CEI’s Battered Business Bureau: The Week in Regulation
This week in the world of regulation:
- Last week, 64 new final regulations were published in the Federal Register. This is up from 62 new final rules the previous week.
- That’s the equivalent of a new regulation every two hours and 38 minutes — 24 hours a day, seven days a week.
- All in all, 1,227 final rules have been published in the Federal Register this year.
- If this keeps up, the total tally for 2013 will be 3,445 new final rules.
- Last week, 1,621 new pages were added to the 2013 Federal Register, for a total of 27,811 pages.
- At its current pace, the 2013 Federal Register will run 76,404 pages.
- Rules are called “economically significant” if they have costs of $100 million or more in a given year. For the third week in a row, no such rules were published last week, for a total of 12 so far in 2013.
- The total estimated compliance costs of this year’s economically significant regulations ranges from $5.58 billion to $10.19 billion.
- So far, 88 final rules that meet the broader definition of “significant” have been published in 2013.
- So far this year, 228 final rules affect small business; 21 of them are significant rules.
Highlights from final rules published last week:
- The Coast Guard regulates when a drawbridge in Nassau, New York goes up and down; local authorities must not be up to the task.
- The IRS has updated its information reporting requirements for employers.
- The EPA has issued new air quality plans for Texas (here and here), Indiana, Illinois, Louisiana, West Virginia, North Carolina, and Alaska.
- New irradiation rules for animal feed and pet food.
- The Postal Regulatory Commission is changing its official seal. Click here to see what it looks like.
- Lorcaserin, a weight-loss drug with the trade name Belviq, is now a Schedule IV controlled substance.
- The Small Business Administration has removed size requirements for contracts that small businesses owned by women may bid for.
For more data, go to TenThousandCommandments.com.