Zero-Based Regulatory Budgeting to Unleash American Energy Act
This bill introduces expiration dates for energy regulations to ensure they remain effective and necessary. It requires agencies to review and justify existing and new rules, potentially reducing regulatory burdens on the energy sector.
Key points
Current energy regulations will expire within one year unless reviewed and extended.
New regulations will automatically expire after five years unless a formal extension is granted.
Agencies must seek public input on costs and benefits before extending any rule.
Rules that reduce overall regulation may be exempt from these automatic expiration requirements.
Status:
Introduced
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