This legislation, titled the "Restoring Checks and Balances Act," establishes that any new federal regulatory rule issued by an agency will automatically sunset , or lose all force and effect, five years after its effective date. Unless Congress specifically reauthorizes a rule through an Act, agencies are prohibited from reissuing, enforcing, or taking any other regulatory action related to it once it has expired. The Director of the Office of Management and Budget or the head of the relevant agency may oversee this sunset process. To prevent a rule from sunsetting, an agency head must submit a reauthorization request to Congress at least one year before the scheduled expiration date. This request must include a justification for reauthorization, identify any related rules, and incorporate recommendations from congressional committee leadership. Agencies are encouraged to bundle multiple reauthorization requests into a single submission, and all such reports must be publicly available on the agency's website. The bill defines "covered rule" broadly but excludes certain types of rules, such as those related to military or foreign affairs, criminal law enforcement, internal agency matters, or those addressing imminent threats to human health or safety. This Act does not supersede existing administrative procedure laws.