Regulatory Transparency: Disclosing Conflicts of Interest and Empowering Public Voice.
This Act aims to increase transparency in federal rulemaking by requiring agencies to disclose conflicts of interest in scientific studies submitted by interest groups and imposing high penalties on public companies for submitting false information. It establishes the Office of the Public Advocate to facilitate citizen participation, especially for historically excluded groups, and mandates agencies to respond to large public petitions. These changes ensure that new regulations prioritize public health, safety benefits, and social equity impacts.
Key points
Increased transparency: Interest groups must disclose the funding sources and financial ties behind scientific research submitted to agencies for rulemaking.
Empowering citizens: The Office of the Public Advocate is created to assist the public in participating in the rulemaking process and assessing the social equity impact of regulations.
Penalties for fraud: Public companies face significant civil penalties (starting at $250,000) for submitting false or misleading data during regulatory consultations.
Introduced
Citizen Poll