S 5425

The Bureaucratic Limitation and Overreach Control Act (BLOCK Act) requires congressional approval before federal agency rules costing $50 million or more annually can take effect. It mandates that agencies publish detailed information about their rules, including cost-benefit analyses and potential economic impacts, and submit a report to Congress for review. The bill also establishes a process for congressional disapproval of non-major rules and includes provisions for reviewing existing rules and ensuring agencies comply with congressional procedures. It also includes a mechanism for Congress to prevent rules from taking effect if they aren't approved within a specified timeframe, and a review process for existing rules to ensure they remain relevant and effective.