HR 580

This bill, the Unfunded Mandates Accountability and Transparency Act of 2025, aims to increase scrutiny of proposed federal regulations. It requires agencies to conduct detailed regulatory impact analyses for ‘major rules’ – those likely to significantly affect the economy, costs, or public interests – and to provide these analyses to the public. The bill also strengthens consultation with stakeholders, including the private sector, and mandates that agencies prioritize regulations that maximize net benefits, considering both costs and benefits. Finally, it updates procedures for initiating rulemaking and clarifies judicial review of major rule decisions.