Less Red Tape: Agencies Must Repeal Old Rules Before Issuing New Ones.
This new act aims to reduce the number of federal regulations. Government agencies will be required to repeal at least two existing rules before issuing a new one. For major rules, three rules must be repealed, and the cost of the new regulation cannot exceed the cost of those repealed. This could potentially lessen burdens on citizens and businesses.
Key points
Agencies must repeal two old rules before issuing one new rule to reduce bureaucracy.
For major, costly rules, three old rules must be repealed, and the new rule's cost cannot exceed the repealed ones.
All agencies must review their current rules and report which are costly, ineffective, duplicative, or outdated.
Expired
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