Agency Accountability and Cost Transparency Act of 2025

HR 1963, the Agency Accountability and Cost Transparency Act of 2025, requires federal agencies to assess costs before issuing major rules. Specifically, agencies must estimate the public cost of a major rule, identify and repeal existing rules to offset that cost, and state in the Federal Register whether the new rule is "budget neutral" (costs equal to savings from repealed rules). This applies to rules with significant economic impact, such as those costing $100 million or more annually or affecting prices, competition, or industry. The bill directly affects how federal agencies develop and publish rules, aiming to ensure new regulations do not increase net costs to the public.