What does Preamble of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This bill aims to amend the Unfunded Mandates Reform Act of 1995 The amendment provides for regulatory impact analyses for certain rules The bill was introduced to the House of Representatives and referred to several committees

What does SHORT TITLE. of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This bill is formally titled the Unfunded Mandates Accountability and Transparency Act of 2025

What does REGULATORY IMPACT ANALYSES FOR CERTAIN RULES. of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This section amends the Unfunded Mandates Reform Act of 1995. It modifies the definition of 'major rule' to include rules likely to have an annual effect on the economy of $100,000,000 or more, adjusted every 5 years. The definition of 'major rule' also includes rules causing significant increases in costs or prices, or significant adverse effects on competition, employment, etc. It renames and revises section 202 to establish requirements for regulatory impact analyses for certain rules. Agencies are now required to prepare and publish initial and final regulatory impact analyses for proposed and final major rules. These analyses must include an analysis of anticipated benefits and costs, a consideration of regulatory alternatives, and an explanation of compliance with section 205. The analyses must also assess the extent to which costs to State, local, and Tribal governments may be paid with Federal financial assistance and estimate disproportionate budgetary effects.

What does ENHANCED STAKEHOLDER CONSULTATION. of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This section amends the Unfunded Mandates Reform Act of 1995. The section heading of Section 204 is modified to include 'and private sector' before 'input'. Subsection (a) is amended to include impacted parties within the private sector, including small businesses. Subsection (a) replaces 'Federal intergovernmental mandates' with 'Federal mandates'. Subsection (c) establishes guidelines for consultations related to Federal mandates. Consultations should occur early, continue through the final rule stage, and be integrated into the rulemaking process. Agencies are required to consult with State, local, Tribal officials, and impacted parties within the private sector. Agencies should estimate benefits and costs to assist with consultations. Agencies should seek views on costs, benefits, and risks and solicit ideas about alternative compliance methods. Consultations should address the cumulative impact of regulations.

What does MAXIMIZE NET BENEFITS OR PROVIDE EXPLANATION. of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This section amends Title II of the Unfunded Mandates Reform Act of 1995 Agencies must select the alternative that maximizes net benefits before promulgating a major rule Exceptions are allowed with approval from the Administrator of the Office of Information and Regulatory Affairs

What does NEW AUTHORITIES AND RESPONSIBILITIES FOR OFFICE OF INFORMATION of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This section amends Section 208 of the Unfunded Mandates Reform Act of 1995. The Administrator of the Office of Information and Regulatory Affairs (OIRA) is tasked with providing guidance and oversight of agency major rules requiring a regulatory impact analysis. These rules must be consistent with the Unfunded Mandates Reform Act and other applicable laws, and should not conflict with other agencies' policies. If the Administrator finds noncompliance, they must identify the issues, notify the agency, and request compliance before finalization. The Administrator must submit an annual report to Congress detailing agency compliance with the Act's requirements regarding major rules and regulatory impact analyses. The annual report must also include an appendix detailing compliance with section 204.

What does INITIATION OF RULEMAKING. of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This section amends the Unfunded Mandates Reform Act of 1995. It redesignates section 209 as section 210 and inserts a new section 209. The new section 209 requires agencies to initiate rulemaking for major rules. Agencies must establish an electronic docket and publish a notice in the Federal Register. The notice must include a brief description, legal authority, and invitation for public input.

What does INCLUSION OF APPLICATION TO INDEPENDENT REGULATORY AGENCIES. of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This section amends the Congressional Budget Act of 1974 to include independent regulatory agencies within its scope. The Unfunded Mandates Reform Act of 1995 is amended to exempt rules concerning monetary policy proposed or implemented by the Board of Governors of the Federal Reserve System or the Federal Open Market Committee from certain provisions. The exemption in the Unfunded Mandates Reform Act applies to title II, III, and IV of that Act.

What does JUDICIAL REVIEW. of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This section amends Title IV of the Unfunded Mandates Reform Act of 1995 It establishes judicial review for agency actions adopting major rules The scope of judicial review is governed by Chapter 7 of title 5, United States Code Courts with jurisdiction to review rules under section 553 have jurisdiction to review claims under this section Relief in an action under this section may include ordering an agency to take remedial action

What does APPLYING SUBSTANTIVE POINT OF ORDER TO PRIVATE SECTOR MANDATES. of Unfunded Mandates Accountability and Transparency Act of 2025 do?

This section amends the Congressional Budget Act of 1974 It changes the term 'Federal intergovernmental mandates' to 'Federal mandates' It updates a reference to section 424 to include subsections (a)(1) or (b)(1)

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Unfunded Mandates Accountability and Transparency Act of 2025

Last updated: 1/13/2026 · Introduced: 1/21/2025

Author: Virginia Foxx (R-NC)

TL;DR (AI)

This bill revises the definition of 'major rule' to include regulations with an annual economic effect of $100 million or more, adjusted every five years, and those causing significant costs, price increases, or adverse effects on competition.
Agencies are now required to prepare and publish detailed regulatory impact analyses for proposed and final major rules, assessing benefits, costs, and alternative approaches.
Federal agencies must enhance stakeholder consultation by engaging with State, local, Tribal officials, and private sector entities, including small businesses, throughout the rulemaking process.
When promulgating major rules, agencies must select the alternative that maximizes net benefits, unless an exception is approved by the Office of Information and Regulatory Affairs.
The Office of Information and Regulatory Affairs (OIRA) will provide oversight and guidance to agencies regarding major rules and regulatory impact analyses, and will report annually to Congress on compliance.

119th Congressin committeeS. 4151(In Committee)Official page

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Includes provisions on preamble, short title., and 9 more.

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