CEI’s Battered Business Bureau: The Week in Regulation
In addition to 100 final regulations, 62 proposed regulations made their way to the Federal Register last week.
On to the data:
- Last week, 100 new final regulations were published in the Federal Register. There were 63 new final rules the previous week.
- That’s the equivalent of a new regulation every one hour and 41 minutes.
- So far in 2014, 1,912 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,464 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
- Last week, 1,559 new pages were added to the Federal Register.
- Currently at 42,130 pages, the 2014 Federal Register is on pace for 76,322 pages. This would be the lowest total since 2009.
- Rules are called “economically significant” if they have costs of $100 million or more in a given year. 22 such rules have been published so far this year, none of them in the past week.
- The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.34 billion to $10.57 billion. They also affect several billion dollars of government spending.
- One hundred fifty-nine final rules meeting the broader definition of “significant” have been published so far this year.
- So far in 2014, 355 new rules affect small businesses; 53 of them are classified as significant.
Highlights from selected final rules published last week:
- The IRS issued new rules for straddle-by-straddle identification.
- New size requirements for oranges grown in Texas.
- New handling requirements for potatoes in Washington State.
- Energy efficiency testing procedures for refrigerators and freezers.
- A new rule from HUD is ominously titled “Removal of HOPE for Homeowners Program Regulations.”
- It was a busy week at the EPA, which issued 20 new regulations last week.
- The Coast Guard chipped in another 18 regulations.
For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.