Bill 118 hr 2366, also known as the 90-Day Review Act, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to require federal agencies to conduct a comprehensive review of any new regulations they propose within 90 days of their publication in the Federal Register.
The bill aims to increase transparency and accountability in the regulatory process by ensuring that agencies thoroughly evaluate the potential impacts of their proposed regulations before they are implemented. This review period would allow for public input and feedback on the proposed regulations, giving stakeholders the opportunity to voice their concerns and suggest alternative approaches.
Proponents of the 90-Day Review Act argue that it will help prevent unnecessary and burdensome regulations from being imposed on businesses and individuals, ultimately leading to a more efficient and effective regulatory system. Critics, however, raise concerns that the bill could slow down the regulatory process and hinder agencies' ability to address urgent issues in a timely manner.
Overall, the 90-Day Review Act represents an effort to strike a balance between regulatory oversight and flexibility, with the goal of ensuring that federal regulations are well-informed and responsive to the needs of the American people.