On to the data:
- Last week, 80 new final regulations were published in the Federal Register. There were 98 new final rules the previous week.
- That’s the equivalent of a new regulation every two hours and 6 minutes.
- So far in 2014, 2,164 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,535 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
- Last week, 1,576 new pages were added to the Federal Register.
- Currently at 46,563 pages, the 2014 Federal Register is on pace for 76,084 pages. This 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. 25 such rules have been published so far this year, three of them in the past week.
- The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.34 billion to $10.57 billion. They also affect several billion dollars of government spending.
- 177 final rules meeting the broader definition of “significant” have been published so far this year.
- So far in 2014, 401 new rules affect small businesses; 60 of them are classified as significant.
Highlights from selected final rules published last week:
- Last week’s trio of economically significant rules all come from the Centers for Medicare and Medicaid Services. They will increase government spending by $750 million, $120 million, and $180 million, respectively, for a total of $1.05 billion. Since the rules are mum on paperwork and other compliance costs, I am counting them as zero-cost in our running compliance cost tally.
- The federal government is launching a Cotton Transition Assistance Program. Here’s a press release, and here’s a Federal Register rule outlining the program’s policies.
- The EPA issued a regulation for how often diesel-fueled vehicles should be maintained.
- The EPA also revised its definition of a “volatile organic compound” inside the commonwealth of Virginia.
- If you grow Irish potatoes in Oregon, regulations specify which types of containers you may use.