1. Short title This Act may be cited as the Regulation Reduction Act of 2023 . 2. Repeal of regulations required before issuance of a new rule (1) Requirement for rule An agency may not issue a rule unless such agency has repealed two or more rules described in paragraph (4) that, to the extent practicable, are related to the rule. (2) Requirement for major rule (A) Repeal required An agency may not issue a major rule unless— (i) such agency has repealed three or more rules described in paragraph (4) that, to the extent practicable, are related to the major rule; and (ii) the cost of the new major rule is less than or equal to the cost of the rules repealed. (B) Certified cost For any rule issued in accordance with subparagraph (A), the Administrator of the Office of Information and Regulatory Affairs of the Office of Management and Budget must have certified that the cost of the new major rule is equal to or less than the cost of the rules repealed. (3) Publication required Any rule repealed under paragraph (1) or (2) shall be published in the Federal Register. (4) Applicability This section— (A) applies to any rule or major rule that imposes a cost or responsibility on a nongovernmental person or a State or local government; and (B) shall not apply to any rule or major rule— (i) that relates to the internal policy or practice of an agency or procurement by the agency