Legislation

To amend title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes.

To amend the Internal Revenue Code of 1986 allow a credit for employers providing student loan payment assistance for employees.

To improve the consideration by the Securities and Exchange Commission of the costs and benefits of its regulations and orders.

To reform the process by which Federal agencies analyze and formulate new regulations and guidance documents, to clarify the nature of judicial review of agency interpretations, to ensure complete analysis of potential impacts on small entities of rules, and for other purposes.