Bill 118 hr 4428, also known as the Guidance Clarity Act of 2023, aims to increase transparency and accountability in the regulatory process by requiring federal agencies to provide clearer guidance documents to the public. The bill seeks to ensure that guidance documents are easily accessible, understandable, and consistent with existing laws and regulations.
Under the Guidance Clarity Act, federal agencies must publish guidance documents on their websites, along with a summary of the document's purpose, scope, and legal effect. Agencies are also required to provide a process for the public to submit comments on proposed guidance documents before they are finalized.
Additionally, the bill prohibits agencies from using guidance documents to create new regulatory requirements or impose penalties on individuals or businesses. It also requires agencies to periodically review and update existing guidance documents to ensure they remain accurate and relevant.
Overall, the Guidance Clarity Act of 2023 aims to promote transparency, consistency, and fairness in the regulatory process, ultimately benefiting both the government and the public.