The bill increases transparency and oversight of existing rules by forcing agencies to solicit and analyze public comment and disclose cost data, but it imposes new reporting burdens that could strain agency resources, prompt legal disputes, and potentially delay some reviews.
Millions of Americans (taxpayers, small-business owners, and nonprofits) gain greater transparency and ability to participate in agency rule reviews because agencies must solicit public comments and produce summarized analyses before reviews, improving oversight and the public record.
Taxpayers and businesses get clearer information about regulatory burdens because agencies must report compliance costs and paperwork hours since a rule took effect, enabling better public and Congressional oversight of economic impacts.
Periodic reviews of existing rules are likely to happen more promptly for citizens and regulated entities because the bill limits extensions for reviews to no more than one year, reducing the chance of open-ended delays.
Federal agencies — particularly smaller ones — will face increased administrative workload and implementation costs to compile cost data, paperwork-hour counts, and comment analyses, which could divert staff time from other regulatory priorities and raise taxpayer costs.
Requiring quantified compliance-cost and paperwork-hour estimates creates a risk of contested calculations and legal challenges from regulated parties, producing uncertainty and potential litigation costs for small businesses and nonprofits.
The added procedural detail and analytical requirements could slow some rule reviews in practice, offsetting the intended speed gains and delaying corrective or deregulatory actions that benefit the public and businesses.
Based on analysis of 2 sections of legislative text.
Requires agencies to solicit and analyze public comments, report rule compliance costs and paperwork hours, include analyses in review records, and limit review extensions to one year.
Introduced March 30, 2026 by Dan Meuser · Last progress March 30, 2026
Requires federal agencies to change how they review existing rules by asking the public whether each rule should stay in effect, preparing summaries and analyses of public comments, and reporting the costs and paperwork hours that rules have imposed since they took effect. It also tightens the time limit on review extensions so agencies may extend a periodic review by no more than one year (rather than repeatedly for up to five years).