Unfunded Mandates Accountability and Transparency Act of 2025

The Unfunded Mandates Accountability and Transparency Act of 2025 aims to increase oversight of federal regulations that impose costs on state, local, and tribal governments, as well as the private sector. It would require federal agencies to perform detailed cost-benefit analyses for any major rule expected to have an annual economic impact of $100 million or more. These analyses would need to include assessments of the rule's effect on jobs and market competition, and agencies would be required to consider less-burdensome alternatives before moving forward with a new mandate.

If enacted, the bill would expand the authority of the Office of Information and Regulatory Affairs (OIRA) to review the rules of independent regulatory agencies, which are currently exempt from some oversight. It also proposes to allow members of Congress to raise procedural objections to legislation that creates significant costs for the private sector without providing federal funding to cover those expenses. For everyday citizens, this could lead to more public disclosure regarding how new federal rules might affect consumer prices, local government budgets, and the job market.