Search Results: keywords:"federal rules"

  • H. R. 7198 — To amend title 5, United States Code, to require greater transparency for Federal regulatory decisions that impact small businesses, and for other purposes.
    Status:Reported in House
    Words:2,944

    H.R. 7198, titled the “Prove It Act of 2024,” aims to increase transparency in federal regulatory decisions affecting small businesses. The bill requires agencies to thoroughly analyze and disclose the potential indirect costs of proposed rules on small entities. Moreover, it allows small...

    Simple Explanation

    The Prove It Act of 2024 wants the government to be more open about new rules that could make things harder for small businesses. It makes sure small businesses can check and talk about these rules before they are final, so everyone knows what’s happening.

  • S. 5425 — To require congressional approval for rules that are expected to cost not less than $50,000,000 annually, and for other purposes.
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    Status:Introduced in Senate
    Words:4,934

    S. 5425, also known as the "Bureaucratic Limitation and Overreach Control Act" or the "BLOCK Act," requires congressional approval for any federal rules expected to cost $50 million or more annually. The bill amends chapter 8 of title 5, United States Code, to set up a process where major...

    Simple Explanation

    The "BLOCK Act" is a rule that says if the government wants to make a big change that costs lots of money (more than $50 million a year), they have to ask permission from Congress first. This rule is like when a child needs to ask their parents before making a big purchase with their allowance!