Modernizing Retrospective Regulatory Review Act

This bill requires federal agencies to make their regulations available in machine-readable formats and improves how agencies review existing rules. It mandates an 180-day report on current progress toward machine-readable regulations, followed by OMB guidance within 18 months on using technology (like AI) to identify outdated, burdensome, or conflicting rules. Agencies must then submit implementation plans within two years, detailing how they will use this technology for retrospective reviews, and begin executing those plans within 180 days. The bill directly affects all federal agencies responsible for creating regulations, focusing on concrete procedural changes to modernize regulatory oversight.