On to the data:
- Last week, 79 new final regulations were published in the Federal Register. There were 75 new final rules the previous week.
- That’s the equivalent of a new regulation every 2 hours and 8 minutes.
- So far in 2014, 1,506 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,303 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
- Last week, 1,351 new pages were added to the Federal Register.
- Currently at 34,170 pages, the 2014 Federal Register is on pace for 74,935 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. 19 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 $2.33 billion to $2.72 billion. They also affect several billion dollars of government spending.
- 119 final rules meeting the broader definition of “significant” have been published so far this year.
- So far in 2014, 285 new rules affect small businesses; 42 of them are classified as significant.
Highlights from selected final rules published last week:
- The Small Business Administration is adjusting its definition of a small business to account for inflation. Businesses above a certain size (which varies by sector) do not qualify for the SBA’s preferential treatment, and must seek rents elsewhere.
- The FCC sets the rate which prison inmates are charged for phone calls.
- California’s olive growers will enjoy a lower assessment rate on their crops going forward. For every ton of olives grown they will owe the Agricultural Marketing Service $15.21, down from $21.16. The money funds the federal government’s California Olive Committee, and websites such as this one.
- On June 11, the FDA confirmed an effective date of May 13 for an earlier food additive regulation from April.
- The New Mexico meadow jumping mouse is now an endangered species.
- Fireworks season is heating up. The Coast Guard issued 18 rules this week, many creating temporary safety zones around local fireworks shows near water.