H.R. 1963

119th CONGRESS 1st Session

To require the heads of agencies identify whether major rules of the agency are budget neutral, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES · March 6, 2025 · Sponsor: Ms. Van Duyne · Committee: Committee on the Judiciary

Table of contents

• H.R. 1963
  • SEC. 1. Short title
  • SEC. 2. Requirement to identify whether major rules are budget neutral

SEC. 1. Short title

• This Act may be cited as the Agency Accountability and Cost Transparency Act of 2025.

SEC. 2. Requirement to identify whether major rules are budget neutral

• (a) In general
  • The head of each agency shall—
    • before promulgating a major rule—
      • estimate the cost of the rule;
      • identify whether any rule of the agency may be repealed to offset the cost of the major rule; and
      • repeal any rule identified under subparagraph (B); and
    • include a statement along with each major rule published in the Federal Register that identifies whether the rule is budget neutral.
• (b) Definitions
  • In this section:
    • The terms has the meaning given that term in section 551 of title 5, United States Code. agency
    • The term means that the cost of the rule is equal to the total amount of costs to the public eliminated as a result of the repeal of any rule identified under paragraph (1)(B). budget neutral
    • The term means the cost to the public of the rule, including any cost incurred to understand or implement the rule. cost of the rule
    • The term means any rule, including an interim final rule, that the Administrator of the Office of Information and Regulatory Affairs of the Office of Management and Budget or the Federal agency promulgating such rule finds has resulted in or is likely to result in— major rule
    • The term has the meaning given such term in section 551, except that such term— rule