Regulatory Accountability Act of 1995

Regulatory Accountability Act of 1995 - Sets forth specific requirements to which Federal agencies must adhere in undertaking any regulatory action and in promulgating any proposed or final major rule, including requirements for major rule regulatory analysis.

Requires the President to establish a process for the centralized review and coordination of Federal agency regulatory actions, to be conducted by the Office of Management and Budget or other presidential designee, before public notification and participation.

Provides for public participation in the development and review of regulatory actions.

Prohibits judicial review of regulatory analyses and agency compliance or non-compliance with the mandate of this Act for such analyses.