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Standard Summary
Comprehensive overview in 1-2 paragraphs
The RED TAPE Act prohibits the use of non‑monetized or unqualified factors in regulatory and benefit‑cost analyses, mandates transparency, and provides judicial review for violations.
Key Points
- 1Defines benefit‑cost analysis and regulatory impact analysis per OMB guidance.
- 2Prohibits agencies from considering non‑monetized or unquantified factors in analyses.
- 3Requires agencies to publish analyses and methodologies in the Federal Register.
- 4Establishes civil action and invalidation of regulations that violate the prohibition.
Impact Areas
Federal agencies and regulatorsBusinesses and industries affected by regulationsTaxpayers and the publicJudicial system
Generated by openai/gpt-oss-20b:free on Nov 19, 2025