FREE Act

# FREE Act (HR 689) Summary **What It Would Do:** The FREE Act is a regulatory reform bill that would modify how federal agencies create and enforce rules. Based on its subject matter, the bill appears to focus on reducing regulatory burdens by addressing procedures for issuing regulations, oversight mechanisms, and the costs associated with compliance and legal challenges. The specific provisions related to "accounting and auditing" and "licensing and registrations" suggest it may affect how businesses comply with federal requirements and how agencies conduct oversight. **Who It Affects:** This bill would primarily impact businesses and individuals subject to federal regulations, as well as federal agencies responsible for enforcing them.

It could also affect people seeking professional licenses or permits at the federal level, and potentially those involved in legal disputes with agencies over regulatory matters. **Current Status:** HR 689 is currently in committee, meaning it has been referred to the appropriate House committee for review and discussion but has not yet advanced to a full floor vote. The bill was introduced by Rep. Celeste Maloy (R-UT). **Note:** The bill's full text would be needed to provide specifics on exact provisions and their impact.