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Congress·In Committee·S. 4151

Unfunded Mandates Accountability and Transparency Act of 2026

Sen. Fischer Introduces Bill to Require Cost Checks on Major Federal Regulations

This bill was recently introduced in the Senate and is currently being reviewed by the Committee on Homeland Security and Governmental Affairs. It is in the early stages of the legislative process and has no further actions scheduled at this time. The bill is considered active as it waits for the committee to decide on the next steps.

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Legislative Progress

Senate
House
President
Law

Key Points

Economy FinanceLabor Employment

Impact Analysis

Personal Impact

Federal employees at regulatory agencies would face significantly more paperwork and procedural steps before issuing major rules. Each major rule would require a detailed regulatory impact analysis, early public consultation, an electronic docket, and a 90-day advance notice, all adding workload and complexity. Staff at independent agencies like the SEC and FCC would be newly subject to these requirements.

Before promulgating any proposed or final major rule, the agency promulgating the major rule shall prepare and publish in the Federal Register an initial and final regulatory impact analysis with respect to the major rule.
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ImpactCertaintyScopeDurationSentiment

Milestones

2 milestones2 actions
Mar 19, 2026Senate

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.

Mar 19, 2026

Introduced in Senate

The bill was officially filed and given a number. It now enters the legislative queue.

Votes

No votes have been recorded for this legislation yet.

Source Information

Document Type

Congressional Bill

Official Title

Unfunded Mandates Accountability and Transparency Act of 2026

Bill NumberS 4151
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Homeland Security and Governmental Affairs.

Sponsor

Cosponsors

(1)
R: 1

Analysis generated by AI. Always verify with official sources.