,,ii  #aac? ,,congress  #b;d ,session   
,s4 #baec  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #be1 #bjad ,mr4   
,rubio introduc$ ! foll[+ bill2 :i* 0   
read twice & ref]r$ to ! ,committee on  
,homel& ,security & ,gov]nm5tal ,affairs
  ,a ,,bill  ,to e/abli% a ,national    
,regulatory ,budget1 & = o!r purposes4  
#a4  ,%ort title  ,?is ,act may be cit$ 
z ! ,national ,regulatory ,budget ,act (
 #bjad4  #b4  ,e/abli%m5t ( ! ,(fice (  
,regulatory ,analysis  7a7  ,9 g5]al    
,"p ,i ( title #e1 ,unit$ ,/ates ,code1 
is am5d$ by ins]t+ aft] *apt] #f !      
foll[+3  #f;,a  ,national ,regulatory   
,budget & ,(fice ( ,regulatory ,analysis
  ,sec4 #fac4 ,def9itions4 #fad4 ,(fice 
( ,regulatory ,analysis2 e/abli%m5t2    
p[]s4 #fae4 ,functions ( ,(fice (       
,regulatory ,analysis2 ,executive bran* 
ag5cy compliance4 #faf4 ,public         
disclosure ( e/imate me?odology & data2 
privacy4 #fag4 ,national ,regulatory    
,budget2 timel9e4 #fah4 ,executive bran*
 ag5cy coop]ation m&atory2 in=mation    

%>+4 #fai4 ,en=cem5t4 #fbj4 ,regulatory 
,analysis ,advisory ,bo>d4  #fac4       
,def9itions ,9 ?is *apt]-- 7#a7 ! t]m   
aggregate co/s1 ) respect to a cov]$    
,f$]al rule1 means ! sum (-- 7,a7 !     
direct co/s ( ! cov]$ ,f$]al rule2 &    
7,b7 ! regulatory co/s ( ! cov]$ ,f$]al 
rule2  7#b7 ! t]m cov]$ ,f$]al rule     
means-- 7,a7 a rule 7z def9$ 9 section  
#eea72  7,b7 an in=mation collection    
requirem5t giv5 a control numb] by !    
,(fice ( ,managem5t & ,budget2 or  7,c7 
guidance or a directive t-- 7i7 is n    
describ$ 9 subp>agraph 7,a7 or 7,b72    
7ii7 7,i7 is m&atory 9 its application  
to regulat$ entities2 or  7,,ii7        
repres5ts a /atem5t ( ag5cy position t  
regulat$ entities w\ld reasonably       
con/rue z reflect+ ! en=cem5t or        
litigation position ( ! ag5cy2 &  7iii7 
imposes n less ?an #be1jjj1jjj 9 annual 
co/s on regulat$ entities2  7#c7 ! t]m  
direct co/s means-- 7,a7 exp5ditures    
made by an ,executive bran* ag5cy t     
relate to ! promulgation1 adm9i/ration1 

or en=cem5t ( a cov]$ ,f$]al rule2 or   
7,b7 co/s incurr$ by an ,executive bran*
 ag5cy1 a ,gov]nm5t corporation1 !      
,unit$ ,/ates ,po/al ,s]vice1 or any o!r
 in/rum5tality ( ! ,f$]al ,gov]nm5t     
because ( a cov]$ ,f$]al rule2  7#d7 !  
t]m ,director means ! ,director ( !     
,(fice ( ,regulatory ,analysis e/abli%$ 
"u section #fad7;b72  7#e7 ! t]m        
,executive bran* ag5cy means-- 7,a7 an  
,executive dep>tm5t 7z def9$ 9 section  
#aja72 &  7,b7 an indep5d5t e/abli%m5t  
7z def9$ 9 section #ajd72  7#f7 ! t]m   
regulat$ entity means-- 7,a7 a =-pr(it  
private sector entity 7includ+ an       
individual :o is 9 bus9ess z a sole     
proprietor72  7,b7 a n-=-pr(it private  
sector entity2 or  7,c7 a ,/ate or local
 gov]nm5t2 &  7#g7 ! t]m regulatory co/s
 means all co/s incurr$ by a regulat$   
entity because ( cov]$ ,f$]al rules4    
#fad4  ,(fice ( ,regulatory ,analysis2  
e/abli%m5t2 p[]s  7a7  ,e/abli%m5t ,!re 
is e/abli%$ 9 ! executive bran* an      
indep5d5t e/abli%m5t to be kn[n z !     

,(fice ( ,regulatory ,analysis4  7b7    
,director  7#a7  ,e/abli%m5t ( position 
,!re %all be at ! head ( ! ,(fice (     
,regulatory ,analysis a ,director1 :o   
%all be appo9t$ by ! ,presid5t1 by & ) !
 advice & cons5t ( ! ,s5ate4  7#b7  ,t]m
  7,a7  ,9 g5]al  ,! t]m ( (fice ( !    
,director %all--  7i7 be #d ye>s2 &     
7ii7 expire on ! la/ day ( ,febru>y     
foll[+ ea* ,presid5tial election4  7,b7 
,appo9tm5ts prior to expiration ( t]m   
,subject to subp>agraph 7,c71 an        
individual appo9t$ z ,director to fill a
 vacancy prior to ! expiration ( a t]m  
%all s]ve only = ! unexpir$ portion ( ! 
t]m4  7,c7  ,s]vice until appo9tm5t (   
successor  ,an individual s]v+ z        
,director at ! expiration ( a t]m may   
cont9ue to s]ve until a successor is    
appo9t$4  7#c7  ,p[]s  7,a7  ,appo9tm5t 
( ,deputy ,directors1 (fic]s1 &         
employees  7i7  ,9 g5]al  ,! ,director  
may appo9t ,deputy ,directors1 (fic]s1 &
 employees1 includ+ attorneys1 9        
accordance ) *apt] #ea & sub*apt] ,,iii 

( *apt] #ec4  7ii7  ,t]m ( ,deputy      
,directors  ,a ,deputy ,director %all   
s]ve until ! expiration ( ! t]m ( (fice 
( ! ,director :o appo9t$ ! ,deputy      
,director 7& until a successor to t     
,director is appo9t$71 unless soon]     
remov$ by ! ,director4  7,b7  ,contract+
  7i7  ,9 g5]al  ,! ,director may       
contract = f9ancial & adm9i/rative      
s]vices 7includ+ ^? relat$ to budget &  
acc\nt+1 f9ancial report+1 p]sonnel1 &  
procurem5t7 ) ! ,g5]al ,s]vices         
,adm9i/ration1 or su* o!r ,f$]al ag5cy z
 ! ,director det]m9es appropriate1 = :i*
 paym5t %all be made 9 advance1 or by   
reimbursem5t1 f funds ( ! ,(fice (      
,regulatory ,analysis 9 su* am\nts z may
 be agre$ ^u by ! ,director & ! head ( !
 ,f$]al ag5cy provid+ ! s]vices4  7ii7  
,subject to appropriations  ,contract   
au?ority "u clause 7i7 %all be effective
 = any fiscal ye> only to ! ext5t t     
appropriations are available = t        
purpose4  7c7  ,au?orization (          
appropriations ,!re are au?oriz$ to be  

appropriat$ to ! ,(fice ( ,regulatory   
,analysis = ea* fiscal ye> su* sums z   
may be necess>y to enable ! ,(fice (    
,regulatory ,analysis to c>ry out its   
duties & functions4  #fae4  ,functions (
 ,(fice ( ,regulatory ,analysis2        
,executive bran* ag5cy compliance  7a7  
,annual report requir$  7#a7  ,9 g5]al  
,n lat] ?an ,janu>y #cj ( ea* ye>1 !    
,director %all submit to ! ,committee on
 ,homel& ,security & ,gov]nm5tal        
,affairs ( ! ,s5ate1 ! ,committee on    
,small ,bus9ess & ,entrepr5eur%ip ( !   
,s5ate1 ! ,committee on ,ov]sight &     
,gov]nm5t ,re=m ( ! ,h\se (             
,repres5tatives1 & ! ,committee on      
,small ,bus9ess ( ! ,h\se (             
,repres5tatives a ,report on ,national  
,regulatory ,co/s 7ref]r$ to 9 ?is      
section z ! ,report7 t includes !       
in=mation specifi$ "u p>agraph 7#b74    
7#b7  ,cont5ts  ,ea* ,report %all       
include-  7,a7 an e/imate1 = ! fiscal   
ye> dur+ :i* ! ,report is submitt$ & = !
 prec$+ fiscal ye>1 (--  7i7 !          

regulatory co/s impos$ by ea* ,executive
 bran* ag5cy on regulat$ entities2  7ii7
 ! aggregate co/s impos$ by ea*         
,executive bran* ag5cy2  7iii7 !        
aggregate co/s impos$ by all ,executive 
bran* ag5cies comb9$2  7iv7 ! direct    
co/s incurr$ by ! ,f$]al ,gov]nm5t      
because ( cov]$ ,f$]al rules issu$ by   
ea* ,executive bran* ag5cy2  7v7 ! sum (
 ! co/s describ$ 9 clauses 7iii7 & 7iv72
  7vi7 ! regulatory co/s impos$ by ea*  
,executive bran* ag5cy on small         
bus9esses1 small organizations1 & small 
gov]nm5tal jurisdictions 7z ^? t]ms are 
def9$ 9 section #fja72 &  7vii7 ! sum ( 
! co/s describ$ 9 clause 7vi72  7,b7 an 
analysis ( any major *anges 9 e/imation 
me?odology us$ by ! ,(fice ( ,regulatory
 ,analysis s9ce ! previ\s annual report2
  7,c7 an analysis ( any major e/imate  
*anges caus$ by improv$ or inadequate   
data s9ce ! previ\s annual report2  7,d7
 recomm5dations1 bo? g5]al & specific1  
reg>d+--  7i7 h[ regulations may be     
/reaml9$1 simplifi$1 & mod]niz$2  7ii7  

regulations t %\ld be repeal$2 &  7iii7 
h[ ! ,f$]al ,gov]nm5t may r$uce ! co/s (
 regulations )\t dim9i%+ ! effectiv5ess 
( regulations2 &  7,e7 any o!r in=mation
 t ! ,director det]m9es may be (        
assi/ance to ,congress 9 det]m9+ !      
,national ,regulatory ,budget requir$ "u
 section #fag4  7b7  ,regulatory        
analysis ( new rules  7#a7  ,requirem5t 
,! ,director %all publi% 9 ! ,f$]al     
,regi/] & on ! website ( ! ,(fice (     
,regulatory ,analysis a regulatory      
analysis ( ea* propos$ cov]$ ,f$]al rule
 issu$ by an ,executive bran* ag5cy1 &  
ea* propos$ )drawal or modification ( a 
cov]$ ,f$]al rule by an ,executive bran*
 ag5cy1 t--  7,a7 imposes co/s on a     
regulat$ entity2 or  7,b7 r$uces co/s   
impos$ on a regulat$ entity4  7#b7      
,cont5ts  ,ea* regulatory analysis      
publi%$ "u p>agraph 7#a7 %all include-- 
7,a7 an e/imate ( ! *ange 9 regulatory  
co/ ( ea* propos$ cov]$ ,f$]al rule 7or 
propos$ )drawal or modification ( a     
cov]$ ,f$]al rule72 &  7,b7 any o!r     

in=mation or recomm5dation t ! ,director
 may *oose to provide4  7#c7  ,tim+ (   
regulatory analysis  7,a7  ,initial     
regulatory analysis  ,n lat] ?an #fj    
days aft] ! date on :i* ! ,director     
receives a copy ( a propos$ cov]$ ,f$]al
 rule f ! head ( an ,executive bran*    
ag5cy "u p>agraph 7#d71 ! ,director %all
 publi% an initial regulatory analysis4 
7,b7  ,revis$ regulatory analysis  ,!   
,director may publi% a revis$ regulatory
 analysis at any "t4  7#d7  ,notice to  
,director ( propos$ cov]$ ,f$]al rule   
,! head ( an ,executive bran* ag5cy %all
 provide a copy ( ea* propos$ cov]$     
,f$]al rule to ! ,director 9 a mann]    
prescrib$ by ! ,director4  7c7          
,effective dates  7#a7  ,9 g5]al        
,except z provid$ 9 p>agraph 7#b71 a    
cov]$ ,f$]al rule may n take effect     
e>li] ?an #ge days aft] ! date on :i* ! 
head ( ! ,executive bran* ag5cy propos+ 
! cov]$ ,f$]al rule submits a copy ( !  
propos$ cov]$ ,f$]al rule to ! ,director
 9 ! mann] prescrib$ by ! ,director "u  

subsection 7b77#d74  7#b7  ,exception   
,if ! head ( ! ,executive bran* ag5cy   
propos+ a cov]$ ,f$]al rule det]m9es t !
 public heal? or safety or national     
security requires t ! cov]$ ,f$]al rule 
be promulgat$ e>li] ?an ! date specifi$ 
"u p>agraph 7#a71 ! head ( ! ,executive 
bran* ag5cy may promulgate ! cov]$      
,f$]al rule )\t reg>d to p>agraph 7#a74 
#faf4  ,public disclosure ( e/imate     
me?odology & data2 privacy  7a7         
,privacy  ,! ,director %all comply ) all
 relevant privacy laws1 includ+--  7#a7 
! ,confid5tial ,in=mation ,protection & 
,/ati/ical ,effici5cy ,act ( #bjjb 7#dd 
,u4,s4,c4 #ceja note72  7#b7 section #i 
( title #ac2 &  7#c7 section #fajc ( !  
,int]nal ,rev5ue ,code ( #aihf4  7b7    
,disclosure  7#a7  ,9 g5]al  ,to !      
maximum ext5t p]mitt$ by law1 !         
,director %all disclose1 by publication 
9 ! ,f$]al ,regi/] & on ! website ( !   
,(fice ( ,regulatory ,analysis1 !       
me?odology & data us$ to g5]ate !       
e/imates 9 ! ,report on ,national       

,regulatory ,co/s requir$ "u section    
#fae4  7#b7  ,goal ( disclosure  ,9     
disclos+ ! me?odology & data "u p>agraph
 7#a71 ! ,director %all seek to provide 
suffici5t in=mation s t outside rese>*]s
 may replicate ! results conta9$ 9 !    
,report on ,national ,regulatory ,co/s4 
#fag4  ,national ,regulatory ,budget2   
timel9e  7a7  ,def9ition  ,9 ?is        
section--  7#a7 ! t]m annual ov]all     
regulatory co/ cap means ! maximum am\nt
 ( regulatory co/s t all ,executive     
bran* ag5cies comb9$ may impose 9 a     
fiscal ye>2  7#b7 ! t]m annual ag5cy    
regulatory co/ cap means ! maximum am\nt
 ( regulatory co/s t an ,executive bran*
 ag5cy may impose 9 a fiscal ye>2 &     
7#c7 ! t]m ,national ,regulatory ,budget
 means an ,act ( ,congress t e/abli%es1 
= a fiscal ye>--  7,a7 ! annual ov]all  
regulatory co/ cap2 &  7,b7 an annual   
ag5cy regulatory co/ cap = ea*          
,executive bran* ag5cy4  7b7  ,committee
 deadl9es  7#a7  ,ref]ral  ,n lat] ?an  
,m>* #ca ( ea* ye>--  7,a7 ! ,committee 

on ,small ,bus9ess & ,entrepr5eur%ip ( !
 ,s5ate %all ref] to ! ,committee on    
,homel& ,security & ,gov]nm5tal ,affairs
 ( ! ,s5ate a bill t sets =? a ,national
 ,regulatory ,budget = ! fiscal ye>     
beg9n+ on ,octob] #a ( t ye>2 &  7,b7 ! 
,committee on ,small ,bus9ess ( ! ,h\se 
( ,repres5tatives %all ref] to !        
,committee on ,ov]sight & ,gov]nm5t     
,re=m ( ! ,h\se ( ,repres5tatives a bill
 t sets =? a ,national ,regulatory      
,budget = ! fiscal ye> beg9n+ on ,octob]
 #a ( t ye>4  7#b7  ,report+  ,n lat]   
?an ,may #ca ( ea* ye>--  7,a7 !        
,committee on ,homel& ,security &       
,gov]nm5tal ,affairs ( ! ,s5ate %all    
report a bill e/abli%+ a ,national      
,regulatory ,budget = ! fiscal ye>      
beg9n+ on ,octob] #a ( t ye>2 &  7,b7 ! 
,committee on ,ov]sight & ,gov]nm5t     
,re=m ( ! ,h\se ( ,repres5tatives %all  
report a bill e/abli%+ a ,national      
,regulatory ,budget = ! fiscal ye>      
beg9n+ on ,octob] #a ( t ye>4  7c7      
,passage  ,n lat] ?an ,july #ca ( ea*   

ye>1 ! ,h\se ( ,repres5tatives & !      
,s5ate %all ea* pass a bill e/abli%+ a  
,national ,regulatory ,budget = ! fiscal
 ye> beg9n+ on ,octob] #a ( t ye>4  7d7 
,pres5tm5t  ,n lat] ?an ,septemb] #ae ( 
ea* ye>1 ,congress %all pass & pres5t to
 ! ,presid5t a ,national ,regulatory    
,budget = ! fiscal ye> beg9n+ on ,octob]
 #a ( t ye>4  7e7  ,default budget  7#a7
 ,9 g5]al ,if a ,national ,regulatory   
,budget is n enact$ ) respect to a      
fiscal ye>1 ! mo/ rec5tly enact$        
,national ,regulatory ,budget %all apply
 to t fiscal ye>4  7#b7 ,default initial
 budget  7,a7 ,calculation ,if a        
,national ,regulatory ,budget is n      
enact$ ) respect to a fiscal ye>1 & no  
,national ,regulatory ,budget has       
previ\sly be5 enact$-- 7i7 ! annual     
ag5cy regulatory co/ cap = an ,executive
 bran* ag5cy = ! fiscal ye> %all be     
equal to ! am\nt ( regulatory co/s      
impos$ by t ,executive bran* ag5cy on   
regulat$ entities dur+ ! prec$+ fiscal  
ye>1 z e/imat$ by ! ,director 9 ! annual

 report submitt$ to ,congress "u section
 #fae7;a72 &  7ii7 ! annual ov]all      
regulatory co/ cap = ! fiscal ye> %all  
be equal to ! sum ( ! am\nts describ$ 9 
clause 7i74  7,b7 ,effect ,= purposes ( 
section #fai1 an annual ag5cy regulatory
 co/ cap describ$ 9 subp>agraph 7,a7 t  
applies to a fiscal ye> %all h ! same   
effect z if ! annual ag5cy regulatory   
co/ cap 7 "p ( a ,national ,regulatory  
,budget applicable to t fiscal ye>4  7f7
 ,initial budget ,! fir/ ,national      
,regulatory ,budget %all be ) respect to
 fiscal ye> #bjaf4  #fah4  ,executive   
bran* ag5cy coop]ation m&atory2         
in=mation %>+  7a7  ,executive bran*    
ag5cy coop]ation m&atory  ,n lat] ?an   
#de days aft] ! date on :i* ! ,director 
reque/s any in=mation f an ,executive   
bran* ag5cy1 ! ,executive bran* ag5cy   
%all provide ! ,director ) ! in=mation4 
7b7  ,memor&a ( und]/&+ reg>d+          
confid5tiality  7#a7  ,9 g5]al  ,an     
,executive bran* ag5cy may require !    
,director to ent] into a memor&um (     

und]/&+ reg>d+ ! confid5tiality (       
in=mation provid$ by ! ,executive bran* 
ag5cy to ! ,director "u subsection 7a7 z
 a condition prec$5t to provid+ any     
reque/$ in=mation4  7#b7  ,degree (     
confid5tiality or data protection  ,an  
,executive bran* ag5cy may n require a  
great] degree ( confid5tiality or data  
protection f ! ,director 9 a memor&um ( 
und]/&+ ent]$ into "u p>agraph 7#a7 ?an 
! ,executive bran* ag5cy itself mu/     
adh]e to4  7#c7  ,scope  ,a memor&um (  
und]/&+ ent]$ into by ! ,director & an  
,executive bran* ag5cy "u p>agraph 7#a7 
%all--  7,a7 be g5]al 9 scope2 &  7,b7  
gov]n all p5d+ & future reque/s made to 
! ,executive bran* ag5cy by ! ,director4
  7c7 ,sanctions = non-,coop]ation  7#a7
 ,9 g5]al ,! appropriations ( an        
,executive bran* ag5cy = a fiscal ye>   
%all be r$uc$ by "o-half ( #a p]c5t if1 
dur+ t fiscal ye>1 ! ,director f9ds t-- 
7,a7 ! ,executive bran* ag5cy has fail$ 
to timely provide in=mation t !         
,director reque/$ "u subsection 7a72    

7,b7 ! ,director has provid$ notice ( ! 
failure describ$ 9 subp>agraph 7,a7 to !
 ,executive bran* ag5cy2  7,c7 !        
,executive bran* ag5cy has fail$ to cure
 ! failure describ$ 9 subp>agraph 7,a7  
)9 #cj days ( be+ notifi$ "u subp>agraph
 7,b72 &  7,d7 ! in=mation t ! ,director
 reque/$ "u subsection 7a7--  7i7 is 9 !
 possession ( ! ,executive bran* ag5cy2 
or  7ii7 may reasonably be develop$ by !
 ,executive bran* ag5cy4  7#b7          
,seque/ration  ,! ,(fice ( ,managem5t & 
,budget1 9 consultation ) ! ,(fice (    
,f$]al ,f9ancial ,managem5t & ,f9ancial 
,managem5t ,s]vice1 %all en=ce a        
r$uction 9 appropriations "u p>agraph   
7#a7 by seque/]+ ! appropriate am\nt (  
funds & return+ ! funds to ! ,treasury4 
7#c7  ,appeals  7,a7  ,9 g5]al  ,!      
,director ( ! ,(fice ( ,managem5t &     
,budget may r$uce ! am\nt (1 or except z
 provid$ 9 subp>agraph 7,b71 waive1 a   
sanction impos$ "u p>agraph 7#a7 if !   
,director ( ! ,(fice ( ,managem5t &     
,budget f9ds t--  7i7 ! sanction is     

unw>rant$2  7ii7 ! sanction is          
disproportionate to ! gravity ( !       
failure2  7iii7 ! failure has be5 cur$2 
or  7iv7 provid+ ! reque/$ in=mation    
w\ld adv]sely affect national security4 
7,b7  ,no waiv] = hi/orically           
non-compliant ag5cies  ,! ,director ( ! 
,(fice ( ,managem5t & ,budget may n     
waive a sanction impos$ on an ,executive
 bran* ag5cy "u p>agraph 7#a7 if !      
,executive bran* ag5cy has a hi/ory (   
non-compliance ) reque/s = in=mation by 
! ,director ( ! ,(fice ( ,regulatory    
,analysis "u subsection 7a74  7d7       
,national security  ,! ,director may n  
require an ,executive bran* ag5cy to    
provide in=mation "u subsection 7a7 t   
w\ld adv]sely affect national security4 
#fai4  ,en=cem5t  7a7  ,exce$+ annual   
ag5cy regulatory co/ cap  ,an ,executive
 bran* ag5cy t exce$s ! annual ag5cy    
regulatory co/ cap impos$ by ! ,national
 ,regulatory ,budget = a fiscal ye> may 
n promulgate a new cov]$ ,f$]al rule t  
increases regulatory co/s until !       

,executive bran* ag5cy no long] exce$s !
 annual ag5cy regulatory co/ cap impos$ 
by ! applicable ,national ,regulatory   
,budget4  7b7  ,det]m9ation ( ,director 
7#a7  ,9 g5]al  ,an ,executive bran*    
ag5cy may n promulgate a cov]$ ,f$]al   
rule unless ! ,director det]m9es1 9     
conduct+ ! regulatory analysis ( ! cov]$
 ,f$]al rule "u section                 
#fae7;b77#c77;,a7 t1 aft] ! ,executive  
bran* ag5cy promulgates ! cov]$ ,f$]al  
rule1 ! ,executive bran* ag5cy w n exce$
 ! annual ag5cy regulatory co/ cap = t  
,executive bran* ag5cy4  7#b7  ,tim+  ,!
 ,director %all make a det]m9ation "u   
p>agraph 7#a7 ) respect to a propos$    
cov]$ ,f$]al rule n lat] ?an #fj days   
aft] ! ,director receives a copy ( !    
propos$ cov]$ ,f$]al rule "u section    
#fae7;b77#d74  7c7  ,effect ( violation 
( ?is section  7#a7  ,no =ce or effect  
,a cov]$ ,f$]al rule t is promulgat$ 9  
violation ( ?is section %all h no =ce or
 effect4  7#b7  ,judicial ,en=cem5t     
,any p>ty may br+ an action 9 a di/rict 

c\rt ( ! ,unit$ ,/ates to decl>e t a    
cov]$ ,f$]al rule has no =ce or effect  
because ! cov]$ ,f$]al rule 0 promulgat$
 9 violation ( ?is section4  #fbj4      
,regulatory ,analysis ,advisory ,bo>d   
7a7  ,e/abli%m5t ( ,bo>d  ,9 accordance 
) ! ,f$]al ,advisory ,committee ,act 7#e
 ,u4,s4,c4 ,app471 ! ,director %all--   
7#a7 e/abli% a ,regulatory ,analysis    
,advisory ,bo>d2 &  7#b7 appo9t n few]  
?an #i & n m ?an #ae individuals z      
memb]s ( ! ,regulatory ,analysis        
,advisory ,bo>d4  7b7  ,qualifications  
,! ,director %all appo9t individuals )  
te*nical & practical exp]tise 9         
economics1 law1 acc\nt+1 sci5ce1        
managem5t1 & o!r areas t w aid !        
,director 9 prep>+ ! annual ,report on  
,national ,regulatory ,co/s requir$ "u  
section #fae4  4  7b7  ,te*nical &      
con=m+ am5dm5ts  7#a7  ,table ( *apt]s  
,! table ( *apt]s = "p ,i ( title #e1   
,unit$ ,/ates ,code1 is am5d$ by ins]t+ 
aft] ! item relat+ to *apt] #f ! foll[+3
  #f;,a4 ,national ,regulatory ,budget &

 ,(fice ( ,regulatory ,analysis #fac  4 
7#b7  ,int]nal ,rev5ue ,code ( #aihf    
,section #fajc7;j7 ( ! ,int]nal ,rev5ue 
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+3  7#g7  ,(fice ( ,regulatory   
,analysis  ,^u writt5 reque/ by !       
,director ( ! ,(fice ( ,regulatory      
,analysis e/abli%$ "u section #fad (    
title #e1 ,unit$ ,/ates ,code1 !        
,secret>y %all furni% to (fic]s &       
employees ( ! ,(fice ( ,regulatory      
,analysis return in=mation = ! purpose  
(1 b only to ! ext5t necess>y =1 an     
analysis ( regulatory co/s4  4  #c4     
,report on duplicative p]sonnel2 report 
on regulatory analysis  7a7  ,report on 
duplicative p]sonnel  ,n lat] ?an       
,decemb] #ca1 #bjad1 ! ,director %all   
submit to ,congress a report det]m9+    
positions 9 ! ,f$]al ,gov]nm5t t are--  
7#a7 duplicative ( ! "w p]=m$ by !      
,(fice ( ,regulatory ,analysis e/abli%$ 
"u section #fad ( title #e1 ,unit$      
,/ates ,code2 or  7#b7 o!rwise r5d]$ co/
 ineffective by ! "w ( ! ,(fice (       

,regulatory ,analysis4  7b7  ,report on 
regulatory analysis  7#a7  ,report      
requir$  ,n lat] ?an ,june #cj1 #bjae1 !
 ,director %all provide to ,congress a  
report analyz+ ! practice ) respect to1 
& ! effectiv5ess (--  7,a7 *apt] #f (   
?is title 7commonly kn[n z ! ,regulatory
 ,flexibility ,act72  7,b7 ! ,small     
,bus9ess ,regulatory ,en=cem5t ,fairness
 ,act ( #aiif 7#e ,u4,s4,c4 #fja note72 
7,c7 *apt] #ce ( title #dd 7commonly    
kn[n z ! ,pap]work ,r$uction ,act2  7,d7
 ea* ,executive ord] t m&ates economic  
analysis ( ,f$]al regulations2 &  7,e7  
,(fice ( ,managem5t & ,budget circul>s1 
directives1 & memor&a t m&ate ! economic
 analysis ( ,f$]al regulation4  7#b7    
,recomm5dations  ,! report "u p>agraph  
7#a7 %all include recomm5dations ab\t h[
 ,f$]al regulatory analysis may be      
improv$4  #d4  ,adm9i/rative proc$ure   
7a7  ,def9ition ( rule  ,section #eea7d7
 ( title #e1 ,unit$ ,/ates ,code1 is    
am5d$ by ins]t+ aft] requirem5ts ( an   
ag5cy ! foll[+3 1 :e!r or n ! ag5cy     

/atem5t am5ds ! ,code ( ,f$]al          
,regulations & includ+1 )\t limitation1 
a /atem5t describ$ by ! ag5cy z a       
regulation1 rule1 directive1 or         
guidance14  7b7  ,notice ( propos$      
rulemak+  ,section #eec7;b7 ( title #e1 
,unit$ ,/ates ,code1 is am5d$1 foll[+ ! 
flu% text1 9 subp>agraph 7,a7 by /rik+  
int]pretative rules1 g5]al /atem5ts (   
policy1 or4