To amend the Unfunded Mandates Reform Act of 1995 to require the Director of the Office of Management and Budget to establish a limit for the total amount of additional unfunded regulatory costs that may be imposed in a fiscal year, and for other purposes.
Sponsors
Legislative Progress
ReportedReported from the Committee on Oversight and Accountability with an …
Committee on the Judiciary discharged; committed to the Committee of …
Mr. Fallon (for himself, Mr. Comer, and Ms. Foxx) introduced …
Summary
What This Bill Does
Requires OMB to establish annual limits on unfunded regulatory costs that agencies may impose. Caps must receive congressional approval before allowing additional regulatory burden.
Who Benefits and How
Businesses gain protection from cumulative regulatory costs. Congress gains control over regulatory burden. Regulated entities have more predictable compliance costs.
Who Bears the Burden and How
OMB must calculate and enforce regulatory budgets. Agencies face caps on new regulatory costs. Environmental and public health regulations may be constrained.
Key Provisions
- Requires annual regulatory cost limits by September 30
- OMB sets individual limits for each agency
- Congressional approval required for additional costs
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
Establishes regulatory budgeting requiring OMB to set limits on unfunded regulatory costs
Policy Domains
Legislative Strategy
"Cap regulatory costs through budgeting process"
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "director"
- → OMB Director
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology