2/8/2011--Reported to House without amendment. (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Requires each of the following House Committees to inventory and review existing, pending, and proposed regulations, orders, and other administrative actions or procedures by federal agencies within its jurisdiction: (1) Agriculture, (2) Education and the Workforce, (3) Energy and Commerce, (4) Financial Services, (5) the Judiciary, (6) Natural Resources, (7) Oversight and Government Reform, (8) Small Business, (9) Transportation and Infrastructure, and (10) Ways and Means. Requires each committee, upon completion of its inventory and review, to: (1) consider specified matters, (2) conduct any hearings and other oversight activities necessary in support of the inventory and review, and (3) identify in a report on the first session of the 112th Congress any oversight or legislative activity conducted in support of, or as a result of, such inventory and review. Requires each committee to identify regulations, executive and agency orders, and other administrative actions or procedures that: (1) impede private-sector job creation, (2) discourage innovation and entrepreneurial activity, (3) hurt economic growth and investment, (4) harm the nation's global competitiveness, (5) limit access to credit and capital, (6) fail to utilize or apply accurate cost-benefit analyses, (7) create additional economic uncertainty, (8) are promulgated in such a way as to limit transparency and the opportunity for public comment (particularly by affected parties), (9) lack specific statutory authorization, (10) undermine labor-management relations, (11) result in large-scale unfunded mandates on employers without due cause, or (12) impose undue paperwork and cost burdens on small businesses.