Identifying and Reducing Regulatory Burdens
Agencies Ordered to Identify and Reduce Regulatory Burdens
What it does
Federal agencies must review existing regulations, seek public input, prioritize burden-reducing reforms, and report progress to the regulatory review office.
Real-world impact
- Could cut billions in regulatory costs and tens of millions of paperwork hours annually.
- Requires agencies to post retrospective analyses and supporting data online when practicable.
- Creates recurring reporting duties to the regulatory review office on specified dates.
Topics
Summary
This order directs most federal agencies to review existing regulations to find rules that are unnecessary, costly, or outdated. Agencies must invite public suggestions and release retrospective analyses and supporting data online when practicable.
It emphasizes priority for changes that produce measurable savings or reduce paperwork, with special attention to easing burdens on small businesses. Agencies must report draft progress to the Office of Information and Regulatory Affairs on September 10, 2012, and each January and July thereafter, and make final reports public within three weeks.
Questions, answered
Ask questions about this executive order and its implications. Try:
- “What agencies are affected by this order?”
- “How does this order change existing policy?”
- “What are the practical implications of this order?”