H.R. 3442House115th Congress (2017-2019)In Committee

Reset Act of 2017

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Updated April 15, 2026 at 5:38 PM UTC

The Reset Act of 2017 requires the Government Accountability Office to count all federal rules and major rules in effect at the time the law is passed, estimate their total economic cost, and report the findings to Congress within a year. It also treats any major rule already in effect as if a required report had been filed, allowing Congress to use the standard disapproval process for those rules.

Key Provisions

The Comptroller General must conduct a study to determine how many rules and major rules exist and the total estimated economic cost of those rules as of the law’s enactment.
The GAO must deliver a report with these findings to Congress no later than one year after the law takes effect.
Any major rule already in effect is considered to have a report filed for it, so the usual review period and the possibility of a joint resolution of disapproval apply to those rules.

Legislative Activity

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2 earlier actions

HouseCommittee Latest Action

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Administrative State, Regulatory Reform, and Antitrust Subcommittee

September 6, 2017

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HouseIntro Referral

Introduced in House

July 27, 2017

HouseIntro Referral

Referred to the Committee on the Judiciary, and in addition to the Committees on Oversight and Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Judiciary Committee

July 27, 2017

HouseCommittee

Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

Administrative State, Regulatory Reform, and Antitrust Subcommittee

September 6, 2017

Bill Text

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Introduced in HouseIssued July 27, 2017

115th CONGRESS

1st Session

H. R. 3442

IN THE HOUSE OF REPRESENTATIVES

July 27, 2017

Mr. Budd introduced the following bill; which was referred to the Committee on the Judiciary, and in addition to the Committees on Oversight and Government Reform, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

A BILL

To provide for a study and reconsideration by Congress of certain major rules, and for other purposes.

Short title

This Act may be cited as the Reset Act of 2017.

Government accountability office study of rules

(a)

In general

The Comptroller General of the United States shall conduct a study to determine, as of the date of the enactment of this Act—

(1)

how many rules (as such term is defined in section 804 of title 5, United States Code) were in effect;

(2)

how many major rules (as such term is defined in section 804 of title 5, United States Code) were in effect; and

(3)

the total estimated economic cost imposed by all such rules.

(b)

Report

Not later than 1 year after the date of the enactment of this Act, the Comptroller General of the United States shall submit a report to Congress that contains the findings of the study conducted under subsection (a).

Major rules currently in effect

In the case of any major rule (as such term is defined in section 804 of title 5, United States Code) that is in effect on the date of enactment of this Act, for purposes of chapter 8 of title 5, United States Code, the rule shall be deemed to be a major rule for which a report was submitted under section 801(a)(1) of such title on the date the report under section 2 is submitted, and the provisions of such chapter shall apply for purposes of providing for a period of review in which a joint resolution of disapproval may be enacted.