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S. 1615 · 112th Congress · 2011–2012

Financial Regulatory Responsibility Act of 2011

S. 1615 in the 112th Congress (2011–2012) was introduced on Sep 22, 2011, sponsored by Richard C. Shelby with 11 co-sponsors.

During the 112th Congress (2011–2012), Barack Obama was president, and Republicans held the House majority and Democrats the Senate majority.

Status
Introduced
Introduced
Sep 22, 2011
Co-sponsors
11
Policy area
Finance and Financial Sector

What it does

Financial Regulatory Responsibility Act of 2011- Prohibits a federal financial regulatory agency from issuing notices of proposed or final rulemakings unless specified analyses have been included in them. Prohibits an agency from publishing a notice of final rulemaking if it determines that the quantified costs are greater than the quantified benefits.

Summary by the nonpartisan Congressional Research Service.

Sponsor

Richard C. Shelby (R-AL). Co-sponsors: 11 Republicans.

Where it stands

  • IntroducedSep 22, 2011
  • Passed the Senate—
  • Passed the House—
  • Sent to the President—
  • Became law—

Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sep 22, 2011)

More bills from Richard C. Shelby in the 112th Congress

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Committees

More

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

Cite or embed this page

Capitol Receipts, “S. 1615 (112th Congress): Financial Regulatory Responsibility Act of…,” https://www.capitolreceipts.com/bill/112-s-1615/financial-regulatory-responsibility-act-of-2011 (accessed 2026-10-17).