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This bill requires federal agencies to publish public impact statements detailing how major new regulations could affect consumer prices for essential goods and services.AI-written
Agencies must report how big new regulations will change the cost of groceries, gas, and rent.
Regulations often have hidden costs that are eventually passed on to consumers. Currently, agencies do not always have to provide a clear, standalone summary of how a specific rule will change the price of a gallon of gas or a bag of groceries. This bill aims to make those costs public before a rule becomes law, potentially increasing accountability for policies that might drive up inflation or the cost of living.
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This bill requires federal agencies to publish public impact statements detailing how major new regulations could affect consumer prices for essential goods and services.AI-written
Agencies must report how big new regulations will change the cost of groceries, gas, and rent.
Regulations often have hidden costs that are eventually passed on to consumers. Currently, agencies do not always have to provide a clear, standalone summary of how a specific rule will change the price of a gallon of gas or a bag of groceries. This bill aims to make those costs public before a rule becomes law, potentially increasing accountability for policies that might drive up inflation or the cost of living.
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
An AI model extracted this from the bill’s official record and can make mistakes. Check the official text ↗ (opens in new tab)
| AMOUNT | PROGRAM | TYPE | YEARS |
|---|---|---|---|
| 0 | Consumer Price Information Statements | unfunded | Ongoing |