Federal agencies would need to scrap three old rules to make a new one.
This bill would make federal agencies repeal at least three existing rules before they can issue a new one. For big new rules, the cost would also have to be less than or equal to the cost of the rules they get rid of. This aims to reduce the overall number and cost of government regulations affecting people, businesses, and state and local governments.
Today, federal agencies can issue new rules without a mandatory requirement to repeal a specific number of existing regulations. If this bill passes, agencies would need to repeal at least three existing rules for every new one they issue, and for major rules, the cost of the new rule must not exceed the cost of the repealed rules.
HR 377 · 119th Congress · January 14, 2025 · AI Summary by gemini-2.5-flash · 9/10
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