Agency Accountability and Cost Transparency Act of 2025

Bill 119 HR 1963, also known as the "Budget Neutrality Act," is a piece of legislation that aims to hold government agencies accountable for the financial impact of their major rules. The bill requires the heads of agencies to determine whether these rules are budget neutral, meaning that they do not result in any additional costs to the government.

The purpose of this bill is to ensure that agencies are transparent about the financial implications of their regulations and to prevent unnecessary spending. By requiring agencies to assess the budget neutrality of their major rules, the bill aims to promote fiscal responsibility and efficiency in government operations.

In addition to the requirement for agencies to identify whether their major rules are budget neutral, the bill also includes provisions for reporting and oversight to ensure compliance. This includes regular reporting to Congress on the budget neutrality of major rules and potential consequences for agencies that fail to comply. Overall, the Budget Neutrality Act seeks to promote accountability and responsible financial management within government agencies by requiring them to consider the budgetary impact of their regulations.