Zero-Based Regulatory Budgeting to Unleash American Energy Act of 2025
Zero-Based Regulatory Budgeting to Unleash American Energy Act of 2025
Plain Language Summary
# Zero-Based Regulatory Budgeting to Unleash American Energy Act of 2025 **What the Bill Would Do** This bill proposes implementing "zero-based regulatory budgeting" for energy-related federal regulations. In simple terms, it would require federal agencies to evaluate their existing energy regulations from scratch rather than building on current rules. Agencies would need to justify why each regulation should continue to exist and potentially eliminate or modify rules that don't meet new cost-benefit standards. The bill aims to streamline energy development by reducing regulatory requirements in the energy sector. **Who It Affects and Key Provisions** The legislation would primarily affect federal energy agencies and the energy industry, including oil, gas, and other energy producers.
It would also impact states and consumers who depend on these regulations for environmental and safety protections. The bill requires agencies to prioritize cost-effectiveness when deciding which regulations to keep, modify, or eliminate, potentially favoring energy production efficiency over other considerations. **Current Status** As of now, S. 2427 is in committee, meaning it has been referred to a Senate committee for review but has not yet been voted on by the full Senate. The bill was sponsored by Senator James Risch (R-ID) in the 119th Congress.
Latest Action
Read twice and referred to the Committee on Energy and Natural Resources.