Regulatory Accountability Act of 2017

The Regulatory Accountability Act of 2017, also known as Bill 115 s 951, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to reform the regulatory process in order to make it more transparent, accountable, and cost-effective.

One of the key provisions of the Regulatory Accountability Act is the requirement for federal agencies to conduct a cost-benefit analysis before implementing any new regulations. This analysis would help ensure that regulations are necessary and that their benefits outweigh their costs.

Another important aspect of the bill is the requirement for agencies to provide more opportunities for public input and participation in the regulatory process. This would help ensure that regulations are based on sound science and input from stakeholders. The Regulatory Accountability Act also aims to increase judicial review of regulations, allowing for more oversight and accountability. This would help prevent agencies from overstepping their authority and implementing regulations that are not supported by law. Overall, the Regulatory Accountability Act of 2017 seeks to improve the regulatory process in the United States by making it more transparent, accountable, and cost-effective. It is currently being debated in Congress and has garnered support from both Democrats and Republicans.