Regulatory agenda
The federal government maintains a “regulatory agenda” of all regulations under development by executive branch agencies. The requirement to list rules likely to have a significant economic impact on a substantial number of small entities arises under statute, and the requirement to list all other rules arises under Executive Order 12866 § 4. The full regulatory agenda is printed twice a year in the Federal Register. Each agency's regulatory agenda lists:
- a brief description of the subject area of any rule which the agency expects to propose or promulgate.
- a summary of the nature of any such rule under consideration for each subject area listed in the agenda, the objectives and legal basis for the issuance of the rule, and an approximate schedule for completing action on any rule for which the agency has issued a general notice of proposed rulemaking
- the name and telephone number of a knowledgeable agency official.
Executive Orders 12866 and 13563 have significant implementing interpretive guidance. The Small Business Administration gives additional guidance in its publication .
Congress’ goal was to give the public some advance warning so that members of the public could influence agency decision-making on rulemaking. In practice, the regulatory agenda has not lived up to Congress’ aspirations.
- First, though by law the regulatory agenda is to be published in October and April of each year, agencies tend to be many months late. For example, the Securities and Exchange Commission's October 2023 regulatory agenda was published at . The Department of Commerce's October 2023 regulatory agenda was published at .
- Second, the same statute that requires agencies to publish a regulatory agenda provides that there is no penalty for an agency that either acts outside its published agenda listing, or publishes no agenda notice at all.