REG Budgeting Act of 2025

The bill would require the Director of the Office of Management and Budget to set annual limits on additional unfunded regulatory costs that federal agencies may impose, both overall and per agency, and to publish reports on these limits. Agencies could not finalize rules that exceed these limits without congressional approval, except in emergencies or for national security, criminal law enforcement, or international trade agreements, and must notify the OMB Director if a rule might cause a limit to be exceeded. The bill also creates an Associate Administrator for Regulatory Budgeting within OMB to oversee implementation and mandates that agencies disclose in rule notices whether a rule…

AI summary · The lawmakers haven’t published an official summary of this bill yet, so 52 wrote this one from the bill’s text.