Modernizing Retrospective Regulatory Review

HR 67, the Modernizing Retrospective Regulatory Review Act, requires federal agencies to make their regulations available in machine-readable formats and use technology like AI to review existing rules. It directs agencies to identify outdated, redundant, or error-filled regulations more efficiently and submit detailed implementation plans within two years. The bill mandates that agencies develop strategies for using technology to assess rules for obsolescence, burden, or inaccuracies, and train staff on these tools. This affects all federal agencies with regulatory authority, aiming to improve the efficiency and accuracy of ongoing regulatory reviews.