Regulators only published $17 million in new regulatory costs this week, a sharp decline from last week’s nearly $8 billion in total burdens. There were no quantified benefits, but regulators did generate 709,000 paperwork burden hours.  There were just nine regulations that monetized costs.

Regulatory Toplines

• New Proposed Rules: 46
• New Final Rules: 79
• 2014 Significant Documents: 135
• 2014 Total Pages of Regulation: 18,984
• 2014 Proposed Rules: $11.5 Billion
• 2014 Final Rules: $15.2 Billion

AAF has catalogued regulations according to their codification in the Code of Federal Regulations (CFR). The CFR is organized into 50 titles, with each title corresponding to an industry or part of government. This snapshot will help to determine which sectors of the economy receive the highest number of regulatory actions.

Regulation by Industry in 2014
CFR Title-Industry	Regulations	Cost (in millions)	Hours
6-Domestic Security	1	57.4
7-Agriculture	6	$25.2	677,196
10-Energy	7	$9,311	91,131
12-Banking	12	$4.6	1,121,164
14-Aeronautics	82	$697	145,999
16-Commercial Practices	3		1,359
17-Commodities, Securities	7	$275	386,201
18-Conservation	5	$15	178,601
20-Employees’ Benefits	1	$1.1	6,360
21-Food and Drugs	8	$4,243	2,897,295
22-Foreign Relations	1		-109,900
23-Highways	2	$296
26-Internal Revenue	6		8,335,000
28-Judicial Administration	1	$451
29-Labor	6	$152.3	309,600
34-Education	1	$2,360	6,942,377
37-Patents, Copyright	1	$43.4	111,810
38-Veterans’ Relief	1		5,500
40-Environment	12	$1,694	5,856,901
41-Public Contracts	1	$7.8	107,100
42-Public Health	3	$44.5	1,069
45-Public Welfare	7	$693.1	2,215,249
46-Shipping	1	$0.3	842
47-Telecommunication	7	$67	227,011
48-Federal Acquisition	1		557,939
49-Transportation	11	$1,697	-20,151,513
50-Wildlife and Fisheries	1	$420
Multiple Titles	6	$4,225	-857,015

Affordable Care Act

There were no health care rulemakings this week. Since passage, based on total lifetime costs of the regulations, the Affordable Care Act has imposed an estimated cost of $27.5 billion in private-sector burdens, approximately $8 billion in costs to the states, and 159.1 million annual paperwork hours.

Dodd-Frank

There were no published Dodd-Frank rulemakings this week. Click here to view the total estimated compliance costs from Dodd-Frank; since passage, the legislation has produced more than 60.4 million paperwork burden hours and imposed $22.2 billion in direct compliance costs. Based on calculations from the Financial Services Roundtable, Dodd-Frank regulations would require 30,211 employees to file federal paperwork.

A Note on Notices

There were 336 notices published this week. Regulators proposed 16 new paperwork requirements, imposing 115,312 paperwork burden hours. One of these notices monetized the cost of completing paperwork, adding $375,000 to the overall compliance burden.

There were two major change to existing paperwork requirements (defined as an hourly burden increase or decrease of 500,000 or greater). This change accounted for a net total incease of 43,037,856 burden hours.

Total Burdens

Since January 1, the federal government has published $26.7 billion in compliance costs and has imposed more than 9.1 million paperwork burden hours on net. Click here for our comprehensive database of regulations and rulemakings promulgated in 2014.