Besides 50 proposed rules, last week’s final rules cover everything from mangoes to credit rating agencies.
On to the data:
- Last week, 72 new final regulations were published in the Federal Register. There were 64 new final rules the previous week.
- That’s the equivalent of a new regulation every two hours and 20 minutes.
- So far in 2014, 2,593 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,562 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
- Last week, 1,587 new pages were added to the Federal Register.
- Currently at 56,459 pages, the 2014 Federal Register is on pace for 77,554 pages. This would be the 6th-largest page count since the Federal Register began publication in 1936.
- Rules are called “economically significant” if they have costs of $100 million or more in a given year. 29 such rules have been published so far this year, none in the past week.
- The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $7.62 billion to $10.87 billion. They also affect several billion dollars of government spending.
- 211 final rules meeting the broader definition of “significant” have been published so far this year.
- So far in 2014, 502 new rules affect small businesses; 71 of them are classified as significant.
Highlights from selected final rules published last week:
- New rules for importing mangoes from Jamaica.
- OSHA updated its list of who is and is not required to track work-related injuries and illnesses.
- The federal government has a National Sheep Industry Improvement Center. A new rule updates some of its administrative policies.
- New maturity requirements for avocados grown in South Florida or imported from abroad. The rule will be enforced by the federal government’s Florida Avocado Administrative Committee.
- As part of Dodd-Frank, the SEC has new requirements for credit rating agencies.