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House Takes Up Bill to Change Rule-Making Process

Earlier this week, the House took and passed H.R. 5, a bill intended to change the federal rule-making process. Among other things, the bill would codify agency requirements on considering the costs and benefits of a proposed rule as well as alternatives. It would also add more steps for federal agencies to follow when considering new rules or changes to existing rules that would increase costs in excess of at least $100 million.