119-hr1963

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1963 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 1963

 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

Ms. Van Duyne introduced the following bill; which was referred to the 
 Committee on the Judiciary

_______________________________________________________________________

 A BILL

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

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 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--

    (1) before promulgating a major rule--
        (A) estimate the cost of the rule;
        (B) identify whether any rule of the agency may be 
 repealed to offset the cost of the major rule; and
            (C) repeal any rule identified under subparagraph
        (B) ; and

    (2) 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:

    (1) Agency.--The terms ``agency'' has the meaning given 
 that term in 

section 551 of title 5, United States Code.

    (2) Budget neutral.--The term ``budget neutral'' 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) .

    (3) Cost of the rule.--The term ``cost of the rule'' means 
 the cost to the public of the rule, including any cost incurred 
 to understand or implement the rule.

    (4) Major rule.--The term ``major rule'' 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--
        (A) an annual effect on the economy of $100 million 
 or more;
        (B) a major increase in costs or prices for 
 consumers, individual industries, Federal, State, or 
 local government agencies, or geographic regions; or
            (C) significant adverse effects on competition, 
 employment, investment, productivity, innovation, or 
 the ability of United States-based enterprises to 
 compete with foreign-based enterprises in domestic and 
 export markets.

    (5) Rule.--The term ``rule'' has the meaning given such 
 term in 

section 551, except that such term--
        (A) includes interpretative rules, general 
 statements of policy, and all other agency guidance 
 documents; and
        (B) does not include--
            (i) any rule of particular applicability, 
 including a rule that approves or prescribes 
 for the future rates, wages, prices, services, 
 or allowances therefore, corporate or financial 
 structures, reorganizations, mergers, or 
 acquisitions thereof, or accounting practices 
 or disclosures bearing on any of the foregoing;
            (ii) any rule relating to agency management 
 or personnel; or
            (iii) any rule of agency organization, 
 procedure, or practice that does not 
 substantially affect the rights or obligations 
 of non-agency parties.
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