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Mandatory Early Public Notice for Major Federal Regulations

This Act requires federal agencies to publish an advance notice of intent for any 'major rule' (one with a significant economic impact) at least 90 days before the official proposed rule is released. This change gives citizens and businesses more time to review planned regulations, understand their potential costs, and submit feedback. Consequently, the public gains greater influence over the shaping of rules that could significantly affect personal finances, employment, and daily life.
Key points
Major Rules Defined: The new requirements apply only to 'major rules'—those likely to impose an annual economic effect of $100 million or more, or cause a major increase in costs or prices for consumers.
90-Day Advance Notice: Agencies must publish an advance notice 90 days before the proposed rule, detailing the problem, regulatory alternatives, and legal authority.
Public Participation Window: Interested persons must be given at least 30 days to submit written data and views on the advance notice before the formal rule-making process begins.
Exceptions: The Administrator of the Office of Information and Regulatory Affairs (OIRA) can waive this requirement if it is deemed not to serve the public interest or is impractical due to deadlines.
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Additional Information
Print number: 118_S_4263
Sponsor: Sen. Lankford, James [R-OK]
Process start date: 2024-05-02