annual effect of between $1 billion and $4,999,999,999;
category 4 rule likely to result in an annual effect of between $5 billion and $9,999,999,999; and
category 5 rule likely to result in an annual effect of not less than $10 billion.
Directs: (1) each agency to submit to the Office of Information and Regulatory Affairs (OIRA) annually a list of the rules, by category, that the agency published during the preceding year; and (2) OIRA to publish each list and an estimate of the costs and benefits of each included rule on www.reginfo.gov.
Defines "significant economic impact" for purposes of provisions concerning initial and final regulator flexibility analyses as an annual economic effect of at least $100 million.
People & committees
Sen. Daines, Steve [R-MT] · R–MT
Legislative record
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Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (Sponsor introductory remarks on measure: CR S5212-5213; text of measure as introduced: CR S5213)
Introduced in Senate
Primary sources
Text links open the official source. We currently store references to these documents.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 12, 2025. Consult Congress.gov for the current record.
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