billHR9592Event Saturday, January 4, 2025Analyzed

Federal Register Modernization Act of 2024

Neutral

Summary

The Federal Register Modernization Act of 2024 (HR9592) was signed into law on January 4, 2025. It updates federal record-keeping requirements from printing to digital publishing, eliminating the need for duplicate originals and allowing a designee of the President to approve certain regulations. This is a procedural administrative modernization with no direct market impact.

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Key Takeaways

  • 1.The bill is signed law and purely procedural.
  • 2.No funding, no private sector impact.
  • 3.No publicly traded companies are affected.

Market Implications

No market implications. This is a government administrative update with no effect on any sector or company.

Full Analysis

The bill, introduced by Rep. Clay Higgins (R-LA-3) and cosponsored by Rep. Gerald Connolly (D-VA-11), passed the House by voice vote on November 12, 2024, and became Public Law No. 118-267 on January 4, 2025. It amends Title 44 of the U.S. Code to replace references to 'printing' with 'publishing' for the Federal Register and Code of Federal Regulations, eliminates the requirement for agencies to submit duplicate originals, and clarifies that a designee of the President can fulfill certain functions related to the Administrative Committee of the Federal Register. No funding is authorized or appropriated by this bill. The law is purely procedural, affecting how government documents are published and archived. There are no direct or indirect market implications for any publicly traded company. The bill does not create new programs, allocate funds, or impose costs on private entities. It is a routine government operations update.

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