The Regulatory Review Improvement Act of 2024 modifies how federal agencies evaluate their existing rules on a periodic basis. The bill requires agencies to solicit public comments on whether rules should stay in effect and to provide explanations if they delay reviews. When reviewing rules, agencies must now track compliance costs and paperwork hours since the rule took effect, and they must produce detailed summaries analyzing public comments before conducting their review. The legislation affects all federal agencies and the public they regulate, as it increases transparency and accountability in how government rules are evaluated and potentially changed or eliminated. The bill does not specify new funding or implementation timelines, instead amending the existing regulatory review process established under federal administrative law.
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