Week in Regulation

$131 Million in Regulatory Costs

Regulatory costs increased modestly, exceeding $131 million for the week. Annual burdens were $51 million, with $256 million in benefits; paperwork accelerated by almost 300,000 hours. The Department of Labor’s (DOL) Beryllium exposure proposal led all rules.            

Regulatory Toplines

  • New Proposed Rules: 51
  • New Final Rules: 71
  • 2015 Total Pages of Regulation: 47,828
  • 2015 Proposed Rules: $72.6 Billion
  • 2015 Final Rules: $60.9 Billion

AAF has catalogued regulations according to their codification in the Code of Federal Regulations (CFR). The CFR is organized into 50 titles, with each title corresponding to an industry or part of government. This snapshot will help to determine which sectors of the economy receive the highest number of regulatory actions.

DOL finally published its occupational exposure to beryllium proposal, which was discharged from the Office of Information and Regulatory Affairs last month after roughly ten months of executive review. The measure could impose annual costs of $39 million, with more than $255 million in benefits. The paperwork imposition is modest: 80,776 hours.

The Department of Transportation finalized a rule to ensure “animal service relief areas and captioning of television and audio-visual displays.” The measure applies only to large airports that receive federal assistance. The rule could impose more than $88 million in total regulatory costs.

Affordable Care Act

Since passage, based on total lifetime costs of the regulations, the Affordable Care Act has imposed costs of $47 billion in state and private-sector burdens and 165.7 million annual paperwork hours.

Dodd-Frank

Click here to view the total estimated revised costs from Dodd-Frank; since passage, the legislation has produced more than 65.4 million paperwork burden hours and imposed $33.4 billion in direct compliance costs.

Total Burdens

Since January 1, the federal government has published $133.6 billion in compliance costs ($60.9 billion in final rules) and has imposed 43.8 million in net paperwork burden hours (11.2 million from final rules). Click below for the latest Reg Rodeo findings.

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