,i #aac? ,,congress #b;d ,session ,h4 ,r4 #dfee ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,may #i1 #bjad ,mr4 ,yod] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ov]sight & ,gov]nm5t ,re=m1 & 9 addition to ! ,committees on ! ,judici>y1 ,rules1 & ! ,budget1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d ! ,unfund$ ,m&ates ,re=m ,act ( #aiie to provide = regulatory impact analyses = c]ta9 rules1 consid]ation ( ! lea/ burd5some regulatory alt]native1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,unfund$ ,m&ates ,acc\ntability ,act ( #bjac4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,! public has a "r to "k ! b5efits & co/s ( regulation4 ,regulations impose significant co/s on individuals1 employ]s1 ,/ate1 local1 & tribal gov]nm5ts1 div]t+ res\rces f o!r important priorities4 7#b7 ,bett] regulatory analysis & review %\ld improve ! quality ( ag5cy decisions1 increas+ ! b5efits & r$uc+ unw>rant$ co/s ( regulation4 7#c7 ,disclosure & scrut9y ( key in=mation und]ly+ ag5cy decisions %\ld make ,gov]nm5t m acc\ntable to ! public x s]ves4 #c4 ,regulatory impact analyses = c]ta9 rules ,section #bjb ( ! ,unfund$ ,m&ates ,re=m ,act ( #aiie 7#b ,u4,s4,c4 #aecb7 is am5d$-- 7#a7 by /rik+ ! section head+ & ins]t+ ! foll[+3 #bjb4 ,regulatory impact analyses = c]ta9 rules 2 7#b7 by r$esignat+ subsections 7b7 & 7c7 z subsections 7d7 & 7e71 respectively2 7#c7 by /rik+ subsection 7a7 & ins]t+ ! foll[+3 7a7 ,def9ition ,9 ?is section1 ! t]m co/ means ! co/ ( compliance & any reasonably =eseeable indirect co/s1 includ+ rev5ues lo/ z a result ( an ag5cy rule subject to ?is section4 7b7 ,9 g5]al ,be=e promulgat+ any propos$ or f9al rule t may h an annual effect on ! economy ( #ajj1jjj1jjj or m 7adju/$ = inflation71 or t may result 9 ! exp5diture by ,/ate1 local1 & tribal gov]nm5ts1 9 ! aggregate1 ( #ajj1jjj1jjj or m 7adju/$ = inflation7 9 any #a ye>1 ea* ag5cy %all prep>e & publi% 9 ! ,f$]al ,regi/] an initial & f9al regulatory impact analysis4 ,! initial regulatory impact analysis %all accompany ! ag5cy's notice ( propos$ rulemak+ & %all be op5 to public comm5t4 ,! f9al regulatory impact analysis %all accompany ! f9al rule4 7c7 ,cont5t ,! initial & f9al regulatory impact analysis "u subsection 7b7 %all include-- 7#a7 7,a7 an analysis ( ! anticipat$ b5efits & co/s ( ! rule1 :i* %all be quantifi$ to ! ext5t feasible2 7,b7 an analysis ( ! b5efits & co/s ( a reasonable numb] ( regulatory alt]natives )9 ! range ( ! ag5cy's discretion "u ! /atute au?oriz+ ! rule1 includ+ alt]natives t-- 7i7 require no action by ! ,f$]al ,gov]nm5t2 & 7ii7 use inc5tives & m>ket-bas$ means to enc\rage ! desir$ behavior1 provide in=mation ^u :i* *oices c be made by ! public1 or employ o!r flexible regulatory options t p]mit ! greate/ flexibility 9 a*iev+ ! objectives ( ! /atutory provision au?oriz+ ! rule2 & 7,c7 an explanation t ! rule meets ! requirem5ts ( section #bje2 7#b7 an assessm5t ( ! ext5t to :i*-- 7,a7 ! co/s to ,/ate1 local1 & tribal gov]nm5ts may be paid ) ,f$]al f9ancial assi/ance 7or o!rwise paid = by ! ,f$]al ,gov]nm5t72 & 7,b7 !re are available ,f$]al res\rces to c>ry out ! rule2 7#c7 e/imates (-- 7,a7 any disproportionate budget>y effects ( ! rule ^u any p>ticul> regions ( ! ,nation or p>ticul> ,/ate1 local1 or tribal gov]nm5ts1 urban or rural or o!r types ( communities1 or p>ticul> segm5ts ( ! private sector2 & 7,b7 ! effect ( ! rule on job creation or job loss1 :i* %all be quantifi$ to ! ext5t feasible2 & 7#d7 7,a7 a description ( ! ext5t ( ! ag5cy's prior consultation ) elect$ repres5tatives 7"u section #bjd7 ( ! affect$ ,/ate1 local1 & tribal gov]nm5ts2 7,b7 a summ>y ( ! comm5ts & conc]ns t 7 pres5t$ by ,/ate1 local1 or tribal gov]nm5ts ei!r orally or 9 writ+ to ! ag5cy2 & 7,c7 a summ>y ( ! ag5cy's evaluation ( ^? comm5ts & conc]ns4 2 7#d7 9 subsection 7d7 7z r$esignat$ by p>agraph 7#b7 ( ?is subsection71 by /rik+ subsection 7a7 & ins]t+ subsection 7b72 & 7#e7 9 subsection 7e7 7z r$esignat$ by p>agraph 7#b7 ( ?is subsection71 by /rik+ subsection 7a7 ea* place t t]m appe>s & ins]t+ subsection 7b74 #d4 ,lea/ burd5some option or explanation requir$ ,section #bje ( ! ,unfund$ ,m&ates ,re=m ,act ( #aiie 7#b ,u4,s4,c4 #aece7 is am5d$ to read z foll[s3 #bje4 ,lea/ burd5some option or explanation requir$ ,be=e promulgat+ any propos$ or f9al rule = :i* a regulatory impact analysis is requir$ "u section #bjb1 ! ag5cy %all-- 7#a7 id5tify & consid] a reasonable numb] ( regulatory alt]natives )9 ! range ( ! ag5cy's discretion "u ! /atute au?oriz+ ! rule1 includ+ alt]natives requir$ "u section #bjb7;c77#a77;,b72 & 7#b7 f ! alt]natives describ$ "u p>agraph 7#a71 select ! lea/ co/ly1 mo/ co/-effective1 or lea/ burd5some alt]native t a*ieves ! objectives ( ! /atute4 4 #e4 ,inclusion ( application to indep5d5t regulatory ag5cies 7a7 ,9 g5]al ,section #dba7a7 ( ! ,congressional ,budget & ,imp\ndm5t ,control ,act ( #aigd 7#b ,u4,s4,c4 #feh7a77 is am5d$ by /rik+ 1 b does n include indep5d5t regulatory ag5cies4 7b7 ,exemption = monet>y policy ,! ,unfund$ ,m&ates ,re=m ,act ( #aiie 7#b ,u4,s4,c4 #aeja et seq47 is am5d$ by ins]t+ aft] section #e ! foll[+3 #f4 ,exemption = monet>y policy ,no?+ 9 title ,,ii1 ,,iii1 or ,,iv %all apply to rules t conc]n monet>y policy propos$ or implem5t$ by ! ,bo>d ( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em or ! ,f$]al ,op5 ,m>ket ,committee4 4 #f4 ,judicial review ,section #dja ( ! ,unfund$ ,m&ates ,re=m ,act ( #aiie 7#b ,u4,s4,c4 #aega7 is am5d$ to read z foll[s3 #dja4 ,judicial review 7a7 ,9 g5]al ,= any rule subject to section #bjb1 a p>ty aggriev$ by f9al ag5cy action is entitl$ to judicial review ( an ag5cy's analysis "u & 9 compliance ) subsections 7b7 & 7c77#a7 ( section #bjb & section #bje4 ,! scope ( review %all be gov]n$ by *apt] #g ( title #e1 ,unit$ ,/ates ,code4 7b7 ,jurisdiction ,ea* c\rt hav+ jurisdiction to review a rule subject to section #bjb = compliance ) section #eec ( title #e1 ,unit$ ,/ates ,code1 or "u any o!r provision ( law1 %all h jurisdiction to review any claims br\ght "u subsection 7a7 ( ?is section4 7c7 ,relief available ,9 grant+ relief 9 an action "u ?is section1 ! c\rt %all ord] ! ag5cy to take rem$ial action consi/5t ) *apt] #g ( title #e1 ,unit$ ,/ates ,code1 includ+ rem& & vacatur ( ! rule4 4 #g4 ,effective date ,?is ,act %all take effect #ij days aft] ! date ( enactm5t ( ?is ,act4