The Securities and Exchange Commission could be required to estimate annual regulatory compliance costs to Congress in a bill that is expected to be presented soon to the House Budget Committee, Committee Chair Tom Price said Thursday.

Currently, rules from the SEC and other independent regulatory agencies are largely exempt from White House and Congressional review.

Price said some of his fellow Republicans on the committee complain the exemption weakens oversight and accountability.

A major way Congressional Republicans have tried to reign in the costs of SEC regulations is by steadily increasing the budget of the agency’s Division of Economic and Risk Analysis, which does cost/benefit analysis on proposed rules. Usually DERA is the only unit of the SEC specifically mentioned in the agency’s annual appropriations bill.

The Republican hope is the cost/benefit calculations will stop some regulations from being formally proposed or lead to a lessening of their costs on the financial services industry and public companies that submit disclosures to the agency.

Price’s comments came in a brief interview after a Budget Committee hearing.

The SEC provision would be attached to a bill Price plans to sponsor. But with the few legislative days left in the current term of Congress, the chances for any new legislation to become law are small.