On to the data:
- Last week, 64 new final regulations were published in the Federal Register. There were 77 new final rules the previous week.
- That’s the equivalent of a new regulation every 2 hours and 30 minutes.
- So far in 2014, 730 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,042 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
- Last week, 1,938 new pages were added to the Federal Register.
- Currently at 17,827 pages, the 2014 Federal Register is on pace for 74,280 pages, which 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. 10 such rules have been published so far this year, one of them in the past week.
- The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $1.05 billion to $1.34 billion. They also affect several billion dollars of government spending.
- 69 final rules meeting the broader definition of “significant” have been published so far this year.
- So far in 2014, 158 new rules affect small businesses; 24 of them are classified as significant.
Highlights from selected final rules published last week:
- This week’s economically significant rule is a set of new energy efficiency standards for refrigerators from the Energy Department. The rule estimates $184 million in conversion costs for manufacturers, and $250-271 million in annual “incremental equipment costs,” depending on which discount rate one uses.
- Another new energy regulation from the Federal Energy Regulatory Commission implements new standards for verifying the reliability of generators.
- In Florida, the Coleman-Evans Wood Preserving Superfund Site is no longer on the list of Superfund sites.
- South Koreans are now allowed to export poultry products to the United States.
- Now that it’s 2014, the Alcohol and Tobacco Tax and Trade Bureau is allowing electronic submission of certain forms that distilled spirit producers are required to fill out.
- Mexican potatoes are no longer forbidden in the United States.
- The federal government maintains a Death Master File. A new rule clarifies who may access it.