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Fewer Regulations: Agencies Must Repeal Old Rules Before Issuing New Ones

This new law requires government agencies to repeal three existing regulations before they can issue one new one. The goal is to reduce the total number of regulations and their associated costs, potentially impacting citizens' daily lives by simplifying procedures or lowering financial burdens related to rules.
Key points
Agencies must repeal three old rules before issuing one new rule.
For major new rules, their cost must be less than or equal to the cost of the repealed rules.
The law applies to rules that impose costs or responsibilities on individuals or state/local governments.
Every five years, an assessment of the number and cost of all active regulations will be conducted.
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Status:
Introduced
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Additional Information
ERASER Act
Print number: S 30
Sponsor: Sen. Schmitt, Eric [R-MO]
Process start date: 2025-01-08