# 119-hr-3279: REG Budgeting Act of 2025

119-hr-3279, REG Budgeting Act of 2025, is a 119th Congress bill sponsored by Rep. Fallon, Pat [R-TX-4] (R-TX); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-hr-3279
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-3279
- Congress: 119
- Title: REG Budgeting Act of 2025
- Status: introduced
- Introduced: 2025-05-08
- Sponsor: Rep. Fallon, Pat [R-TX-4] (R-TX)
- Cosponsors: 2
- Policy area: Government Operations and Politics
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Caps on new unfunded regulatory costs.** This bill would create a regulatory budget inside the Office of Management and Budget that limits total and agency-specific unfunded costs from federal rules and ties rulemaking to reporting and congressional approval when limits would be exceeded. - Federal agencies would have to submit a proposed agency limit 90 days before the OMB Director sets that limit and may not finalize rules that add unfunded regulatory costs until the Director’s required reports are published. Agencies face a default no-net-increase limit unless Congress approves a net increase. - The OMB Director would set a collective and agency-specific cap by Sept. 30 each fiscal year and must explain the basis within 7 days; the bill also creates an Associate Administrator for Regulatory Budgeting in OMB’s Office of Information and Regulatory Affairs to coordinate implementation. - Rules that would push costs past the caps cannot take effect without a congressional joint resolution, and courts can review agency compliance under Chapter 7 of title 5 U.S.C.

## Cosponsors (2)

- Rep. Comer, James [R-KY-1] (R-KY), 2025-05-08T00:00:00.000Z
- Rep. Foxx, Virginia [R-NC-5] (R-NC), 2025-05-08T00:00:00.000Z

## Provisions PRIA read

- Court review of rule budgets: benefit, medium. If enacted, a person harmed by agency action under these rule‑budget limits could go to court. Courts that review rules under the Administrative Procedure Act could hear these cases. Courts would check agency compliance under Chapter 7 of title 5 and order remedies allowed by that chapter.
- Public reports on rule limits: benefit, medium. If enacted, the OMB Director would publish each overall and agency limit within 7 days of setting them, with reasons. The Director would choose a public website within 90 days after enactment. Each year by October 30, the Director would report which agencies met or exceeded limits, which rules caus…
- Limits on agency rule costs: mixed, high. If enacted, the OMB Director would set, by September 30 each year, a cap on new unfunded regulatory costs for all agencies and for each agency. The Director could require agencies to cut prior cumulative costs to stay within the cap. A higher cap that allows any net increase for an agency would nee…
- Federal Reserve monetary policy exempt: mixed, high. If enacted, Federal Reserve rules on monetary policy would not be subject to these cost caps or reports. Actions by the Board of Governors and the FOMC on monetary policy would be excluded.
- New rule budget lead and methods: mixed, medium. If enacted, a new Associate Administrator for Regulatory Budgeting at OIRA would oversee this system. The President would appoint the first official within 30 days, and guidelines would be issued within 90 days. The bill would define how costs are measured, including using methods from OMB Circular…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-21: Born-Alive Abortion Survivors Protection Act
- 119-hr-987: Fair Access to Banking Act
- 119-hr-404: Hearing Protection Act
- 119-hr-2126: FOCA Act of 2025
- 119-hr-2089: Generating Retirement Ownership through Long-Term Holding

## Sources
- [119-hr-3279 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/3279)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-21: Born-Alive Abortion Survivors Protection Act](https://policyrisk.com/legislation/119-hr-21)
- [119-hr-987: Fair Access to Banking Act](https://policyrisk.com/legislation/119-hr-987)
- [119-hr-404: Hearing Protection Act](https://policyrisk.com/legislation/119-hr-404)
- [119-hr-2126: FOCA Act of 2025](https://policyrisk.com/legislation/119-hr-2126)
- [119-hr-2089: Generating Retirement Ownership through Long-Term Holding](https://policyrisk.com/legislation/119-hr-2089)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-3279 (as of 2025-12-21).