Regulation and Independent Regulatory Agencies
Jul 14, 2011
Signed by: Barack Obama
Signed on: Jul 11, 2011
Published on: Jul 14, 2011
Jul 14, 2011
Signed by: Barack Obama
Signed on: Jul 11, 2011
Published on: Jul 14, 2011
Summary
Asks independent government agencies to review their existing rules to make them more effective and less of a burden on the public and the economy.
What problem does this solve?
Some government rules from independent agencies might be old, unhelpful, or too costly for people and businesses. This order tells these agencies to create public plans to regularly check their rules and update or remove them as needed.
What does this order do?
Requires agencies to create a review plan
Directs each independent regulatory agency to develop and make public a plan for periodically reviewing its existing major regulations.
Promotes review of old or burdensome rules
Encourages agencies to analyze existing rules to see if they are outdated, ineffective, or too burdensome, and then modify, streamline, expand, or remove them.
Applies principles from Executive Order 13563
States that independent regulatory agencies should follow the principles of Executive Order 13563, which include public participation and considering the costs and benefits of rules.
Who does this affect?
- Independent federal regulatory agencies
What is the real world impact?
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Improves government efficiency
Encourages independent agencies to adopt the same good practices as other federal agencies, ensuring rules are up-to-date, effective, and not overly burdensome. This helps the government run more smoothly and serve the public better.
When does this start?
This order sets a specific deadline for independent agencies to create and release their plans for reviewing regulations.
Plan for reviewing regulations
Within 120 days of July 11, 2011, each independent regulatory agency must develop and release a public plan for periodically reviewing its significant regulations.