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S 2194

Intelligence Community Technology Bridge Act of 2025

119th Congress Introduced by John Cornyn and 3 co-sponsors

Bill S 2194 requires economic impact assessments for new regulations affecting commercial fishing, protecting fishers and related businesses from adverse economic effects.

Introduced in Senate
0
WeVote Research Nonpartisan
Bill Summary · S 2194

Summary of Bill S 2194

Bill Overview

  • Bill Number: S 2194
  • Title: Relates to an economic impact statement prior to the enactment of any rule or regulation affecting the commercial fishing industry
  • Status: Referred to Environmental Conservation
  • Introduced On: January 15, 2025
  • Classification: Bill

Purpose and Intent

Bill S 2194 aims to ensure that any new rules or regulations impacting the commercial fishing industry undergo a thorough economic impact assessment before they are enacted. The intent is to safeguard the interests of stakeholders in the fishing sector by providing a clearer understanding of how proposed regulations could affect their economic viability.

Key Provisions

  • Economic Impact Statement Requirement: The bill mandates that an economic impact statement be prepared for any proposed rule or regulation that would affect the commercial fishing industry. This statement must evaluate:

    • The potential economic consequences for commercial fishers.
    • The impact on fishery resources and related businesses.
    • Any anticipated changes in employment within the industry.

  • Stakeholder Consultation: The bill encourages consultation with industry stakeholders during the preparation of the economic impact statement to ensure that diverse perspectives are considered.

  • Regulatory Review Process: The bill outlines a process for reviewing the economic impact statements, which must be completed before any rule or regulation can be finalized.

Who Would Be Affected

  • Commercial Fishers: The primary beneficiaries of this bill are commercial fishers who may face new regulations that could impact their livelihoods.
  • Fishing Industry Stakeholders: This includes businesses related to fishing, such as processing plants, distributors, and retailers, who would also be affected by changes in regulations.
  • Regulatory Agencies: Agencies responsible for enacting fishing regulations will need to adapt their processes to comply with the new requirement for economic impact statements.

Procedural Aspects

  • Current Status: As of January 15, 2025, the bill has been referred to the Environmental Conservation Committee for further consideration.
  • Related Bills: This bill is connected to prior-session bills S 6514, S 5163, and S 2151, which may address similar issues or provide context for the current legislative proposal.

Conclusion

Bill S 2194 seeks to enhance the regulatory process for the commercial fishing industry by requiring economic impact assessments prior to the enactment of new rules. This measure aims to protect the economic interests of fishers and related businesses, ensuring that regulations are informed by comprehensive economic analysis. The bill is currently under review by the Environmental Conservation Committee.

Compiled from official sources — confirm details with the bill’s official record.

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