Bill > S30

This bill, known as the ERASER (Expediting Reform And Stopping Excess Regulations) Act, establishes a regulatory requirement that federal agencies must repeal at least three existing regulations before issuing any new rule or major rule. For a standard rule, agencies must eliminate at least three related regulations, while for a major rule (which typically has a significant economic impact), agencies must additionally ensure that the cost of the new rule is equal to or less than the costs of the repealed rules. The Office of Information and Regulatory Affairs must certify the cost equivalence for major rules. The bill applies to rules that impose costs on non-governmental entities or state and local governments, but excludes rules related to agency management, organization, personnel, or procurement. The bill also mandates that the Government Accountability Office (GAO) conduct a study every five years to report on the total number of rules in effect, the number of major rules, and their estimated total economic cost. This legislation aims to reduce regulatory burden by requiring agencies to eliminate existing regulations when introducing new ones, potentially streamlining government regulations and controlling regulatory expenses.

Military Affairs and Security

https://www.congress.gov/bill/119th-congress/senate-bill/30/all-info