Regulatory Accountability Act
The Regulatory Accountability Act aims to overhaul federal agency rulemaking and guidance by tightening review, increasing transparency, and emphasizing quantitative and qualitative assessment of costs and benefits. It expands the leadersh ip role of the Office of Information and Regulatory Affairs (OIRA) in reviewing proposed rules and new guidance, broadens definitions around what counts as a major rule or major guidance, and requires agencies to provide more data, alternatives, and public input throughout the process. The bill also creates stricter timelines, requires a formal net-benefit analysis for major rules, and strengthens public access to information used in rulemaking. Taken together, the measure is designed to make federal rulemaking more deliberative, data-driven, and publicly accessible, but it would likely slow the pace of certain rulemakings and increase the administrative burden on agencies.
Key Points
- 1Definitions and scope changes: Replaces references to “rule making” with “rulemaking”; adds definitions for “guidance,” “major guidance,” and “major rule,” with major rules defined by significant economic effects, costs, or policy implications, including a $100 million threshold and other criteria.
- 2Strengthened OIRA review: Requires the Administrator of the Office of Information and Regulatory Affairs to review notices of proposed rulemaking and related materials before publication, and to certify review conclusions before agencies proceed.
- 3Enhanced rulemaking considerations and alternatives: Agencies must consider legal authority, problem significance, existing laws, and must identify a reasonable number of alternatives (at least three), including performance objectives, economic incentives, disclosure requirements, and non-mandating approaches to achieve statutory objectives.
- 4Expanded cost-benefit and information requirements for major rules: For major rules, agencies must analyze direct costs/benefits, risks, and, where practicable, cumulative and indirect effects on affected entities; require a net-benefits maximization standard, with potential exceptions approved by the Administrator for non-quantified costs/benefits or additional benefits/cost reductions.
- 5Greater transparency and data accessibility: Mandates placing in the rulemaking docket all studies, models, and information relied upon, with specific rules for information controlled by nongovernmental parties; requires 60- day (or 90-day for major rules) public comment periods and public replies, plus mandatory posting of a concise summary (not more than 100 words) on regulations.gov.
- 6Advanced notice for major rules and timetable requirements: For major rules, agencies must issue an Advanced Notice of Proposed Rulemaking (ANPR) and establish a detailed timetable with intermediate and final deadlines; include a mechanism to report to Congress and the OMB if deadlines are not met.
- 7Communications and ex parte disclosure: Prohibits certain advocacy-directed communications by agencies to the public after NPRMs, requires publication of ex parte communications in the Federal Register, and generally limits communications to impartial information requests.
- 8Final rule requirements: After review, final rules must include a basis and purpose, reasoned determinations addressing substantive considerations, and a published, concise summary; major rules must justify why benefits justify costs and why alternatives were not chosen.
- 9Rulemaking guidelines and prospective reviews: The Administrator must set guidelines for identifying the need for rules, evaluating proposed/final rules, assessing impacts on jobs, innovation, and other economic factors, and incorporating risk assessments where relevant.
- 10Good-cause and alternative rulemaking pathways: The bill outlines conditions under which agencies may skip certain procedural steps for good cause, including direct final rules and interim final rules, with specific notice/comment requirements and deadlines.