Reforming Regulatory Processes Act of 2021
S. 1556 is: Reforms to the Regulatory Process
Reform efforts in the United States Senate have led to the introduction of the S. 1556 is bill, which aims to transform regulatory processes in America.
Key Provisions
- Single rulemaking docket requirement: All proposed amendments shall be contained within a single docket and published on regulations.gov or a successor website.
- Retrospective analysis: Agencies must conduct retrospective analyses of new rules every 5 years, with reviews not later than 5 years after the rule becomes final.
- Agency review date publication: The agency review date for completed and scheduled reviews shall be published on ecfr.gov or a successor website.
Changes to Regulatory Review Process
The bill seeks to streamline regulatory processes, promoting transparency and accountability. Key changes include:
- Limitations on amendments: Agencies shall only amend regulations in conjunction with the reinstatement of those regulations under section 3(e).
- Evaluation requirements: Agencies must conduct prospective analyses using standardized forms developed by the Office of Information and Regulatory Affairs.
Exceptions to New Rulemaking Requirements
The bill includes exceptions for rulemaking actions with good cause or presidential waiver under section 553(b)(B) of title 5, United States Code.