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OMB's role in rulemaking involves overseeing the regulatory process to ensure that proposed regulations are consistent with the administration's policies and that they adhere to legal and procedural standards.
Federal agencies that are proposing new regulations or changes to existing regulations are required to file documents with OMB as part of the rulemaking process.
To fill out the rulemaking OMB's role, agencies must complete required forms and provide detailed information about the proposed rule, including its purpose, anticipated costs, and benefits.
The purpose of rulemaking OMB's role is to ensure that regulations are efficient, based on sound data, and in alignment with federal policies and priorities.
Agencies must report information such as the regulatory objective, economic impact, legal authority, public comments, and compliance costs when filing with OMB.
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