,i #aacth ,,congress #ast ,session ,h4 ,r4 #bfdi ,,in ,,the ,,house ,,of ,,representatives ,july #aj1 #bjac ,mr4 ,latta introduced the following bill2 which was referred to the ,committee on ,energy and ,commerce ,a ,,bill ,to amend the ,communications ,act of #aicd to reform the ,federal ,communications ,commission by requiring an analysis of benefits and costs during the rule making process and creating certain presumptions regarding regulatory forbearance and biennial regulatory review determinations4 #a4 ,short title ,this ,act may be cited as the ,,fcc #8,a,b,cs' ,act of #bjac4 #b4 ,analysis of benefits and costs in ,,fcc rule making process 7a7 ,in general ,section #d of the ,communications ,act of #aicd 7#dg ,u4,s4,c4 #aed7 is amended by adding at the end the following new subsection3 7p7 7#a7 ,in the case of a proposed or final rule 7including a proposed or final amendment to an existing rule7 that may have an economically significant impact1 the ,commission shall include in the notice of proposed rule making or final rule1 respectively1 an analysis of the benefits and costs of the proposed or final rule that demonstrates that the benefits outweigh the costs1 recognizing that some benefits and costs are difficult to quantify4 7#b7 ,for purposes of this subsection1 the term economically significant impact means an effect on the economy of #ajj1jjj1jjj or more annually or a material adverse effect on the economy1 a sector of the economy1 productivity1 competition1 jobs1 the environment1 public health or safety1 or ,state1 local1 or tribal governments or communities4 4 7b7 ,no additional appropriations authorized ,the amendment made by subsection 7a7 does not authorize any appropriations for the express purpose1 in whole or in part1 of carrying out such amendment4 #c4 ,presumption regarding regulatory forbearance determination ,section #aj of the ,communications ,act of #aicd 7#dg ,u4,s4,c4 #afj7 is amended by adding at the end the following new subsection3 7f7 ,presumption ,in making a determination under subsection 7a71 the ,commission shall presume1 absent clear and convincing evidence to the contrary1 that the requirements for forbearance under such subsection are met4 4 #d4 ,presumption regarding biennial regulatory review determination ,section #aa of the ,communications ,act of #aicd 7#dg ,u4,s4,c4 #afa7 is amended by adding at the end the following new subsection3 7c7 ,presumption ,in making a determination under subsection 7a77#b71 the ,commission shall presume1 absent clear and convincing evidence to the contrary1 that the regulation is no longer necessary in the public interest as the result of meaningful economic competition between providers of telecommunications service4 4