The legislative process starts with the introduction of a bill for consideration. Only a member of the Congress can introduce a bill. The representative who introduces the bill becomes the sponsor. Consider the Standard Merger and Acquisition Reviews through Equal Rules Act of 2015. Rep. Farenthold, Blake, introduced it on 6th December 2015. It was then referred to the committee on the judiciary.

After the bill is considered, the bill is then referred to one or more of the house or senate committees according to the specific rules. The committee considers and reviews the bill in details for approval. After approval, the bill goes to the legislative process.  The bill is then sent to subcommittees for further study and public hearings. On 7^th January 2016, the Standard Merger and Acquisition Reviews through Equal Rules Act of 2015 was referred to the Subcommittee on Regulatory Reform, Commercial and Antitrust law.  Any citizen can present testimony at the public hearings. The subcommittee than recommends the bill back to the committee.  The committee reviews the subcommittee’s recommendations and conducts further review by holding hearings that are more public.

The committee then sends the final recommendations to the house of senate. The bill is then said to be reported. The bill is then published. The published report contains purpose of the bill, budgetary considerations, its impact on existing laws, and any new taxes or tax increases that will be required by the bill.

The bill is then placed on the legislative calendar awaiting debate. The debate for and against proceeds before the Senate and full house according to the rules of consideration and debate. After debate and approval of any amendments to the bill, the full house members vote for and against the bill. Once a bill is approved by one chamber, it is then referred to the other chamber the senate approved the Standard Merger and Acquisition Reviews through Equal Rules Act of 2015 on 3^rd march 2016 and the bill is awaiting approval by the house.  When both chambers have approved the bill, it becomes enrolled and moves to the president.  The president then signs the bill to law. If the president has not signed the bill by the end of 10 days, it automatically becomes a law.

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