As ordered reported by the House Committee on Oversight and Accountability on March 7, 2024
By Fiscal Year, Millions of Dollars
2024
2024-2029
2024-2034
Direct Spending (Outlays)
0
*
*
Revenues
0
0
0
Increase or Decrease (-) in the Deficit
0
*
*
Spending Subject to Appropriation (Outlays)
0
15
not estimated
Increases net direct spending in any of the four consecutive 10-year periods beginning in 2035?
No
Statutory pay-as-you-go procedures apply?
Yes
Mandate Effects
Increases on-budget deficits in any of the four consecutive 10-year periods beginning in 2035?
No
Contains intergovernmental mandate?
No
Contains private-sector mandate?
No
* = between zero and $500,000.
Summary
H.R. 7533 would require the Office of Information and Regulatory Affairs (OIRA) to issue guidance on the use of technology to conduct retrospective reviews of existing federal regulations. Under the bill, agencies would use that guidance to create and execute a strategy for reviewing their current regulations. The bill would require agencies to report to OIRA and the Congress on their retrospective review plans and would require OIRA to report to the Congress on the extent that existing federal regulations are available to the public in a machine-readable format.
Federal agencies issue regulations pursuant to statutory authority granted by the Congress and the Congressional Research Service has reported that 3,000 to 4,000 final rules are published each year. OIRA publishes the regulatory and deregulatory activities of each agency in the Unified Agenda of Federal Regulatory and Deregulatory Actions. Recent administrations have initiated different regulatory retrospective review processes meant to reduce outdated and ineffective rules under Executive Orders 13563, 13610, and 13771. While those processes resulted in regulatory changes and deregulatory actions, they had no significant effect on the scope or scale of the regulatory process.
