Early Participation in Regulations Act of 2024

This bill requires federal agencies to publish an advance notice 90 days before proposing major regulations, giving the public earlier opportunity to comment. A "major rule" is defined as one likely to impose $100 million or more in annual economic impact, significantly increase costs for consumers or industries, or affect competition, health, safety, or the environment. The advance notice must explain the problem the rule addresses, outline regulatory alternatives considered, and cite legal authority, followed by a 30-day public comment period. Exceptions apply for routine rules, when compliance would be impractical, or if the Office of Information and Regulatory Affairs deems it unnecessary.