Bill 119 s 648, also known as the "Regulatory Accountability Act," aims to create a structured process for reviewing and evaluating federal regulations. The bill proposes to establish a set of guidelines for agencies to follow when creating new rules or modifying existing ones. Under this legislation, agencies would be required to conduct thorough cost-benefit analyses before implementing any new regulations. Additionally, the bill calls for increased transparency in the rulemaking process, including public notice and comment periods for proposed regulations. The Regulatory Accountability Act also seeks to streamline the regulatory process by eliminating unnecessary or outdated rules. It would require agencies to periodically review their existing regulations and identify those that are no longer effective or necessary. Overall, the goal of Bill 119 s 648 is to promote greater accountability and efficiency in the regulatory process, ensuring that regulations are based on sound evidence and serve the best interests of the public.
Bill 119 s 648, also known as the "Regulatory Accountability Act," aims to create a structured process for reviewing and evaluating federal regulations. The bill proposes to establish a set of guidelines for agencies to follo...