ALERT Act of 2024

The ALERT Act requires federal agencies to submit monthly reports to the Office of Information and Regulatory Affairs (OIRA) detailing upcoming rules, including cost estimates (e.g., $50 million+), whether cost-benefit analyses were conducted, and rule-making stages. OIRA must publish this information online monthly and annually summarize all proposed and finalized rules in the Federal Register, including cost data and job impact estimates. New rules cannot take effect until their details are publicly available for six months, except for emergencies, national security, or criminal enforcement cases. This directly affects all federal agencies creating regulations, increasing transparency for businesses and the public about regulatory costs and impacts.