The number of new regulations on the year passed the 3,000 mark last week, and theFederal Register is nearly on pace to set an all-time record page count. New rules cover everything from identifying jelly to avoiding seabirds, as well as more than 200 pages of crowdfunding regulations.
On to the data:
- Last week, 67 new final regulations were published in the Federal Register, after 44 the previous week.
- That’s the equivalent of a new regulation every two hours and 30 minutes.
- So far in 2015, 3,025 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,376 new regulations this year, fewer than the usual total of 3,500-plus.
- Last week, 2,227 new pages were added to the Federal Register, after 1,556 pages the previous week.
- Currently at 72,897 pages, the 2015 Federal Register is on pace for 81,359 pages. This threatens the all-time record set in 2010, with 81,405 pages.
- Rules are called “economically significant” if they have costs of $100 million or more in a given year. 31 such rules have been published so far this year, one in the past week.
- The total estimated compliance cost of 2015’s economically significant regulations ranges from $3.63 billion to $4.88 billion for the current year.
- 263 final rules meeting the broader definition of “significant” have been published so far this year.
- So far in 2015, 494 new rules affect small businesses; 72 of them are classified as significant.
Highlights from selected final rules published last week:
- Airbag standards for side-facing seats on Boeing 747 airplanes.
- The International Jelly and Preserve Association has succeeded in its efforts to revoke standards of identity for artificially sweetened jelly and fruit preserves.
- The FDA is reclassifying a salivary stimulation device.
- Just in time for Thanksgiving, federal right-of-way regulations for Indian land.
- The federal government is implementing a Seabird Avoidance Program for fishermen.
- Good news: the Delmarva Peninsula fox squirrel is no longer an endangered species.
- 229 pages of new crowdfunding regulations from the SEC. Take that, entrepreneurs!
- 502-page Medicare payment regulation.